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35 S 3RD Street,  Niles MI, 49120

Sold Price:
$32,000
Date:09/30/2016
1,870 sqft
Status: Closed
MLS#: 16035504
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Last Updated: 12/7/2016 6:11 PM
Description for 35 S 3RD Street Niles, MI 49120
This 4 unit rental property has a great cash flow and is fully occupied 100% of the time for the past 24 months. Close to downtown Niles stores and festivals. This is a great opportunity for all investors. New furnace & water heater. 3 units have new refrigerators. Currently produces a net rate return of 30% at current list price. Tenants are on month to month leases. Two of the apartments have 2 bedrooms, Two units have 1 bedroom.
Price
Sold Price:
$32,000
Sold Date:09/30/2016
Niles City
Berrien
1,870 (approx)
16035504
Closed
Listing Information
Theatre
Property Type: Multi-Family, Other
0.17 Acres 1,870 (approx) $21.39
1940
Niles City
Public Water Service
No Sewer, Public Sewer, Storm Sewer
Cable TV, Electric, Natural Gas, Telephone
Neighborhood
School Information
District: Niles
Room Information
Interior Features
Gas Heat, Forced Air
Basement, Partial
Exterior / Lot Features
4 Parking Spaces,
61 x 118
Level
Paved Road, Level
Driving Directions
South of Grant on 3rd St. on East side of Street
Financial Considerations
117327000044008
$1,893
2015
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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Courtesy: Cressy & Everett Real Estate Robin Sharpe
The properties on this web site come in part from the Broker Reciprocity Program of Member MLS's of the Michigan Regional Information Center LLC. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2016 Michigan Regional Information Center, LLC. All rights reserved.
Information is deemed reliable but is not guaranteed.

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