Description
Turn key, 100% occupied brick 5 unit in downtown niles. this building features 3-2 bed 1 bath and 2-1 bed 1 bath. average rent of $909 per month including utility fees. this property cash flows nicely bringing in net income of over $24,000 in the past 12 months.property management company is ready and willing to stay in place if needed.tons of improvements have been made to the property in the past 3 years including new stair ways/decking in the rear of the building.
Property Type
MultifamilyCounty
BerrienStyle
MultifamilyAD ID
49197041
Sell a home like this and save $20,501 Find Out How
Property Details
-
Interior Features
Interior Features
- Laundry Facility
- Roof : Rubber
Heating & Cooling
- Cooling: Central Air
- Heating: Forced Air
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1945
- Total Units: 5
- Roof: Rubber
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.09
- Dimensions: 61x66
Property Information
- Financing: Cash,Conventional
-
Listing Information
Listing Price Information
- Original List Price: $350,000
Listing Information
- Legal Description: THE N 74' OF LOTS 70 & 71 & THE N 74' OF E 5' OF ALLEY BETWEEN LOTS 69 & 70 ELIJAH LACEY PLAT CITY OF NILES ALSO PT OF LOT 56 SD PLAT COM AT SE COR LOT 56 TH N 50' W 49' S 9' W 17.22' S 41' TH E 66' TO POB
-
Taxes / Assessments
Tax Information
- Annual Tax: $7,000
- Parcel Number: 117245600049015
Legal Information
- Legal Description: Section: THE N 74' OF LOTS 70 & 71 & THE N 74' OF E 5' OF ALLEY BETWEEN LOTS 69 & 70 ELIJAH LACEY PLAT CITY OF NILES ALSO PT OF LOT 56 SD PLAT COM AT SE COR LOT 56 TH N 50' W 49' S 9' W 17.22' S 41' TH E 66' TO POB
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 2
Multi-Unit Information
- Road Frontage: Paved
Unit 1 Information
- # of Bedrooms: 2
Unit 2 Information
- # of Bedrooms: 3
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
Statistics Bottom Ads 2

Sidebar Ads 1

Learn More about this Property
Sidebar Ads 2

Sidebar Ads 2

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2025 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan.
BuyOwner last updated this listing 04/11/2025 @ 08:22
- MLS: 624890004
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 8 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.