95 E Water Street
Newaygo, MI 49337
- – beds
- – baths
- – sqft
- 10,890 sqft lot
- 1960 build
- – on site
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This duplex is a fantastic opportunity for investors looking to implement the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat). Featuring split utilities, each unit operates independently, separate gas and electric meters making it perfect for generating rental income. With good bones, this property has great potential but needs work to reach its full value.For those interested in flexible financing, the seller is open to a land contract with $25,000 down, 10% interest, and $350 per month payments.
Listing courtesy of REALCOMP / RE/MAX Lakeshore
Last checked:
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Last updated Nov 11, 2024
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MLS# 71024052188 —
The Building
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Year Built:1960
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Construction Materials:Other
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Foundation Details:Michigan Basement
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# of Units Total:2
Interior
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Basement:Yes
Financial & Terms
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Land Contract:No
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Short Sale:Unknown
Location
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Directions:US-31 N, M-120 N, W 80th St and M-82 E to E Water St in Newaygo turn left at the 1st cross street onto E Water St
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Directions From North South Detail:Justice & Fair St
The Property
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Property Type:Multifamily
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Parcel Number:1919105011
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Lot Size Dimensions:83x132
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Lot Size Area:0.25
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Frontage Feet:83
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Waterfront:No
Listing Agent
- Contact info:
- Agent phone:
- (616) 638-3900
- Office phone:
- (616) 935-1150
The Listing
Heating & Cooling
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Heating:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer:Public Sewer (Sewer-Sanitary)
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Water Source:Public (Municipal)
Schools
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School District:Newaygo
Parking
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Total Parking:2
Extra Units
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Unit Count:12
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Unit Two Bed Number Of:2
IDX provided courtesy of Realcomp II Ltd., via Estately and West Michigan Lakeshore Association of REALTORS®, © 2024 Realcomp II Ltd. Shareholders
RE/MAX Lakeshore
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 |
---|---|---|---|---|
11/4/24
Nov 4, 2024
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Sold | REALCOMP | $54,500 | -9.2% |
10/10/24
Oct 10, 2024
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Pending | REALCOMP | $60,000 | |
10/3/24
Oct 3, 2024
|
Listed / Active | REALCOMP | $60,000 |