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.Whether you're ready to dive into a full rehab or seeking a rewarding project, this house is your blank canvas. Close to local schools, parks, and shopping, the location adds to its future value. Don't miss the chance to bring your vision to life! There is a small building at the River that needs to be torn down per the City.
Sold for $44,000 on 10/16/24
$44,000
Newaygo, MI 49337
4beds
2baths
--sqft
Multi Family
Built in 1960
-- sqft lot
$46,500 Zestimate®
$--/sqft
$1,085 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 18, 2024 at 09:48am
Listed by:
Sandi L Gentry 616-638-3900,
RE/MAX Lakeshore
Bought with:
Susan Gray, 6501228114
Five Star Real Estate (Grandv)
Source: Realcomp II,MLS#: 71024052227
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Has basement: Yes
Property
Parking
- Total spaces: 2
Lot
- Size: 7,022 sqft
- Dimensions: 53 x 132 x 52 x 133
Details
- Parcel number: 1919105010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
- Foundation: Michigan Basement
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Newaygo
Other
Other facts
- Listing terms: Cash,Conventional