$44,000
$49,900
11.8%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
6,969 Sqft Lot
SOLD DATE : 10/16/2024
Key Details
Sold Price $44,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 71024052227
Sold Date 10/16/24
Bedrooms 2
Originating Board West Michigan Lakeshore Association of REALTORS®
Year Built 1960
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 53x132x52x133
Property Description
This duplex is a fantastic opportunity for investors looking to implement the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat). Featuring split utilities, each unit operates independently, separate gas and electric meters making it perfect for generating rental income. With good bones, this property has great potential but needs work to reach its full value.Whether you're ready to dive into a full rehab or seeking a rewarding project, this house is your blank canvas. Close to local schools, parks, and shopping, the location adds to its future value. Don't miss the chance to bring your vision to life! There is a small building at the River that needs to be torn down per the City.
Location
State MI
County Newaygo
Area Newaygo
Direction Take US-31 N, M-120 N, W 80th St and M-82 E to E Water St in Newaygo turn left at the 1st cross street onto E Water St
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Garage no
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Other
Schools
School District Newaygo
Others
Pets Allowed Yes
Tax ID 1919105010
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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