47 S 3rd Street Save Request In-Person Tour Request Virtual Tour
Niles,MI 49120
Key Details
Property Type Multi-Family
Listing Status Accepting Backup Offers
Purchase Type For Sale
MLS Listing ID 69025045667
Bedrooms 3
Year Built 1918
Annual Tax Amount $699
Lot Size 7,840 Sqft
Property Description
This fully remodeled 3-unit property in the City of Niles is turnkey and ready for its next owner. It offers two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, all updated with new electric, new windows, plumbing, and HVAC plus a 2-zone system for efficiency. The front porch is newly rebuilt to enjoy throughout the year. Features include two water heaters, coin-operated laundry in the basement for added income, and a third floor blank canvas for expansion, storage, or office space. With projected monthly income of $3,800-$4,400 and the flexibility of being vacant, the new owner can create their own rental model from the start. Located near downtown shops, dining, and community attractions, this is a prime opportunity for investors seeking cash flow in a growing market.
Location
State MI
County Berrien
Area Niles
Interior
Heating Forced Air
Cooling Central Air
Laundry 1
Exterior
Garage Spaces 6.0
Roof Type Composition
Building
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Wood
Schools
School District Niles
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional