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David Schoolcraft

homekeysrealtors@gmail.com +1(734) 724-5563

$ 590,000

Est. payment -/mo

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Active

121 E Michigan ST New Buffalo City, MI 49117

6,098 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 69026018412

Year Built 1955

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type MultiFamily

Property Description

Exceptional income-producing opportunity in the heart of New Buffalo! This triplex features three units, each with private entrances and individual electric and water services, allowing for efficient management and tenant-paid utilities. All units are currently leased month-to-month, providing immediate income with the ability to adjust rents or reposition. The first unit lives like a single-family home with three bedrooms, 1.5 baths, a four-season room, private backyard, and side circle parking. Unit two includes one bedroom, one bath, updated electrical, and an unfinished basement with a second full bath and potential for additional living space. The third unit offers ravine views, one bedroom and one bath on the main level, plus a finished lower level with bedroom, bath, and separate entrance. Current rents are below market, presenting a clear value-add opportunity to increase income and improve overall return. Located minutes from beach, and all downtown amenities.

Location

State MI

County Berrien

Area Area94192Newbuffalo

Rooms

Basement Full, Partial

Interior

Heating Forced Air, Natural Gas

Cooling Window Unit(s)

Fireplace No

Exterior

Parking Features SharedDriveway, Unpaved

Utilities Available CableConnected, NaturalGasConnected, SewerConnected

Waterfront Description PublicLake

View Y/N No

Roof Type Composition

Waterfront Description PublicLake

Building

Lot Description HillyRavine, Level

Foundation MichiganBasement

Sewer Public Sewer, Sewer At Street

Water Public

New Construction No

Schools

School District New Buffalo

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by James Garrison of Keller Williams Realty SWM

NEARBY SCHOOL

Nearby Cities