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Off market
  • $275,300

    109 S 2nd St, Cedar Springs, MI 49319

    --beds
    0baths
    2,165sqft
    MultiFamily
    Built in 1950
    -- sqft lot
    $275,300 Zestimate®
    $127/sqft
    $1,457 Estimated rent

    Owner options

    List your home for rent

    $1,457/mo

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    $1,457/mo

    Rent Zestimate®

    Refinance and save

    $1,667/mo

    Est. payment

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    $1,667/mo

    Est. payment

    What's special

    Great investment opportunity in this 4 unit rental property. It is 100% occupied and when there is a rare vacancy, there are several qualified applicants ready to move in! Great location in downtown Cedar Springs, Easy walk to schools, restaurants, and shopping. Unit #1: 1 Bedroom $425/month. Unit #2: 2 Bedroom $425/month. Unit #3: 1 Bedroom $450/month. Unit #4: 1 Bedroom $395/month Total gross monthly rent: $1,695. Each unit pays their own electric and gas as they each havetheir own meters. Each unit has a wall furnace and fully stocked kitchens. There is onsite parking for the tenants. Unit 2's tenant has lived here since 1/2013! Unit 3's tenant since 12/2012! Unit 1's tenant since 6/2014! Landlord pays trash and water. This rental property has an amazing ROI and will sell fast at this price.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Appliances
    • Included: Refrigerator
    Interior area
    • Total interior livable area: 2,165 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 9,583 sqft
    Details
    • Parcel number: 410225484005

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public

    Community & neighborhood

    Location
    • Region: Cedar Springs

    Other

    Other facts
    • Lot Description: Level
    • Substructure: Crawl Space
    • Sewer: Public
    • Util Avail at Street: Telephone Line, Electric, Public Sewer, Public Water, Broadband
    • Terms Available: Cash/Conventional
    • Heat Type: Wall Furnace
    • Utilities Attached: Electric
    • Owner Pays: Sewer, Water
    • Tenant Pays: Gas, Electric
    • Water: Public
    • Cert of Compliance: Yes
    • Unit 1: Range Oven
    • Unit 2: Range/Oven
    • Lot Measurement: Acres
    • Property Sub-Type: 2 to 4 Units
    • Occupant Type: Tenant
    • Driveway: Unpaved
    • Unit 3: Range/Oven
    • Unit 4: Range/Oven
    • Auction or For Sale: For Sale
    • Unit 1: Occupied: Yes
    • Unit 2: Occupied: Yes
    • Unit 3: Occupied: Yes
    • Unit 4: Occupied: Yes
    • Financial Available: %
    Sell with ease on Zillow
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    $275,300
    2% more+$5,506
    With Zillow Showcase(estimated)$280,806