Rare Quadplex Investment Opportunity – Fully Rented & Ideally Located!Excellent opportunity to own a fully rented 4-unit multifamily property in a high-demand area. This well-maintained community includes two 1-bedroom/1-bath units and two 2-bedroom/1-bath units—all ranch-style homes with smart, efficient layouts. Each unit is on a month-to-month lease, offering flexibility for future rent adjustments or redevelopment. Tenants enjoy private carports, a shared laundry facility, and spacious yards that back to a peaceful creek—a unique and appealing setting. The current owner has been top-notch with ongoing maintenance, ensuring the homes remain clean, functional, and easy to rent. Two tenants are long-term, and thanks to the location and overall condition, rental demand remains strong. Current rents are below market due to long-standing tenant relationships, presenting immediate upside potential for a new owner. Zoned multifamily with the township, the property offers expansion potential, such as adding additional units, increasing density, or reconfiguring existing structures for higher-value use (subject to township approval). With all ranch-style homes and utilities already in place, future development is more accessible and cost-effective. This is a turn-key investment with built-in value-add potential—perfect for both seasoned investors and those looking to grow their portfolio with a reliable, income-producing asset. *Please Do Not Walk this Property Without Showing Confirmation*
For sale
$699,990
57035 Bonne Terre, New Hudson, MI 48165
6beds
2,072sqft
Est.:
Multi Family
Built in 1965
-- sqft lot
$677,800 Zestimate®
$338/sqft
$-- HOA
What's special
- 113 days |
- 499 |
- 22 |
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