$475,000
4195 N Weber Road
Whitehall, MI, 49461
This rare opportunity for 6 good rental units under one much-improved 1970s building, is one to jump on! With 3 two bed units, and 3 one bed units, roof and siding new in 2020, all new exterior decking, stairs and sliders added by the current owner, the exterior is in great shape. Current owner has remodeled and updated 4 out of 6 units and brought rents up in all units. Two 2-bed units with longstanding tenants remain to be remodeled to maximize the potential of this great investment opportunity and bring up those rents to market value and a potential for a 9 % cap rate. Unit 6 has a small bonus room, that could be an office. 7th unit could be created from storage area. New drain field was put in Dec 2024. Coin-operated shared laundry brings in extra income. This property is only 3.9 miles from Duck Lake state park and commuting distance from large manufacturing plants Howmet Aerospace and Hilite. Reeths Puffer school district.
Property Details
Price:
$475,000
MLS #:
25002289
Status:
Active
Beds:
0
Baths:
0
Address:
4195 N Weber Road
Type:
Single Family
Subtype:
5+ Units
City:
Whitehall
Listed Date:
Jan 19, 2025
State:
MI
ZIP:
49461
Lot Size:
13,373 sqft / 0.31 acres (approx)
Year Built:
1979
Schools
School District:
Reeths-Puffer
Interior
Fireplaces Total
1
Heating
Baseboard, Forced Air
Laundry Features
Common Area, In Basement, Laundry Room
Exterior
Construction Materials
Block, Vinyl Siding
Parking Features
Asphalt, Driveway, Paved
Parking Spots
13
Roof
Composition
Financial
Tax Year
2024
Taxes
$4,180
Mortgage Calculator
Map
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4195 N Weber Road
Whitehall, MI
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