47 S 3rd Street, Niles, MI 49120 - MLS#69025045667

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Jason Miller

jason@millerteamrealtors.com +1(248) 444-8774

$385,000

Est. payment - /mo

3 Beds

7,840 Sqft Lot

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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

Acres 0.18

Lot Dimensions 66x118

Source Southwestern Michigan Association of REALTORS®

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

Direction Broadway south on Third Street. House on east side of the street.

Interior

Interior Features Laundry Facility

Heating Forced Air

Cooling Central Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 6.0

Roof Type Composition

Road Frontage Pub. Sidewalk

Garage no

Private Pool No

Building

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Wood

Schools

School District Niles

Others

Pets Allowed Yes

Tax ID 117327000042005

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Listed by Catherine Waggoner of CK Home Group

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Jason Miller

+1(248) 444-8774

Broker | Brerms:277398

Broker Brerms:277398

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47 S 3rd Street Niles, MI 49120

Jason Miller

Key Details

Location

Interior

Exterior

Building

Schools

Others

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