$335,000
$15K PRICE DROP

10 N 4th St Niles, MI 49120

Estimated payment $2,440/month

Total Views 30,695
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1 Fireplace
  • High Speed Internet
  • 5-minute walk to Orchard Park
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

Turn Key, 100% Occupied Brick 5 unit in Downtown Niles. This building feature 5-1 Bed 1 Bath units. Average rent of $909 per month including utility fees. This property cash flows nicely bringing in Net income of over $24,000 in the past 12 months. Property Management company is ready and willing to stay in place if needed.Tons of improvements have been made to the property in the past 3 years including new stair ways/decking in the rear of the building. 2 Gas Forced Air Furnaces provide Heat(each only 2 years old) and 1 Condenser provides cooling.

Listing Agent

John Tiffany

P & S File Land Company, LLC License #6501352107

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1945

Lot Details

  • 4,025 Sq Ft Lot
  • Lot Dimensions are 61x66
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $3,702
  • Maintenance Expense $4,205
  • Manager Expense $2,795
  • Utility Expense $9,600
  • Operating Expense $26,928
  • Gross Income $51,540
  • Net Operating Income $24,614

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,000

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Broadband
  • Fireplaces: 1
  • Basement: Full
  • Basement: No

Exterior Features

  • Construction Materials: Brick
  • List Price: 335000.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Lower Level
  • Utilities: Phone Available, Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 61x66
  • Lot Size Sq Ft: 4025.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Gross Income: 51540.0
  • Insurance Expense: 3702.0
  • Maintenance Expense: 4205.0
  • Manager Expense: 2795.4
  • Net Operating Income: 24614.49
  • Number of Units Total: 5
  • Operating Expense: 26927.51

Tax Info

  • Tax Annual Amount: 7000.0
  • Tax Year: 9999

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Price Changed $335,000 -4.3% --
04/03/2025 04/03/25 For Sale $350,000 +29.6% --
10/21/2022 10/21/22 Sold $270,000 -15.6% --
06/29/2022 06/29/22 For Sale $319,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25013322

Southwestern Michigan Association of REALTORS®

Michigan Berrien County Niles 49120

10 N 4th St, Niles, MI

Homes for Sale in Niles, MI

This home is located at 10 N 4th St, Niles, MI 49120 and is currently priced at $335,000. This property was built in 1945. 10 N 4th St is a home located in Berrien County with nearby schools including Ballard Elementary School, Oak Manor Sixth Grade Center, and Ring Lardner Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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Listing Agent
John Tiffany
Section Image
P & S File Land Company, LLC
(269) 293-3503