Contingent

$239,000

Favorite

beds

baths

424 N 4th Street

Niles, Michigan 49120

Contingent / MLS #24005920 / Multiple Unit (2-4) / Niles

Listing information updated 3/11/2024 at 8:02am

Exceptional Investment Opportunity in Downtown Niles, MI! This multi-family gem, located in the vibrant heart of downtown, offers a unique blend of character and financial promise. With all four units under solid 1-year leases, investors can enjoy immediate and reliable returns. The property generates an impressive gross profit of $3,400 per month, showcasing its lucrative potential. Recently upgraded with a new roof in 2023, this investment promises low maintenance costs and long-term value. Each unit has their own gas meter, furnace and water heater. Seize the chance to be part of the thriving real estate scene in Niles-secure your stake in this profitable, well-maintained 4-unit property today! *Each unit has 1 bedroom & 1 bathroom*

Full Features

Exterior Type:

Aluminum Siding

Basement:

Crawl Space,Michigan Basement

Beds Above Grade:

Cooling System:

Window Unit(s)

Heating System:

Natural Gas, Forced Air

Pool:

Age:

114 Years

Roof Type:

Composition

Garage:

Water Front:

Square Feet:

N/A

Lot Size:

9583

Acreage:

0.22

Taxes & Assessments

Tax Amount:

$2,023

Tax Year:

2023

Location

Zip Code:

49120

City:

Niles

County:

Berrien

Schools

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...

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$397,161

Average Sale Price

Average Days On The Market

96%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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424 N 4th Street is a multiple unit (2-4) currently listed at $239,000. 424 N 4th Street features 4 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties since February 4th, 2024 and was built in 1910.