$ 590,000
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$590,000
Price -
0
Bed -
0
Bath -
0
SqFt
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About the Listing 74370 - MR8449,MR75545
Exceptional income-producing opportunity in the heart of New Buffalo! This triplex features three units, each with private entrances and individual electric and water services, allowing for efficient management and tenant-paid utilities. All units are currently leased month-to-month, providing immediate income with the ability to adjust rents or reposition. The first unit lives like a single-family home with three bedrooms, 1.5 baths, a four-season room, private backyard, and side circle parking. Unit two includes one bedroom, one bath, updated electrical, and an unfinished basement with a second full bath and potential for additional living space. The third unit offers ravine views, one bedroom and one bath on the main level, plus a finished lower level with bedroom, bath, and separate entrance. Current rents are below market, presenting a clear value-add opportunity to increase income and improve overall return. Located minutes from beach, and all downtown amenities.
Listing Highlights
Status
Active
Days on Site
5
Property Type
Multi-Family
MLS ®
70528101
Year Built
1955
Total Square Footage
0
Lot/Acreage
0.14
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: MI Basement
- Other:
- Water:
Exterior Details
- Lot Description: Ravine
- Garage Capacity: N/A
- Lot Dimensions: 87 x 132
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $5,142
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
121 E Michigan New Buffalo, MI 49117
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