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Pending
  • $2,620,000

    70 N Lester St, White Cloud, MI 49349

    10beds
    4baths
    3,270sqft
    : 
    5+ Units
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $801/sqft
    $-- HOA

    What's special

    Parking lot repairsExterior doorsRoof and guttersUnit renovations
    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.
    70 days
    on Zillow
    |
    272
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 06, 2025 at 07:36am

    Listed by:

    Shawn Jacobs 989-980-7359,

    MOXIE Real Estate + Development 616-890-7794

    Source: MichRIC,MLS#: 24054434MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    Heating
    • Hot Water
    Cooling
    • Wall Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Basement: Slab
    • Number of fireplaces: 2
    Interior area
    • Total interior livable area: 3,270 sqft

    Property

    Parking
    • Total spaces: 40
    Lot
    • Size: 3.12 Acres
    • Dimensions: 327 x 399
    Details
    • Parcel number: 1132300039
    • Zoning description: 201 Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Units
    Materials
    • Vinyl Siding, Wood Siding
    • Roof: Composition,Metal
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Natural Gas Connected, Electricity Connected

    Community & HOA

    Location
    • Region: White Cloud

    Financial & listing details

    • Price per square foot: $801/sqft
    • Tax assessed value: $300,293
    • Annual tax amount: $27,425
    • Date on market: 6/3/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes
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