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70 N Lester Avenue, White Cloud, 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
Year Build
1980
Sq. Ft.
135817
Lot Size
3.12
County
Newaygo
Basement
Slab
Tax
$27,425.33
MLS®️ Listing#
24054434
On exitrealty.com
322 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
- Natural Gas Available
- Natural Gas Connected
- Electricity Connected
- Sewer Available
- Water Available
- Heating Information
- Natural Gas
- Hot Water
- Cooling Information
- Wall Unit(s)
- Water Features
- Public
- Basement
- Slab
Listing Courtesy: MOXIE Real Estate + Development - 616-890-7794. Presented by: Shawn Jacobs

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Market statistics compiled from data from Southwest Michigan Regional Information Center.
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$2,620,000
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