Cross Streets: State Rd
Property Sub-Type: 2 to 4 Units
Municipality: City of Hastings
Auction or For Sale: For Sale
List Price/SqFt: 131.04
New Construction: No
Lot Dimensions: 132x110
Road Frontage: 242
Cert of Compliance: Yes
Waterfront: No
Basement: No
Total # Units: 4
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 3808
Total Parking Spaces: 10
School District: Hastings
Lot Measurement: Acres
Lot Square Footage: 14375
Lot Acres: 0.33
Year Built: 1990
Taxable Value: 104249
SEV: 113600
For Tax Year: 2025
Seller's Annual Property Tax: 5400
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: unknown
Zoning: A-O
Tax ID #: 085504002650
Public Remarks: *Rare investment opportunity* Well-maintained 4-unit apartment building in Hastings offered for the first time. Each unit has 2 bedrooms and 1 bath and is fully leased with a strong rental history. Current rents are $990 (2 units) and $1,050 (2 units) with upside potential as rents are currently below market rental rates. Landlord pays water and gas. Property features coin laundry in common area, locked tenant storage, private slider door out to a patio or deck and a covered walkway with automatic garage door access for parking. Major components including roof, boiler, and mechanicals have been well maintained. Two long-term tenants (5 and 15 years) are month-to-month, with two units on annual leases. Solid investment opportunity with stable income and room for future rent growth. Call a local trusted Realtor today for operating information or to schedule a tour.
Legal: CITY OF HASTINGS ELY 110 FT LOTS 3 & 4 BLK 4 R J GRANTS ADDITION
Electricity Connected: 1
Natural Gas Connected: 1
Cash: 1
Conventional: 1
Tax Def Exchange: 1
Common Area: 1
In Hall: 1
Upper Level: 1
Accessibility Features: No
Garages: 1
Laundry Facility: 1
Tenant Storage: 1
Unit #: 1
Unit Description: Lower Left
SqFt: 855
Occupied: Yes
Monthly Rent: 990
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Range Oven: 1
Refrigerator: 1
Unit #: 2
Unit Description: Upper Left
SqFt: 855
Occupied: Yes
Monthly Rent: 1050
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Unit #: 3
Unit Description: Lower Right
SqFt: 855
Occupied: Yes
Monthly Rent: 990
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Refrigerator: 1
Unit #: 4
Unit Description: Upper Right
SqFt: 855
Occupied: Yes
Monthly Rent: 1050
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
County: Barry
Street #: 602
Street Direction: N
Street Name: Church
Suffix: Street
State: MI
Zip Code: 49058
Status: Active
Current Price: $499,000
List Price: $499,000
Listing Date: 2026-03-12
Directions: From Hastings take Broadway to State Rd. East. One the corner of State Rd and Church one block East of Broadway
Laundry Features: Common Area; In Hall; Upper Level
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Slab
Lot Description: Corner Lot
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: High Speed Internet
Extras: Garages; Laundry Facility; Tenant Storage
Owner Pays: Gas; Water
Tenant Pays: Electric; Trash
Heat Source: Natural Gas
Heat Type: Baseboard; Radiant
Air Conditioning: Window Unit(s)
Driveway: Asphalt; Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional; Tax Def Exchange
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: A/C Unit; Deck/Patio; Dishwasher; Garage; Range Oven; Refrigerator
Unit 2: A/C Unit; Deck/Patio; Dishwasher; Garage; Range/Oven; Refrigerator
Unit 3: Range/Oven; A/C Unit; Deck/Patio; Dishwasher; Garage; Refrigerator
Unit 4: A/C Unit; Deck/Patio; Dishwasher; Garage; Range/Oven; Refrigerator