Property Type:
Multi Family
Lot Size (sq. ft.):
7,405
Status:
Pending
Current Price:
$257,900
List Date:
2/24/2026
Last Modified:
7/11/2026
Overview
Description
Investors take notice! Approved by the city for non-related persons rental housing! This 3 unit apartment building/investment property has been a cash cow for many years, has the perfect space for a 4th unit to be fitted out (contingent on city approval for a 4th unit) , and a location that can hardly be beat..a couple blocks away from Ferris State University...literally in the heart of downtown. With its big backyard, plenty of parking, an attached 2+ car garage, and an unbeatable location, you are sure to appreciate the opportunity this iconic downtown fixture has to offer you. Call for more information! Current rent is $1000 for upstairs, $700 south unit, $750 north unit, all on a month to month. These rents reflect the long term owner relationship with the renter, and are less than the market rates.
Last Updated: July - 11 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.