MLS # 25002289 (Michigan Regional Information Center (MichRIC))

This rare opportunity for 6 good rental units under one much-improved 1970s building, is one to jump on! With 3 two bed units, and 3 one bed units, roof and siding new in 2020, all new exterior decking, stairs and sliders added by the current owner, the exterior is in great shape. Current owner has remodeled and updated 4 out of 6 units and brought rents up in all units. Two 2-bed units with longstanding tenants remain to be remodeled to maximize the potential of this great investment opportunity and bring up those rents to market value and a potential for a 9 % cap rate. Unit 6 has a small bonus room, that could be an office. 7th unit could be created from storage area. New drain field was put in Dec 2024. Coin-operated shared laundry brings in extra income.
Source: SparkMLS
Closed at $365,000.
Estimated annual property tax: $4,180, or about $348 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company. Broadband is available with download speeds up to 1,200 Mbps from 6 providers.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
FRUITLAND TOWNSHIP SEC 22 T11N R17W N 113 FT OF E 200 FT OF NE 1/4 OF SE 1/4 N 33 FT & E 33 FT FOR RD
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Lisa M Stewart
Greenridge Realty (EGR)
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
1.2 Gbps
Upload
35 Mbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4195 N Weber Road, Whitehall, MI 49461
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Municipality
Fruitland Township
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