103 S Cedar St., Ewen, MI

Multi-family for Sale - $199,000 - 4,230 Sq. Ft.


Agent Info

Cliff Kolinsky
CENTURY 21 Burkett & Associates

Property Info

CIMLS#1161411
Location
  103 S Cedar St.
  Ewen MI 49925
UpdatedJune 13th, 2024
TypeMulti-family
Price$199,000
Building4,230 Sq. Ft.

Property Description

An excellent investment opportunity in the heart of Ewen, Michigan! This four-unit apartment complex is approx. 4,200 square feet and sits near the corner of Main Street and M-28. There is one (3 bedroom) and three (2 bedroom) apartments, along with a common hallway & coin operated laundry room. There have been numerous improvements over the last number of years including the roof (new rubber membrane 2024, laundry room, water heaters, and separate gas furnaces. Why not buy the building, live in one of the apartments, and rent the other three units out for additional income? A very strong rental history throughout the years, it's an appealing investment for even the most conservative investors! Fully Occupied!


Financials