$ 590,000
-
$590,000
Price -
7
Bed -
0.14
Acre
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About the Listing 692738406742 - 69195525925191,69204626850301
Exceptional income-producing opportunity in the heart of New Buffalo! This triplex features three units, each with private entrances and individual electric and water services, allowing for efficient management and tenant-paid utilities. All units are currently leased month-to-month, providing immediate income with the ability to adjust rents or reposition. The first unit lives like a single-family home with three bedrooms, 1.5 baths, a four-season room, private backyard, and side circle parking. Unit two includes one bedroom, one bath, updated electrical, and an unfinished basement with a second full bath and potential for additional living space. The third unit offers ravine views, one bedroom and one bath on the main level, plus a finished lower level with bedroom, bath, and separate entrance. Current rents are below market, presenting a clear value-add opportunity to increase income and improve overall return. Located minutes from beach, and all downtown amenities.
Listing Highlights
Interior Details
- Bedrooms: 7
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Basement: Michigan Basement
- Other: Cable Available,Forced Air
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 6
- Lot Dimensions: 87 x 132
- Roof: Composition
- Others: Wood,Paved
- Sewer: Sewer (Sewer-Sanitary),Sewer at Street
Financial Details
- Tax Amount: $5,142
- Taxes w/Assessments: N/A
- Tax/Property ID: 116267500137006
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
121 E Michigan St New Buffalo, MI 49117
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