Side circle parkingPrivate backyardUpdated electricalFour-season roomThree bedroomsRavine views
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.
80 days
|
869
|
47
|
Zillow last checked:
Listing updated:
Listed by:
James Garrison269-612-7013,
Keller Williams Realty SWM269-469-2911,
Katie Kupsik-Garrison219-895-6091,
Keller Williams Realty SWM
Source: MichRIC,MLS#: 26018412
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 6
Heating
Forced Air
Cooling
Window Unit(s)
Features
Basement: Full,Michigan Basement,Partial
Interior area
Total interior livable area: 2,588 sqft
Property
Parking
Total spaces: 6
Lot
Size: 6,098 Square Feet
Dimensions: 87 x 132
Features: Ravine, Level
Details
Parcel number: 116267500137006
Construction
Type & style
Home type: MultiFamily
Property subtype: 2 to 4 Units
Materials
Wood Siding
Roof: Composition
Condition
New construction: No
Year built: 1955
Utilities & green energy
Sewer: Public Sewer
Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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