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Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,325 sqft
Price per Sqft $108
Subdivision Mi
MLS Listing ID 70492316
Sold Date 11/06/25
Year Built 1918
Annual Tax Amount $699
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 66x118
Property Sub-Type Multi-Family
Property Description
This fully remodeled 3-unit property in the City of Niles is turnkey and ready for its next owner. It offers two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, all updated with new electric, new windows, plumbing, and HVAC plus a 2-zone system for efficiency. The front porch is newly rebuilt to enjoy throughout the year. Features include two water heaters, coin-operated laundry in the basement for added income, and a third floor blank canvas for expansion, storage, or office space. With projected monthly income of $3,800-$4,400 and the flexibility of being vacant, the new owner can create their own rental model from the start. Located near downtown shops, dining, and community attractions, this is a prime opportunity for investors seeking cash flow in a growing market.
Location
State MI
County Berrien
Area Niles (11039)
Interior
Heating Forced Air
Exterior
Exterior Feature Wood
Building
Lot Description Sidewalks
Foundation Basement
Structure Type Wood
Schools
School District Niles Community School Distr
Others
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Christopher Parker
Broker Associate | License ID: 164141; 6506049280
Broker Associate License ID: 164141; 6506049280