835 N Littlefield Road, Weidman, MI 48893

$250,000
3
BA

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List Price
$250,000
Days on Market
2
MLS#
20261072606
Status
ACTIVE
Type
Multifamily
Bathrooms
3

Property Description

Investor opportunity! Income-producing multi-unit featuring immediate cash flow, multiple income streams, and massive value-add potential. Perfect fit for portfolio expansion or an owner-operator looking for house-hacking upside.CURRENT RENTAL ROLL ($2,100/mo Total):• Unit 1- 2Bed / 1 Bath: $700/mo• Unit 2- 2 Bed / 1 Bath: $700/mo• Unit 3-2 Bed / 1 Bath: $700/moVALUE-ADD POTENTIAL:Strong market upside with potential gross rental income of $2,700 - $3,000/month ($32,400 - $36,000/year). Bring rents to market rates through simple turnover or light cosmetic updates to capture an immediate 28% to 42% revenue increase. Multi-family properties with this level of embedded equity and income growth do not last long.

Additional Information

Taxes
$3,400
Acres
0.62
Heating
Forced Air
School District
Beal City
Water
Well

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Scott Fader from Listing Office: Joseph Walter Realty, LLC.

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