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About This Home

This 6-bedroom, 0-bathroom residential multi family at 117 S Warren Avenue in Big Rapids, MI is listed for $264,900. Built in 1900, on a 0.17 acres lot.

Agent Description

Investors take notice! This 3 unit apartment building/investment property has been a cash cow for many years, has the perfect space for a 4th unit to be fitted out (contingent on city approval for a 4th unit) , and a location that can hardly be beat..a couple blocks away from Ferris State University...literally in the heart of downtown.

With its big backyard, plenty of parking, an attached 2+ car garage, and an unbeatable location, you are sure to appreciate the opportunity this iconic downtown fixture has to offer you. Call for more information! Current rent is $1000 for upstairs, $700 south unit, $750 north unit, all on a month to month. These rents reflect the long term owner relationship with the renter, and are less than the market rates.

Key Features

  • Built in 1900
  • 0.17 acre lot
  • 1 parking spaces

Property Details

3 full
1 space
1900

Monthly Cost Estimate

$1,417/mo

20% down · 6.5% · 30 years

Principal$192
Interest$1,148
Insurance$77

Estimates only. Actual payments may vary.

Location

117 S Warren Avenue

Big Rapids, MI 49307

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 6-bedroom, 0-bathroom residential multi family at 117 S Warren Avenue is listed at $264,900. The estimated monthly payment is $1,148 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.17 acre lot, 1 parking spaces.

This property is listed by Joseph McNally and can be reached at 6163073026 or joemcnallyhomes@gmail.com.

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JM

Joseph McNally

Agent at RE/MAX TOGETHER

(616) 307-3026

Listed by RE/MAX TOGETHER

MLS# 25002888· Source: listhub· Updated 441 days ago

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117 S Warren Avenue, Big Rapids, MI 49307

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