57035 Bonne Terre, New Hudson, MI 48165
Local realty services provided by:CENTURY 21 Northland
57035 Bonne Terre,New Hudson, MI 48165
$699,990
- - Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: christine tiderington
Office: coldwell banker town & country
MLS#:60403292
Source:MI_REALSOURCE
Price summary
- Price:$699,990
About this home
Rare Quadplex Investment Opportunity – Fully Rented & Ideally Located!Excellent opportunity to own a fully rented 4-unit multifamily property in a high-demand area. This well-maintained community includes two 1-bedroom/1-bath units and two 2-bedroom/1-bath units - all ranch-style homes with smart, efficient layouts. Each unit is on a month-to-month lease, offering flexibility for future rent adjustments or redevelopment. Tenants enjoy private carports, a shared laundry facility, and spacious yards that back to a peaceful creek - a unique and appealing setting. The current owner has been top-notch with ongoing maintenance, ensuring the homes remain clean, functional, and easy to rent. Two tenants are long-term, and thanks to the location and overall condition, rental demand remains strong. Current rents are below market due to long-standing tenant relationships, presenting immediate upside potential for a new owner. Zoned multifamily with the township, the property offers expansion potential, such as adding additional units, increasing density, or reconfiguring existing structures for higher-value use (subject to township approval). With all ranch-style homes and utilities already in place, future development is more accessible and cost-effective. This is a turn-key investment with built-in value-add potential - perfect for both seasoned investors and those looking to grow their portfolio with a reliable, income-producing asset. *Please Do Not Walk this Property Without Showing Confirmation*
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Home facts
- Year built:1965
- Listing ID #:60403292
- Added:183 day(s) ago
- Updated:December 04, 2025 at 11:43 AM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard
Structure and exterior
- Year built:1965
- Lot area:0.72 Acres
Utilities
- Water:Private Well
- Sewer:Septic
Finances and disclosures
- Price:$699,990
- Tax amount:$3,401
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