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70 N Lester Avenue, White Cloud City, MI 49349
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$2,620,000
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Home Details for 70 N Lester Avenue
Price
$2,620,000
Type
Multi Family
Bedrooms
10
Year Build
1980
Lot Size
3.12
County
Newaygo
Tax
$27,425.33
MLS®️ Listing#
65024054434
On exitrealty.com
323 days
Property Description
32 unit apartment building in a growing submarket, with an attractive unit mix. There is coin-operated laundry and storage units, in each building. The electrical and gas are individually metered. Rents are below market. Value add opportunity to increase rents to market as leases expire. This could be a great opportunity for your next cost segregation study or 1031 exchange. Many capital improvements have been completed, some renovations completed are: common area updates, roof and gutters, exterior doors, appliances, unit renovations, parking lot repairs and much more.
- Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Sewer Available
- Heating Information
- Hot Water
- Natural Gas
- Cooling Information
- Wall Unit(s)
- Water Features
- Public
- Parking
- Garage
Listing Courtesy: MOXIE Real Estate + Development - 616-890-7794

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$2,620,000
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EXIT AHEAD REALTY
1542 N. Leroy, Suite 2A, Fenton, MI 48430