301 Nicholas Avenue

Palmer MI 49871

3072 sq. ft.

0.26 ac.

Multi-Family

Currently for sale - view listing

Overview

This well-maintained four-unit apartment building in Palmer offers a strong rental history and consistent occupancy, making it an attractive addition to an investment portfolio. Each unit features two bedrooms and one full bathroom, with recent updates to the bathrooms and flooring. All four units are currently occupied under year-long leases at $850 per month, with tenants responsible for their own electric service. A coin-operated laundry area in the basement provides added convenience, while indoor storage spaces offer tenants extra room for their belongings. Palmer is a small community known for its welcoming atmosphere and neighborly feel, while also offering convenient proximity to a major area employer. With steady income potential and practical tenant features, this fully occupied property presents an appealing investment opportunity with an established rental history.

Features

8 bedrooms

4 bathrooms

3072 sq. ft. floor area

0.26 ac. lot size

Multi-Family

Property history for 301 Nicholas Avenue

2016

Sold

$99,900

16 Mar 2016 by CRYSTAL BARR BERGLUND, of REMAX 1st Realty | Marquette

Happy sellers in Palmer

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Local market activity for 8 bedroom multi families in Palmer

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

ADAM KARKI

at KELLER WILLIAMS FIRST UP

View listing

Sales:: (619) 566-0008

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