Courtesy of Keller Williams Realty SWM, James Garrison

121 E Michigan Street, New Buffalo, Michigan, 49117

$590,000
0.14 Acres
7 bd
#26018412
Exceptional income-producing opportunity in the heart of New Buffalo! This triplex features three units, each with private entrances and individual electric and water services, allowing for efficient management and tenant-paid utilities. All units are currently leased month-to-month, providing immediate income with the ability to adjust rents or reposition. The first unit lives like a single-family home with three bedrooms, 1.5 baths, a four-season room, private backyard, and side circle parking. Unit two includes one bedroom, one bath, updated electrical, and an unfinished basement with a second full bath and potential for additional living space. The third unit offers ravine views, one bedroom and one bath on the main level, plus a finished lower level with bedroom, bath, and separate entrance. Current rents are below market, presenting a clear value-add opportunity to increase income and improve overall return. Located minutes from beach, and all downtown amenities.

PROPERTY FEATURES

  • Utilities : Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Sewer Available, Water Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Parking Features: Shared Driveway, Unpaved
  • Parking Total: 6
  • Cooling on Property:
  • Cooling: Window Unit(s)
  • Heating on Property:
  • Heating : Natural Gas, Forced Air
  • Construction Materials: Wood Siding
  • Roof: Composition
  • Road Surface Type: Paved
  • Basement Description : Full, Partial
  • Basement on Property:
PROPERTY DETAILS
ID: 26018412
Status: Active
Price: $590,000
Acres: 0.14 Acres
Price Per Acre: $4,214,286
Type: Multi-family
Address: 121 E Michigan Street
City, State: New Buffalo, Michigan
County: Berrien
Zip Code: 49117
Lat/Long: 41.793064, -86.742294
Presented By: James Garrison
Phone:
Email: Click to Contact