Courtesy of Playford Real Estate, Mary Playford

118 W Chicago Road, Allen, Michigan, 49227

$229,900
0.25 Acres
5 bd
1 ba
#26038619
Excellent investment opportunity between Jonesville & Coldwater on US-12 ! This well-maintained four-unit apartment building features three apartments on the main level and one spacious apartment upstairs, offering outstanding income-producing potential. Apartment A has been beautifully renovated '26, while the additional apartments feature comfortable living spaces with unique character and strong rental appeal. Attached garage/storage building. This property presents an exceptional opportunity for investors seeking immediate rental income and long-term appreciation. Seller currently occupies one main-level apartment and will lease it back after closing for $650 per month, with lease-back terms to be negotiated as part of the purchase agreement. Do not view without an appointment with agent.

PROPERTY FEATURES

  • Utilities : Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Cable Connected
  • Water Source : Private, Well
  • Sewer : Septic Tank
  • Community Features : Sidewalks
  • Parking Features: Driveway, Gravel
  • Parking Total: 6
  • Garage on Property:
  • Heating on Property:
  • Heating : Natural Gas, Forced Air
  • Construction Materials: Vinyl Siding
  • Roof: Composition
  • Road Surface Type: Paved
  • Basement Description : Partial
  • Basement on Property:
  • Laundry Features : In Bathroom, Main Level
PROPERTY DETAILS
ID: 26038619
Status: Active
Price: $229,900
Acres: 0.25 Acres
Price Per Acre: $919,600
Type: Multi-family
Address: 118 W Chicago Road
City, State: Allen, Michigan
County: Hillsdale
Zip Code: 49227
Lat/Long: 41.957253, -84.768926
Presented By: Mary Playford
Phone:
Email: Click to Contact