$125,000
PENDING

Estimated payment $740/month

Total Views 2,179
6 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

This legal 2-flat is situated on an extra-wide lot and offers strong potential for value-add investors or owner-occupants. The building features 3 electrical meters, 2 gas meters, and an unfinished basement ready for future expansion or storage. Both units offer 3 bedrooms and 1 bath, and both are occupied. A great setup to live in one unit and rent out the other. The property is being sold AS-IS, cash or renovation convention-style loans are preferred. Seller will not make any repairs and will not LIKELY pass FHA inspection or conventional loan. The Seller cannot guarantee that units will be vacant at closing. Tenant pays month to month, unit 1 pays 800 USD per month and unit 2 pays 375 USD per month. Don't miss your chance to add sweat equity in a solid brick building with long-term income potential!

Listing Agent

Ben Lalez

Compass License #475124644 Listed on: 04/16/2025

Compass

Co-Listing Agent

Mark Buckner

Compass License #475154865

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $910

Parking

  • 2 Parking Spaces

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 30 x 128

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full, Walk-Out Access
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Frame
  • List Price: 125000
  • Waterfront: No

Garage/Parking

  • Parking Features: None, On Site, Other
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30 X 128
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 910.19
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

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
05/05/2025 05/05/25 Pending -- -- --
04/23/2025 04/23/25 Off Market $125,000 -- --
04/18/2025 04/18/25 For Sale $125,000 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12340512

Midwest Real Estate Data (MRED)