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.
Pending
$2,620,000
70 N Lester St, White Cloud, MI 49349
10beds
4baths
3,270sqft
Est.:
5+ Units
Built in 1980
-- sqft lot
$-- Zestimate®
$801/sqft
$-- HOA
What's special
Parking lot repairsExterior doorsRoof and guttersUnit renovations
- 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#: 24054434

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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