328 S Warren Avenue 328 S Warren Avenue Big Rapids, Michigan 49307 United States
$324,900
Get directions
INVESTMENT OPPORTUNITY!! Buy this 4-unit for a great addition to your portfolio, or move into one of the units and collect rent from 3 other units with an FHA / VA loan! This property boasts $4,180 /mo. in gross rents at a 10.2% Cap rate. See...
- .3 Acres
- Exterior
- Single Family Home
- Property type
- 1950
- Year Built
- 25002918
- Web Id
- 25002918
- MLS ID
- 15
- days ago
About 328 S Warren Avenue
INVESTMENT OPPORTUNITY!! Buy this 4-unit for a great addition to your portfolio, or move into one of the units and collect rent from 3 other units with an FHA / VA loan! This property boasts $4,180 /mo. in gross rents at a 10.2% Cap rate. See attached pro forma. All leases are month-to-month. Tenants pay ALL utilities & all units are separately metered. Professionally managed. This property features a charming old house duplex on the same lot with a newer, traditional side-by-side duplex. All units have their own laundry. Great tenants, very low-maintenance. All tenants are on M2M leases. One tenant is currently in the process of moving out, so it could be vacant at close for an owner-occupied buyer, or we could place a new tenant for you if you are an investor! Schedule your tour today!
Listing Courtesy of Clear Realty Group, MICHRIC MLS
02/04/20 19:45:19
Listing Courtesy of Clear Realty Group, MICHRIC MLS
02/04/20 19:45:19
PROPERTY INFORMATION
- Basement
- Full, Slab
- Cooling
- Wall Unit(s)
- Heating
- Forced Air
- Parking Description
- Driveway, Gravel
- Sewer
- Public Sewer
EXTERIOR
- Construction
- Vinyl Siding, Wood Siding
ADDITIONAL INFORMATION
- Number of Units
- 4
Listing Courtesy of Clear Realty Group