Amazing income-generating property, featuring three units, each with its own private entrance. This versatile property is perfect for investors or homeowners looking to offset their mortgage by renting out the additional units. The spacious main-floor unit boasts two generously sized bedrooms, a full bathroom, a kitchen, a dining room, and a comfortable living room. Additional features include a garage/storage space and a charming front porch, perfect for relaxing. Upstairs, the second-floor unit offers two bedrooms, a full bathroom, and a combined living/dining area. Step out onto the private balcony and take in views of the expansive yard below. The back unit, offering two bedrooms, a full bathroom, and a kitchen/dining area, provides even more rental potential. All three units are currently leased, generating immediate income. Rent rates are $750, $650, and $450 per month. Outside, you'll enjoy a large, well-maintained yard with plenty of parking for tenants and guests. This property is ideally located in the heart of Coldwater, combining convenience with investment potential. Whether you're looking to live in one unit and have the others cover your mortgage, or seeking a solid investment opportunity, this property is not to be missed. Call today to schedule your private showing and seize this fantastic opportunity!
MLS# | 24047340 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Year | 1940 |
Days On Site | 34 |
Listing Provided By | Michigan Top Producers | Grace Roberts Elevate Team |
Basement | Y |
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Units | 3 |
Building(s) | 1 |
Acreage | 0.38 |
State | MI |
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County | Branch |
City | Coldwater |
Zip Code | 49036 |
Area | Branch County R |
Subarea | R |
School District | Coldwater |
Listing VS Median (in 49036) | |
Price: $210,000 low | high Med: $241,900 On Site: 34 low | high Med: 82.500000 |