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$2,720,000
4
beds

70 N Lester Avenue
White Cloud, Michigan 49349

New / MLS #65024054434 / Multiple Unit (2-4) / White Cloud
Listing information updated 10/16/2024 at 6:05am
32 unit apartment building in a growing submarket, with an attractive unit mix. There is coin-operated laundry and storage units, in each building. The electrical and gas are individually metered. Rents are below market. Value add opportunity to increase rents to market as leases expire This could be a great opportunity for your next cost segregation study or 1031 exchange. Many capital improvements have been completed, some renovations completed are: common area updates, roof and gutters, exterior doors, appliances, unit renovations, parking lot repairs and much more.
Beds Above Grade:
4
Heating System:
Hot Water, Natural Gas
Pool:
No
Age:
44 Years
Roof Type:
Composition,Metal
Parking Type:
Garages
Water Front:
No
Square Feet:
N/A
Lot Size:
3.12 acres
Acreage:
3.12
Tax Amount:
$27,425
Tax Year:
N/A
Zip Code:
49349
City:
White Cloud
County:
Newaygo
School District(s):
White Cloud
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: MOXIE Real Estate + Development

Listing Office Phone: 616.890.7794

Disclaimer: IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, © 2024 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

$188,780
Average Sale Price
34
Average Days On The Market
93%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 70 N Lester Avenue, White Cloud, MI 49349

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70 N Lester Avenue is a multiple unit (2-4) currently listed at $2,720,000. 70 N Lester Avenue features 4 Beds, 0 Baths. This multiple unit (2-4) has been listed on @properties REMI since October 15th, 2024 and was built in 1980.