70 N Lester Avenue
White Cloud, MI 49349
- – beds
- – baths
- – sqft
- ~3 acre lot
- 1980 build
- – on site
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.
Last checked:
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Last updated Nov 10, 2024
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MLS# 65024054434 —
The Building
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Year Built:1980
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Construction Materials:Vinyl, Wood
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Roof Material:Composition, Metal
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Foundation Details:Slab
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# of Units Total:32
Interior
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Features:Laundry Facility
Financial & Terms
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Land Contract:No
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Short Sale:Unknown
Location
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Directions:North on 37. Turn left(W) on Pine Hill St, turn right (N) on Lester
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Directions From North South Detail:North St & Pine Hill
The Property
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Property Type:Multifamily
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Parcel Number:1132300039
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Zoning:Commercial
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Lot Size Dimensions:327 x 399
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Lot Size Area:3.12
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Frontage Feet:327
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Waterfront:No
Listing Agent
- Contact info:
- Agent phone:
- (616) 227-9744
- Office phone:
- (616) 890-7794
Taxes
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Total Taxes:$27,425.33
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Tax Amount Summer:$27,425.33
The Listing
Heating & Cooling
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Cooling:Wall Unit(s)
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Heating:Hot Water
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Heating Fuel:Natural Gas
Utilities
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Sewer:Public Sewer (Sewer-Sanitary), Sewer at Street
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Water Source:Public (Municipal), Water at Street
Appliances
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Laundry Facilities:Yes
Schools
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School District:White Cloud
Parking
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Total Parking:40
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MF Parking:Garages
Extra Units
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Unit Count:12
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Unit One Bed Number Of:1
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Unit Two Bed Number Of:1
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Unit Three Bed Number Of:1
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Unit Four Bed Number Of:1
IDX provided courtesy of Realcomp II Ltd., via Estately and Greater Regional Alliance of REALTORS®, © 2024 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
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.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/15/24
Oct 15, 2024
|
Listed / Active | REALCOMP | $2,720,000 |
