Last Updated: 1/20/2017 9:13 AM
Description for 22 N 4th Street Niles, MI 49120
1 block off Niles downtown business district across the street from Hardings Grocery Store. Currently used as a 5 unit rental, great location for small business' or office's. Very possible for units to be opened up so that the building can be used as a 1 unit or up to a 5 unit. Currently there are 2 rental units available, units 24 & 320, and each rents for $600. With all units rented, at the current rental rate the annual rent would be over $28,000. There are 2 gas furnaces with central air that provide the heat and air for all units, and 2 hot water heaters. There is a large upstairs attic with unit 22. A great retirement investment. Possible, Short Term, Lease With Option To Purchase Terms Available With A Minimum Of $20,000 Down.
Cable TV, Electric, Natural Gas, Telephone
Gas Heat, Forced Air
Exterior / Lot Features
110' x 66'
Paved Road, Public Roads, Acreage
Main Street to S. on 4th to address at SW corner of 4th & Cedar Street.
Listing Price History
Niles Real Estate
Niles is located in Michigan. Niles, Michigan 49120 has a population of 11,594.
The median household income in Niles, Michigan 49120 is $31,264. The median household income for the surrounding county is $43,471 compared to the national median of $53,046. The median age of people living in Niles 49120 is 33.2 years.
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