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Additional details

Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 60,000

Est. payment -/mo

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Pending

95 E Water Street Newaygo, MI 49337

2 Beds

0.25 Acres Lot

UPDATED:

10/10/2024 08:34 PM

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 71024052188

Bedrooms 2

Originating Board West Michigan Lakeshore Association of REALTORS�

Year Built 1960

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 83x132

Property Description

This duplex is a fantastic opportunity for investors looking to implement the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat). Featuring split utilities, each unit operates independently, separate gas and electric meters making it perfect for generating rental income. With good bones, this property has great potential but needs work to reach its full value.For those interested in flexible financing, the seller is open to a land contract with $25,000 down, 10% interest, and $350 per month payments.

Location

State MI

County Newaygo

Area Newaygo

Direction US-31 N, M-120 N, W 80th St and M-82 E to E Water St in Newaygo turn left at the 1st cross street onto E Water St

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Pool No

Waterfront no

Garage no

Building

Foundation Michigan Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Other

Schools

School District Newaygo

Others

Pets Allowed Yes

Tax ID 1919105011

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Listed by RE/MAX Lakeshore

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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