$ 699,990
-
$699,990
Price -
0
Bed -
4
Bath -
2,072
SqFt
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About the Listing 102400 - 628546
Rare Quadplex Investment Opportunity – Fully Rented & Ideally Located!Excellent opportunity to own a fully rented 4-unit multifamily property in a high-demand area. This well-maintained community includes two 1-bedroom/1-bath units and two 2-bedroom/1-bath units - all ranch-style homes with smart, efficient layouts. Each unit is on a month-to-month lease, offering flexibility for future rent adjustments or redevelopment. Tenants enjoy private carports, a shared laundry facility, and spacious yards that back to a peaceful creek - a unique and appealing setting. The current owner has been top-notch with ongoing maintenance, ensuring the homes remain clean, functional, and easy to rent. Two tenants are long-term, and thanks to the location and overall condition, rental demand remains strong. Current rents are below market due to long-standing tenant relationships, presenting immediate upside potential for a new owner. Zoned multifamily with the township, the property offers expansion potential, such as adding additional units, increasing density, or reconfiguring existing structures for higher-value use (subject to township approval). With all ranch-style homes and utilities already in place, future development is more accessible and cost-effective. This is a turn-key investment with built-in value-add potential - perfect for both seasoned investors and those looking to grow their portfolio with a reliable, income-producing asset. *Please Do Not Walk this Property Without Showing Confirmation*
Listing Highlights
Status
Active
Days on Site
188
Property Type
Multi-Family
MLS ®
60403292
Year Built
1965
Total Square Footage
2,072
Lot/Acreage
0.72
Interior Details
- Bedrooms: 0
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2072
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Private Well
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 106 x 244 x 170 x 234
- Zoning: Multi-Family
- Roof:
- Others:
- Sewer: Septic
Financial Details
- Tax Amount: $3,401
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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Questions About..
57035 Bonne Terre New Hudson, MI 48165
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