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About the Listing 108531 - 579980
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.
Listing Highlights for 47 S 3rd
Status
Active
Days on Site
9
Property Type
Multi-Family
MLS ®
70492316
Year Built
1918
Total Square Footage
3,325
Lot/Acreage
0.18
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3325
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Sidewalks
- Garage Capacity: N/A
- Lot Dimensions: 66x118
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $699
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
47 S 3rd Niles, MI 49120
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