Michigan Multi-Family For Sale

Nice west-side investment property! This 1,400 sq ft duplex features newer 100 amp electric service, a detached 1-car garage, and tenants pay gas and electric. Convenient location close to YMCA, parks, schools, and shopping.

Long-term tenants and the numbers work with this great triplex situated on a double lot with a 2-car detached garage. One unit is 3 bedroom & the other two units are 2 bedroom. Includes coin-operated laundry and basement storage spaces that lock for tenants. Other amenities include mostly new windows throughout, new window trim, new paint, and newer roofs on both the home and the garage. The downstairs 3 bedroom unit has been completely remodeled as well.

What a great investment opportunity, right in the city of Iron River! Looking for a fabulous addition to your real estate portfolio? This spacious 11-unit building offers an excellent rental history and features on-site laundry facilities and garage parking. Situated on nearly two acres across from the country club.

Located just north of Islandview and West Village, with direct access to Eastern Market and Downtown Detroit. Commercial and residential developments surround this row of historic homes. Developments include new restaurants, new retail, The Townsend - mixed-use living, The St. Charles, new construction condos in Islandview, and the brand new Rivertown Meijer. Green-innovative production developments are situated just North of the properties. The main features being FCA, the future carbon-neutral "GM Factory Zero", and their subsequent supply chains. Four multi-family homes are conveniently located near multiple redevelopment projects. This portfolio includes two (2) four unit, two (2) two-unit, and one (1) single-family home. Each of the properties requires a full rehab and is perfect for upside, a reno-investor, or flip. Each property has its own driveway and adjacent land on the north and south are available. Grand Blvd serves as the gateway to the Belle Isle Bridge/Island Park.

(8) 2 Bed, 1 bath units. Well maintained Multifamily property with several capital improvements made within the last year. Each unit is separately metered for Electric, Gas, and Water. Each unit also comes with a Mini Split HVAC system, which minimizes the landlord’s expenses. On site coin laundry.

Cedar St next to Preuss Pets This duplex is located on N Cedar next to Su Casa Jewlers and just South of Old Town. The property is split with a unit up and a unit down. A rear entry ramp allows for handicap access to the lower unit. This property is not currently licensed and has had damage from a frozen water pipe. It is priced accordingly to the needed repairs. There is a detached garage and paved parking areas.

70281 McVicar Rd, Romeo Parcel: 14-01-35-180-029 | Front Building 12548 South Lane, Romeo Parcel: 14-01-35-180-008 | Middle Building 12395 South Lane, Romeo Parcel: 14-01-35-180-005 | Back Building South Lane Vacant, Romeo Parcel; 14-01-35-180-028 | Large Vacant Land South Lane Vacant, Romeo Parcel: 14-01-35-179-003 | Smaller Vacant Land South Lane R-O-W, Romeo Parcel: 14-01-35-180-027 | Right-of-Way Multifamily Portfolio & Vacant Land | Value-Add Opportunity | McVicar Rd & South Lane Rd 70281 McVicar Rd, Romeo Parcel: 14-01-35-180-029 | Front Building | 0.383 ACRES 12548 South Lane, Romeo Parcel: 14-01-35-180-008 | Middle Building | 0.250 ACRES 12395 South Lane, Romeo Parcel: 14-01-35-180-005 | Back Building | 0.366 ACRES South Lane Vacant, Romeo Parcel; 14-01-35-180-028 | Large Vacant Land | 0.951 ACRES South Lane Vacant, Romeo Parcel: 14-01-35-179-003 | Smaller Vacant Land | 0.362 ACRES South Lane R-O-W, Romeo Parcel: 14-01-35-180-027 | Right-of-Way | 0.715 ACRES NOTES: High Household Incomes, Located Short Distance of Historic Downtown Romeo. The multifamily buildings all been completely renovated with all new kitchens, baths, flooring, plumbing, roofs, etc. Currently is 100% full occupancy. Cash flow gross $84,010.00 with a net amount of $71,000.00 annually, estimates. Great opportunity to own this income producing property on South Lane at McVicar Road in upper income Bruce Township, Michigan. Property includes two apartment buildings and a duplex totaling 11 rental units, all with high occupancy. Also included are two vacant lots - 55,358 SF for future expansion of up to 12 additional apartments, townhouses or multiplex configurations. Site is located a short distance north of historic downtown Romeo.

Located at the corner of Alton Rd and Burcham Drive. Walking distance to MSU campus. SVN | Stewart Commercial Group is pleased to present for sale a desirable portfolio of 2, well-maintained student housing duplex properties. The 2 identical properties are situated next to each other along Alton Rd., just a short walk to the Michigan State University campus. Michigan State University is the nation’s premier land-grant university and one of the top research universities in the world. With a student population of approximately 50,000 and a faculty and staff of 5,700, MSU is the largest University in the state of Michigan. Each of the 2 properties has enjoyed a long history of 100% occupancy and rising rents. The properties are 100% occupied for the current school year. Given the newer construction and proximity next to each other, the Alton Rd. duplex properties offer a new owner a low maintenance, turn key investment opportunity.

RM3 High Density, 93 Units (58 one bdrm, 35 2 bdrm), 2 Full Service Elevators. Approximately 3 Acres, All Utilities to Site Complete Approvals, Complete Architectural & Engineering Plans First Floor Cafeteria and Gathering Room

Located in picturesque downtown Gaylord Now offering a fantastic downtown central business district opportunity located in the heart of burgeoning Gaylord, MI. If you've dreamed of living downtown, owning a live/work space, air-bnb rentals, multi-family, office or retail space downtown, this building offers incredible opportunity. Accessed with a separate entrance, the second floor has four apartments. The first floor is currently operated as two restaurants, but could readily be redeveloped and is well suited to be office space, retail, a commercial kitchen or split into multiple units for a combination of uses.

This property is located just steps from the Central University of Michigan Campus, Business school, Law school, S. University, & relaxing at the Arb. Don't miss out on the opportunity to own this very desirable student housing investment on the University of Michigan campus. Exceptional campus area location with long-standing, stable rental history. The property is fully occupied for the current school year and the same tenants have renewed for the 2021/2022 school year. Each unit contains 4 bedrooms, for a total of 8 bedrooms. This beautiful property has been fully renovated and well maintained boasting original woodwork and wood floors throughout. Recent improvements include; a new roof and gutter system (2018), all new furnishings for every room (2018 - 2020), a new hot water heater (2019), two (one per unit) new HVAC systems (furnaces, a/c units, ductwork) (2015), new dishwasher (2019), driveway retaining wall (2018), and a new sump pump (2020). The University of Michigan is consistently ranked as one of the top public universities in the United States. UM students come from all 50 states and 139 countries. 2020/2021 Rent is $78,720 and increases to $80,640 for the 2021/2022 school year (14.2 GRM). Proof of funds or pre-approved financing will be required for showings. In consideration of the tenant's schedules and safety, showings will be conducted once per week, call the office for the coming week's schedule.

Located 8 minutes west of downtown Traverse City. Now offering a duplex investment property. This opportunity is just 8 minutes west of downtown Traverse City. This duplex is just close enough to Traverse to be convenient, but far enough to be quiet and secluded. Both units are two bedroom, one bath, aprox. 968 sqft. each side - total of 1,936 sqft. Units comes with storage, in-unit washer & dryer, appliances.

Near SWC of 8 Mile and Woodward Excellent Development Site near SWC of 8 Mile and Woodward. 1.12 acre of land zoned R5 Medium Density Residential with a 9500 SF commercial building.

Immediate access to major thoroughfares and proximity to medical facilities, shopping, dining and entertainment options, and a large employment base. Monroe is a haven for outdoor enthusiasts with more than 35 community parks and the 1,300-acre Sterling State Park, located on the shores of Brest Bay. 162 unit renovated apartment community

Close proximity to interstate/highway access, major employers such as General Motors, Genysys Health System, University of Michigan-Flint and Meijer and nationally-ranked higher-educational institutions. Immediately north of a desirable retail amenity base of more than two million square feet with retailers such as Bed, Bath & Beyond, Express, Pier 1 Imports, Macy’s and Ulta. Exceptionally-well maintained property by long-term substantial reinvestment completed including replacement of all furnaces, roofs, windows, siding and rebuilt balconies.

A former rectory that is a prime property for a new use. This site would be an excellent property for either a Senior Assisted Living or Permanent Supportive Housing. The building is 5,871 SF with an abundant number of bathrooms, two outside enclosed court yards, a full basement, 4 car heated garage and plenty parking spaces. The property includes 2.9 acres and 410 feet of frontage on 10 Mile Rd. The property is large enough that a new development could potentially house 20-40 additional residential units.

CASH/CONV

Attention all investors looking for the opportunity to purchase real estate in an ideal location just outside of downtown Grand Rapids. Located near College Avenue, this is a great location in proximity to the Medical Mile and downtown Grand Rapids. Just across the street you can find some great restaurants and many walkable amenities in the area. Off street parking and easy highway access along with location make this a great rental unit. This 8 unit, 2 building property is a rare find in Grand Rapids, don't miss your chance.

Fully leased 12 unit apartment complex in Traverse City. Ready access to the TART Trail and downtown TC. 12 Unit apartment complex within the city limits of Traverse City. Partially refurbished and near the TART Trail and downtown Traverse City. Immediate access to public schools (TCAPS) and home delivery of essentials. Fully leased.

Located on E 9 Mile Road East of Greater Mack Avenue PRIME parcel for Redevelopment - City of St. Clair Shores identified this parcel as a Top 5 development parcel in the City. Property can be renovated for uses such as an ALF / Memory Care or redeveloped into a mixed-use or townhouse style development.

Strong residential area populated mainly with single family homes

Meadowview Apartments are conveniently located between Lansing and Flint, just south of M-21 and north of M-71

Prime location within blocks of the Woodward Q-Line, Whole Foods, The District, DMC and more. BID DEADLINE JUNE 29th, 2017, 5PM EST - Rare Opportunity to purchase 2 apartment building within blocks of The District, Q-Line Rail, Theatre District, DMC and More. The properties are currently in good repair. A new owner can reap huge upside in rents and value after they update units. The units are right sized for what the current emerging tenant pool is looking for. Smart updates to fixtures and finishes will be richly rewarded. Both properties feature parking lots with approximately 30 +/- spaces. May be able to restripe for more spaces.

The building is located in the heart of downtown South Lyon with great visibility.

The East Bay Village Apartments consist of 208 garden-style units within two-story buildings located on a total of 15.48 acres. The complex is comprised of 56 (27 percent) one- bedroom, one-bathroom units totaling 770 square feet and 88 (42 percent) two-bedroom, one-bathroom apartment units consisting of 920 square feet. The complex also has 44 (21 percent) two-bedroom, 1.5-bathroom townhome units totaling 1,020 square feet and 20 (10 percent) three-bedroom, 1.5-bathroom units totaling 1,100 square feet. The property is currently 94 percent occupied. The tenants are responsible for all utilities (tenant is to reimburse landlord for trash, water/ sewer, and gas). The current ownership is not offering any concessions at this time.

3,488 SF 2 income producing apartments on 2nd floor Since 1959, the locally famous Bode's Corn Beef House has served customers and is a favorite among the locals! Great opportunity awaits and includes all FF&E, Business and real estate! Located in the heart of Plymouth, the Bode's Corn Beed House is surrounded by a rich retail and residential population, the location is a primer breakfast, lunch and dinner setting. The second floor includes two income producing apartments! The restaurant sits across from Plymouth Arts & Recreation Complex and is immediately northeast of a planned, 5 story mix-use, development that includes first floor street retail, office space and residential. The City hosts a myriad of conventions, and festival season begins in January with the Plymouth Ice Festival. Throughout the summer months every Wednesday, Thursday and Friday the public join Music in the park Concerts take place at Kellogg Park, featuring a variety of musical acts and genres for free. Every Saturday morning beginning May and running through October, locals meet at the Farmer's Market located at the Plymouth Gathering

This listing is for properties 4106 and 4100 Fenton RD. Properties together are listed for $175,000 and as is. 4100 is an apartment complex that has 7 units to it and is roughly about 2227 sq ft. One unit is currently being used as a storage unit but it could potentially be made into a laundry area for the tenants. All unit are rented and rent between $310 to $360. You will automatically be bringing in money because of the apartments. There are two one bedroom units and the remaining units are studios. 4106 is being sold as is and is roughly about 2574 sq ft. Has great bones just needs lots of work. Properties are on a busy road and not to far from I 69, I 475, US 23 and I 75.

-Located in Sturgis, Michigan (Southern end of MI) -Metro containing approximately 60,000 people -Median home price north of $150k -This is the only park within Sturgis city limits, so demand is very high. -45 minutes from Elkhart - a city 52,000 people -1 hour from Kalamazoo - a city with 76,000 people Sturgis Mobile Home Park is a fantastic turn-key park with city water and sewer. This offering features 20 sites, all of which are tenant owned homes with lot rents of $375/mo (increasing to $400 in the near future). As the park currently sits, it is 100% occupied with city utilities that are submetered and billed back to the tenants. The park has paved roads, and even a playground for children, creating a sense of family and community amongst the residents. The current owner has spent a lot of time and money stabilizing the property, making it a perfect low-risk turnkey asset, with no headaches or major work required.

Corner of Burchem & Alton SVN | Stewart Commercial Group is pleased to present for sale a desirable portfolio of 3, well-maintained student housing duplex properties. The 3 identical properties are situated next to each other along Burcham Dr., just a short walk to the Michigan State University campus. Michigan State University is the nation’s premier land-grant university and one of the top research universities in the world. With a student population of approximately 50,000 and a faculty and staff of 5,700, MSU is the largest University in the state of Michigan. The Burcham duplexes were constructed in 1978 and feature a total of 6 units and 18 bedrooms. Each duplex has central air, a full basement, and a washer & dryer. Recent updates include new roofs (2016), updated kitchens (2018), and complete driveway and parking lot replacement (2020). Each of the 3 properties has enjoyed a long history of 100% occupancy and rising rents. The properties are 100% occupied for the current school year. Given the newer construction and proximity next to each other, the Burcham duplexes properties offer a new owner a low maintenance, turn key investment opportunity.

Busy road in growing Wadhams business district. Cash or Commercial Mortgage

1325 N Main St located in Adrian, MI is a 13,200 square foot Apartments - Multifamily, Apartment Garden (1 - 4 stories) property.The property is being offered at the following list price: $1,975,000 at a Cap Rate of 6.58% with an estimated NOI of 129,955.Offered by Patrick Hoffman.

10290 48th Ave located in Allendale, MI is a 6 square foot Apartments - Multifamily, Apartment Garden (1 - 4 stories) property.The property is being offered at the following list price: $600,000.Offered by Greg DeJong.

The City of Battle Creek is a beautiful, diverse and dynamic community. Rich in history and tradition, this city known as "Cereal City" was first discovered by surveyors in 1827. Located in Michigan, in northwest Calhoun County, at the confluence of the Kalamazoo and Battle Creek rivers. It is the principal city of the Battle Creek, Michigan Metropolitan Statistical Area (MSA), which encompasses all of Calhoun County. As of the 2010 census, the city had a total population of 52,347, while the MSA's population was 136,146. Calhoun County comprises the Battle Creek, MI Metropolitan Statistical Area and is included in the Kalamazoo-Battle Creek-Portage, MI Combined Statistical Area. According to the City's 2011 Comprehensive Annual Financial Report, the largest employers in the city are: (Employer, #of employees) Kellogg (2,500), Kraft Foods (2,500), Denso, Hart-Dole-Inouye Federal Center, Battle Creek VA Medical Center, and the Michigan Air National Guard. Battle Creek has branch campus for two of the state universities, Western Michigan and Central Michigan University. The median household income is $36,800; the median home value, $81,100. The area has an 5.1% unemployment rate. Beautiful 3-star park next to a forest preserve, minutes from shopping, major area employers, and schools. Park includes a few duplex/quadplex apartment units and an office building. There is a great up side with filling vacant sites. Local programs to help finance new homes are readily available and there are no rent control measures. Owner has owned Oak Forest for many years and is selling so that they might be more strategic with their overall MHP portfolio. The management, oversight, and maintenance has been, and continues to be, excellent. The collections strong and residents have been screened. The new owner is getting a good property with no collection or resident problems. There are ten park owned homes (9-occupied, 1-vacant). There is $277,000 in effective gross lot rent collected (annually), this does not include income from home rentals or sales. Streets are in average condition and are asphalt. City Water and City Sewer, which is submetered and billed back to residents. Tenant owned homes are mostly older single sections.