$450,000
FOR SALE4195 N Weber Road, Whitehall, MI 49461
Whitehall, Mi, 49461
MLS #25002289
Subdivision: -
Building: -
- Beds
-/- Baths
- sqft
$ - /sqft
This rare opportunity for 6 good rental units under one much-improved 1970s building, is one to jump on! With 3 two bed units, and 3 one bed units, roof and siding new in 2020, all new exterior decking, stairs and sliders added by the current owner, the exterior is in great shape. Current owner has remodeled and updated 4 out of 6 units and brought rents up in all units. Two 2-bed units with longstanding tenants remain to be remodeled to maximize the potential of this great investment opportunity and bring up those rents to market value and a potential for a 9 % cap rate. Unit 6 has a small bonus room, that could be an office. 7th unit could be created from storage area. New drain field was put in Dec 2024. Coin-operated shared laundry brings in extra income.
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Listing Courtesy of: Greenridge Realty EGR