$134,500
5 beds 2 baths 1 half baths 2,400 sq. ft.
42.594036 -86.101875
$134,500
Est. Monthly $925 with $2,899 in taxes recalculate
5 beds 2 baths 1 half baths 2,400 sf
 

103-107 Sherman St
Fennville, MI 49408

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Multi-Family (2-4 Units) - Here is the income property you have always wanted. Two large residential units of 1200 sqft each, generating total income of $1250 per month. At this rental rate, you can easily recoup your investment. Utilities are metered separately to the tenants. Landlord pays property tax, insurance, trash & mowing. Both units have space for washer and dryer within the unit. They rent easily as these are larger than most rentals in the area. FHA financing available if you live in one and rent out the other . One unit has 3 bedrooms and 1.5 baths and the other 2 bedrooms and one bath. Two parking spaces off street. Walk to hardware, grocery store, restaurants and drug store. Allow 24 hours notice for showings as tenants are in residence.
MLS # 16012026
Listed By CENTURY 21 Affiliated
62 Center St., Douglas, MI 49406

Have A Question? Contact Office Contact CENTURY 21 Affiliated

CENTURY 21 Affiliated
62 Center St.
Douglas, MI 49406
269.­857.2121
269.­857.2121
CENTURY 21 Affiliated
62 Center St. Douglas, MI 49406
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Property Features

  • Style: Other Style

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $925Your estimated monthly payment
    $26,90020% Down Payment
    $134,500 $121,050 $2,899
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    FENNVILLE ELEMENTARY SCHOOL
    Grades PRESCHOOL-5 | Public School

    FENNVILLE, MI 49408
    5 MEMORIAL DR
    269-561-7231
    0.4
    miles

    Total Students 650
    Student Teacher Ratio 18:1

    School Rating

    1 star View School Details
    Middle School
    FENNVILLE MIDDLE SCHOOL
    Grades 6-8 | Public School

    FENNVILLE, MI 49408
    1 MEMORIAL DR
    269-561-7341
    0.4
    miles

    Total Students 300
    Student Teacher Ratio 17:1

    School Rating

    1 star View School Details
    High School
    FENNVILLE PUBLIC HIGH SCHOOL
    Grades 9-12 | Public School

    FENNVILLE, MI 49408
    4 MEMORIAL DR
    269-561-7241
    0.4
    miles

    Total Students 444
    Student Teacher Ratio 22:1

    School Rating

    2 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Pearl Alternative / Star Education 0.4 mi Public 9-12
    Saugatuck Middle School 6.6 mi Public 6-8
    Saugatuck High School 6.6 mi Public 6-12

    Local Area Information for Fennville, MI 49408

    Median Age: 43.5
    Married: 43.3%
    Number of Households: 3,727
    Households with Children: 1,054
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
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      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.