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$129,000
5
beds

501 Broadway
Niles, Michigan 49120

Closed / MLS #20029815 / Multiple Unit (2-4) / Niles
Listing information updated 1/10/2024 at 11:22am
Great investment opportunity located on a corner lot near the downtown Niles area. This well-maintained 4 unit rental property is fully rented with reliable tenants. With low vacancy rates, positive cash flow and 20 years of rental history. Offers 1- 2 bedroom unit, 3- 1 bedroom units with on-site coin laundry in the full basement for additional income. 4 parking spots on the asphalt drive. Nice hardwood floors on the main level and lots of character throughout. Each unit comes with fridge, stove and window a/c unit. Furnace was replaced 6 years ago.
Exterior Type:
Vinyl Siding
Basement:
Full
Beds Above Grade:
5
Cooling System:
Window Unit(s)
Heating System:
Natural Gas, Forced Air, Baseboard, Electric
Pool:
No
Age:
27 Years
Roof Type:
Composition,Rubber
Garage:
No
Water Front:
No
Square Feet:
N/A
Lot Size:
5227
Acreage:
0.12
Tax Amount:
$1,613
Tax Year:
2020
Zip Code:
49120
City:
Niles
County:
Berrien
School District(s):
Niles
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: IREP ERA Powered

Listing Office Phone: 269.684.5030

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of SWMRIC, LLC. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

Niles, MI

Located just north of South Bend, Indiana and lying along the St. Joseph River near the Michigan-Indiana border, Niles is one of the oldest settlements in the Midwest. Rich in history and playing key roles in the American Revolutionary War and the Underground Railroad, Niles has a decorated past and...
$244,814
Average Sale Price
57
Average Days On The Market
94%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 501 Broadway, Niles, MI 49120
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501 Broadway, Niles, MI 49120 is a multiple unit (2-4) which sold for $129,000. 501 Broadway features 5 Beds, 0 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since October 9th, 2020 and was built in 1997.

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