47 S 3rd Street Save Request In-Person Tour Request Virtual Tour
Niles,MI 49120
Key Details
Property Type Multi-Family
Listing Status Accepting Backup Offers
Purchase Type For Sale
MLS Listing ID 69025045667
Bedrooms 3
Year Built 1918
Annual Tax Amount $699
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 66x118
Source Southwestern Michigan Association of REALTORS®
Property Description
This fully remodeled 3-unit property in the City of Niles is turnkey and ready for its next owner. It offers two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, all updated with new electric, new windows, plumbing, and HVAC plus a 2-zone system for efficiency. The front porch is newly rebuilt to enjoy throughout the year. Features include two water heaters, coin-operated laundry in the basement for added income, and a third floor blank canvas for expansion, storage, or office space. With projected monthly income of $3,800-$4,400 and the flexibility of being vacant, the new owner can create their own rental model from the start. Located near downtown shops, dining, and community attractions, this is a prime opportunity for investors seeking cash flow in a growing market.
Location
State MI
County Berrien
Area Niles
Direction Broadway south on Third Street. House on east side of the street.
Interior
Interior Features Laundry Facility
Heating Forced Air
Cooling Central Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 6.0
Roof Type Composition
Road Frontage Pub. Sidewalk
Garage no
Private Pool No
Building
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Wood
Schools
School District Niles
Others
Pets Allowed Yes
Tax ID 117327000042005
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional