118 W Chicago Road, Allen, MI 49227

$249,900
1
BA

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List Price
$249,900
Days on Market
1
MLS#
26038619
Status
ACTIVE
Type
Multifamily
Bathrooms
1

Property Description

Excellent investment opportunity between Jonesville & Coldwater on US-12 ! This well-maintained four-unit apartment building features three apartments on the main level and one spacious apartment upstairs, offering outstanding income-producing potential. Apartment A has been beautifully renovated '26, while the additional apartments feature comfortable living spaces with unique character and strong rental appeal. Attached garage/storage building. This property presents an exceptional opportunity for investors seeking immediate rental income and long-term appreciation. Seller currently occupies one main-level apartment and will lease it back after closing for $650 per month, with lease-back terms to be negotiated as part of the purchase agreement. Do not view without an appointment with agent.

Additional Information

Owner Pays
Electricity, Gas, Trash Collection
Taxes
$1,134
Acres
0.25
Basement
Michigan Basement, Partial
Heating
Forced Air
Roofing
Composition
School District
Quincy
Sewer
Septic Tank
Tenant Pays
None
Total Parking Spaces
6
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected, Electricity Available
Water
Well

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Mary Playford from Listing Office: Playford Real Estate.

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