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  • $54,500

    95 E Water St, Newaygo, MI 49337

    4beds
    2baths
    --sqft
    2 to 4 Units
    Built in 1960
    -- sqft lot
    $57,700 Zestimate®
    $--/sqft
    $1,305 Estimated rent

    What's special

    This duplex is a fantastic opportunity for investors looking to implement the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat). Featuring split utilities, each unit operates independently, separate gas and electric meters making it perfect for generating rental income. With good bones, this property has great potential but needs work to reach its full value. For those interested in flexible financing, the seller is open to a land contract with $25,000 down, 10% interest, and $350 per month payments.

    Zillow last checked: 7 hours ago

    Listing updated: November 07, 2024 at 08:09am

    Listed by:

    Sandi L Gentry 616-638-3900,

    RE/MAX Lakeshore

    Bought with:

    Brenda Beach, 6505432135

    Stark Real Estate

    Source: MichRIC,MLS#: 24052188MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air
    Features
    • Basement: Michigan Basement
    • Number of fireplaces: 1

    Property

    Parking
    • Total spaces: 2
    Lot
    • Size: 0.25 Acres
    • Dimensions: 83 x 132
    Details
    • Parcel number: 1919105011

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Other
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

    Community & neighborhood

    Location
    • Region: Newaygo

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
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    An equal housing lender. NMLS #10287.