25
See all 25 photos
$250,000
Est. payment /mo
3 Baths
2,172 SqFt
New
835 N Littlefield Road Weidman, MI 48893 7733
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,172 sqft
Price per Sqft $115
Subdivision Mi
MLS Listing ID 61028521
Style 1 1/2 Story
Full Baths 3
Year Built 1973
Annual Tax Amount $3,400
Lot Size 0.620 Acres
Acres 0.62
Lot Dimensions 98x231x102x230
Property Sub-Type Multi-Family
Property Description
Investor opportunity! Income-producing multi-unit featuring immediate cash flow, multiple income streams, and massive value-add potential. Perfect fit for portfolio expansion or an owner-operator looking for house-hacking upside. CURRENT RENTAL ROLL ($2,100/mo Total): * Unit 1- 2Bed / 1 Bath: $700/mo * Unit 2- 2 Bed / 1 Bath: $700/mo * Unit 3-2 Bed / 1 Bath: $700/mo VALUE-ADD POTENTIAL: Strong market upside with potential gross rental income of $2,700 - $3,000/month ($32,400 - $36,000/year). Bring rents to market rates through simple turnover or light cosmetic updates to capture an immediate 28% to 42% revenue increase. Multi-family properties with this level of embedded equity and income growth do not last long.
Location
State MI
County Isabella
Area Nottawa Twp (37011)
Zoning Multi-Family
Rooms
Basement Poured, Finished
Interior
Heating Electric Heat, Forced Air
Fireplace No
Exterior
Exterior Feature Brick, Vinyl Siding
Building
Story 1 1/2 Story
Foundation Basement
Water Private Well
Structure Type Brick,Vinyl Siding
Schools
School District Beal City School
Others
Ownership Private
Energy Description Electric
Financing Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Joseph Walter Realty, LLC
Nearby Locations
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