MLS # 26011273 (Michigan Regional Information Center (MichRIC))

Great opportunity to invest in a multi-unit rental in a great beach town! This 3-unit building is located on the lake side of Red Arrow, just a few blocks from downtown New Buffalo's beach, shops, restaurants and harbors, and less than a mile from New Buffalo elementary school. Front unit is 2-story, 2br/1ba. Upper unit is a studio. Main level back unit is 1br/1ba. Ready for your new ideas and updates! Could be a great short-term rental in commercially zoned area, transformed into a work-live setting or continue to use as a long-term rental in a great location!
Source: SparkMLS
Closed at $235,000.
Property tax estimate: $2,380 per year ($198/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Indiana Michigan Power Company; natural gas by SEMCO Energy Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by ChooseChad Team
Coldwell Banker Realty
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Indiana Michigan Power Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5 N Eagle Street, New Buffalo, MI 49117
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Municipality
New Buffalo
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