Login

Address Withheld By Seller, Big Rapids, MI 49307

Big Rapids
Local realty services provided by:CENTURY 21 Curran & Oberski
Address Withheld By Seller,Bigrapids, MI 49307
$500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: alexia hoffman
Office: exp realty llc.
MLS#:65026020346
Source:MI_REALCOMP

Sorry, we are unable to map this address


Price summary

  • Price:$500,000

About this home

Fully occupied 6-unit multifamily investment opportunity in Big Rapids near Ferris State University. Unit mix includes five 2 bed/1 bath apartments and one 4 bed/1 bath unit totaling approximately 5,500 sq ft. Tenants pay gas and electric. Each unit has a separate water meter, creating immediate opportunity to bill back water and increase NOI. Coin-op laundry generates approximately $300/month in additional income. Three of six furnaces are newer (under 2 years old), reducing near-term capital expenses. Area 2-bedroom rents are trending closer to $1,050/month, leaving upside through unit turns and light cosmetic updates, particularly Unit 5. Onsite parking for approximately 8 vehicles. Strong rental demand driven by Ferris State and the surrounding employment base makes this a stable cash flow and value-add opportunity.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:65026020346
  • Added:3 day(s) ago
  • Updated:May 16, 2026 at 10:00 AM

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1900
  • Lot area:0.21 Acres
  • Lot Features:Level
  • Construction Materials:Vinyl Siding
  • Foundation Description:Michigan Basement

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer at Street

Finances and disclosures

  • Price:$500,000
  • Tax amount:$5,688

Features and amenities

  • Laundry features:In Basement, Upper Level

Parking

  • Total parking spaces:8
  • Parking description:Paved
MLS Logo

New listings near 49307