Exceptional Investment Opportunity in Downtown Niles, MI! This multi-family gem, located in the vibrant heart of downtown, offers a unique blend of character and financial promise. With all four units under solid 1-year leases, investors can enjoy immediate and reliable returns. The property generates an impressive gross profit of $3,400 per month, showcasing its lucrative potential. Recently upgraded with a new roof in 2023, this investment promises low maintenance costs and long-term value. Each unit has their own gas meter, furnace and water heater. Seize the chance to be part of the thriving real estate scene in Niles—secure your stake in this profitable, well-maintained 4-unit property today! *Each unit has 1 bedroom & 1 bathroom*
Sold
Zillow last checked:
Listing updated:
Bought with:
Micah D Lynch, 6501451724
Grand Rapids Realty & Investments LLC
Source: MichRIC,MLS#: 24005920
Price history
| Date | Event | Price |
|---|---|---|
| 5/3/2024 | Sold | $237,000-0.8%$90/sqft |
Source:  MichRIC #24005920 Report a problem | ||
| 3/11/2024 | Contingent | $239,000$90/sqft |
Source: MichRIC #24005920 Report a problem | ||
| 2/4/2024 | Listed for sale | $239,000+21.3%$90/sqft |
Source: MichRIC #24005920 Report a problem | ||
| 7/19/2022 | Sold | $197,000-1.5%$74/sqft |
Source: Public Record Report a problem | ||
| 5/23/2022 | Contingent | $199,900$75/sqft |
Source: MichRIC #21118130 Report a problem | ||
| 5/17/2022 | Listed for sale | $199,900$75/sqft |
Source: MichRIC #21118130 Report a problem | ||
| 5/13/2022 | Contingent | $199,900$75/sqft |
Source: MichRIC #21118130 Report a problem | ||
| 2/21/2022 | Listed for sale | $199,900+5.3%$75/sqft |
Source: MichRIC #21118130 Report a problem | ||
| 2/5/2022 | Contingent | $189,900$72/sqft |
Source: MichRIC #21118130 Report a problem | ||
| 12/17/2021 | Listed for sale | $189,900$72/sqft |
Source: MichRIC #21118130 Report a problem | ||
| 12/16/2021 | Contingent | $189,900$72/sqft |
Source: MichRIC #21118130 Report a problem | ||
| 12/13/2021 | Listed for sale | $189,900$72/sqft |
Source: MichRIC #21118130 Report a problem | ||
| 10/20/2021 | Listing removed | -- |
Source: MichRIC #21013136 Report a problem | ||
| 7/15/2021 | Price change | $189,900-2.6%$72/sqft |
Source: MichRIC #21013136 Report a problem | ||
| 6/8/2021 | Price change | $194,900-2.1%$74/sqft |
Source: MichRIC #21013136 Report a problem | ||
| 4/20/2021 | Listed for sale | $199,000+60.5%$75/sqft |
Source: MichRIC #21013136 Report a problem | ||
| 9/28/2020 | Listing removed | $124,000$47/sqft |
Source: Bon Realty #19057035 Report a problem | ||
| 6/10/2020 | Price change | $124,000-3.9%$47/sqft |
Source: Bon Realty #19057035 Report a problem | ||
| 12/5/2019 | Listed for sale | $129,000+932%$49/sqft |
Source: Bon Realty, Inc. #19057035 Report a problem | ||
| 6/2/2010 | Sold | $12,500-82.1%$5/sqft |
Source: Public Record Report a problem | ||
| 7/6/2009 | Sold | $70,000$26/sqft |
Source: Public Record Report a problem | ||
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Estimated market value
$272,000
