3 unit building. Zillow shows it as last sold in 1999 for $85,000. We bought it in 2007 for $150,000. Apartment 1 is 2+ bedroom with outside stairway entrance and inside stairway entrance, mostly on second floor with a great view of Turk Lake and garage access for vehicle. Present renters are family of owners and will stay or leave based on new owner decision. Will be moving out once their home is built in the near future. Apartment 2 is 1 bedroom on ground floor with great renters who would love to stay. It has a patio in their back yard and parking in front right off M91. Third unit is a dual unit. Has been used mostly for office space but is now being used as a one bedroom apartment. All three units together bring in $1500 per month (could easily be $1800) for rent plus electric, gas and wifi. The building is located 4 miles north of Greenville on M91 and on a large 4 parcel lot, across from Turk Lake. Has a totally paved parking lot, mature apple trees, large grass back yard, fire pit, backyard neighbors have horses, and if you want to use the front unit for a business it has a high traffic count passing by everyday. Also, public school bus stop is right out front. Close to bar/restaurant, gas station/market, church, Montcalm Township Hall office and firehouse, tennis courts, basketball court, McCarthey Park on the Flat River, and other businesses. Has new septic, new well, new roof (except over south side of garage).
Off market
Zestimate®
$299,900
1500 S Greenville Rd, Greenville, MI 48838
5beds
5,000sqft
MultiFamily
Built in 1925
-- sqft lot
$299,900 Zestimate®
$60/sqft
$1,585 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Radiant, Gas
Cooling
- Central, Wall
Appliances
- Included: Dryer, Refrigerator, Washer
Features
- Flooring: Other, Carpet, Concrete, Laminate, Linoleum / Vinyl
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 5,000 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached, Off-street
Features
- Exterior features: Other, Vinyl, Cement / Concrete, Metal
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.55 Acres
Details
- Parcel number: 01470002200
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Metal
Condition
- Year built: 1925
Community & neighborhood
Location
- Region: Greenville
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$299,900
2% more+$5,998
With Zillow Showcase(estimated)$305,898