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$2,720,000
172 Days On Site
70 N Lester AvenueWhiteCloudCity_Newaygo, MI 49349
For Sale|Multi Family|Active
10
Beds
0
Full Baths
0
Partial Baths
—
SqFt
—
/SqFt
1980
Built
County:
Newaygo
Call Now: (248) 974-2473
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(248) 974-2473
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Monthly Payment (Est.)
$12,410Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
32 unit apartment building in a growing submarket, with an attractive unit mix. There is coin-operated laundry and storage units, in each building. The electrical and gas are individually metered. Rents are below market. Value add opportunity to increase rents to market as leases expire. This could be a great opportunity for your next cost segregation study or 1031 exchange. Many capital improvements have been completed, some renovations completed are: common area updates, roof and gutters, exterior doors, appliances, unit renovations, parking lot repairs and much more.
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Listing Snapshot
Price
$2,720,000
Days On Site
172 Days
Bedrooms
10
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
3.12 Acres
Year Built
1980
MLS® Number
65024054434
Status
Active
Property Tax
$27,425.33
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 6 months ago | Listing updated with changes from the MLS® | |
| 6 months ago | Status changed to Active | |
| 6 months ago | Listing first seen on site |
General Features
Acres
3.12
Cross Street
North St & Pine Hill
Foundation
Slab
Garage
Yes
Parking
Garage
Parking Spaces
40
Property Sub Type
Multi Family
Sewer
Public Sewer
Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedSewer AvailableWater Available
Water Source
Public
Zoning
Commercial
Interior Features
Cooling
Wall Unit(s)
Heating
Hot WaterNatural Gas
Laundry Features
Common Area
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Exterior Features
Construction Details
Vinyl SidingWood Siding
Roof
CompositionMetal
Community Features
Financing Terms Available
CashConventional
MLS Area
Area62112WhiteCloud
School District
WhiteCloud
Schools
School District
WhiteCloud
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of MOXIE Real Estate + Development: shawnj@workwithmoxie.com
IDX provided courtesy of Realcomp II Ltd. via . Copyright © 2025 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
IDX provided courtesy of Realcomp II Ltd. via . Copyright © 2025 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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