MI > Big Rapids
Big Rapids, MI 49307,328 S Warren Avenue
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
Tue
4
Mar
Wed
5
Mar
Thu
6
Mar
Chris Hubel

Chris Hubel

+1(248) 791-3594
$ 324,900
Est. payment /mo
Save
Pending

328 S Warren Avenue Big Rapids, MI 49307

4 Beds

0.3 Acres Lot

UPDATED:

02/17/2025 05:16 PM

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 65025002918

Bedrooms 4

Originating Board Greater Regional Alliance of REALTORS®

Year Built 1950

Annual Tax Amount $5,084

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 88.5x150

Property Description

INVESTMENT OPPORTUNITY!! Buy this 4-unit for a great addition to your portfolio, or move into one of the units and collect rent from 3 other units with an FHA / VA loan! This property boasts $4,180 /mo. in gross rents at a 10.2% Cap rate. See attached pro forma. All leases are month-to-month. Tenants pay ALL utilities & all units are separately metered. Professionally managed. This property features a charming old house duplex on the same lot with a newer, traditional side-by-side duplex. All units have their own laundry. Great tenants, very low-maintenance. All tenants are on M2M leases. One tenant is currently in the process of moving out, so it could be vacant at close for an owner-occupied buyer, or we could place a new tenant for you if you are an investor! Schedule your tour today!

Location

State MI

County Mecosta

Area Big Rapids

Zoning Other

Direction E from State St on LocustHouse on left

Interior

Interior Features Laundry Facility, Cable Available

Heating Forced Air

Cooling Wall Unit(s)

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 4.0

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal)

Structure Type Vinyl,Wood

Schools

School District Big Rapids

Others

Pets Allowed Yes

Tax ID 541714111014

Ownership Broker/Agent Owned

Acceptable Financing Cash, Conventional, FHA, USDA Loan (Rural Dev), VA

Listing Terms Cash, Conventional, FHA, USDA Loan (Rural Dev), VA

Financing Cash,Conventional,FHA,USDA Loan (Rural Dev),VA

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Tyler Johnson of Clear Realty Group

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of Chris Hubel, including auto-dialed calls, texts, and prerecorded messages (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website. I understand that I can call +1(248) 791-3594 to obtain direct assistance.