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POWERED BY PURLIN.AI

602 N Church St

hastings, MI 49058

US$499,000

  • Contract signed

Interested? Let's Connect

*Rare investment opportunity* Well-maintained 4-unit apartment building in Hastings offered for the first time. Each unit has 2 bedrooms and 1 bath and is fully leased with a strong rental history. Current rents are $990 (2 units) and $1,050 (2 units) with upside potential as rents are currently below market rental rates. Landlord pays water and gas. Property features coin laundry in common area, locked tenant storage, private slider door out to a patio or deck and a covered walkway with automatic garage door access for parking. Major components including roof, boiler, and mechanicals have been well maintained. Two long-term tenants (5 and 15 years) are month-to-month, with two units on annual leases. Solid investment opportunity with stable income and room for future rent growth. Call a local trusted Realtor today for operating information or to schedule a tour.

Details

0.33 Private Acres Lot Size

investment

US$5,400 Annual Tax

Built in 1990

MLS/Listing ID 65026009424

4 Units

Amenities & Features

Parking - Asphalt

Parking - Garage

Composition

Construction - Vinyl Siding

Cooling - Window Units

Slab

Heating - Radiant

Heating - Natural Gas

Heating - Baseboard

Storage

Upper Level

Parking - Paved

Lot - Corner Lot

Common Area

Interested In 602 N Church St?