$264,900
Big Rapids, MI 49307
MLS# 25002888
1 / 59
Property Description
Investors take notice! This 3 unit apartment building/investment property has been a cash cow for many years, has the perfect space for a 4th unit to be fitted out (contingent on city approval for a 4th unit) , and a location that can hardly be beat..a couple blocks away from Ferris State University...literally in the heart of downtown. With its big backyard, plenty of parking, an attached 2+ car garage, and an unbeatable location, you are sure to appreciate the opportunity this iconic downtown fixture has to offer you. Call for more information! Current rent is $1000 for upstairs, $700 south unit, $750 north unit, all on a month to month. These rents reflect the long term owner relationship with the renter, and are less than the market rates.
Details
Maps
Location & Property Info
Cross Streets: M-20
Property Sub-Type: 2 to 4 Units
Area: West Central - W
Municipality: Big Rapids
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 150x50
Road Frontage: 50
Waterfront: No
Basement: Yes
Total # Units: 12
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Parking Spaces: 1
School District: Big Rapids
Lot Measurement: Acres
Lot Square Footage: 7405
Lot Acres: 0.17
Year Built: 1900
Tax Info
Taxable Value: 99250
SEV: 168800
For Tax Year: 2024
Seller's Annual Property Tax: 5094
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: None
Tax ID #: 5417-14-104-004
Remarks & Misc
Public Remarks: Investors take notice! This 3 unit apartment building/investment property has been a cash cow for many years, has the perfect space for a 4th unit to be fitted out (contingent on city approval for a 4th unit) , and a location that can hardly be beat..a couple blocks away from Ferris State University...literally in the heart of downtown. With its big backyard, plenty of parking, an attached 2+ car garage, and an unbeatable location, you are sure to appreciate the opportunity this iconic downtown fixture has to offer you. Call for more information! Current rent is $1000 for upstairs, $700 south unit, $750 north unit, all on a month to month. These rents reflect the long term owner relationship with the renter, and are less than the market rates.
Legal: 000117 S WARREN AVENUE: WARREN AND IVES' PLAT (ORIGINAL PLAT) -- BLK 21, LOT 4.
Util Avail at Street
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
Laundry Features
None: 1
Exterior Material
Brick: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
Substructure
Full: 1
Owner Pays
None: 1
Unit 1
Unit Description: Main Level
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: Main Level
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: Upper Level
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: 0
Unit 5
Unit Description: 0
Unit 6
Unit Description: 0
Unit 7
Unit Description: 0
Unit 8
Unit Description: 0
Unit 9
Unit Description: 0
Unit 10
Unit Description: 0
Unit 11
Unit Description: 0
Unit 12
Unit Description: 0
Location Property Info
County: Mecosta
Street #: 117
Street Direction: S
Street Name: Warren
Suffix: Avenue
State: MI
Zip Code: 49307
OfficeContract Info
Status: Active
Current Price: $264,900
List Price: $264,900
Listing Date: 2025-01-24
Remarks Misc
Directions: via google maps: https://maps.app.goo.gl/grmi8AU14Zr4q3KR9
Property Features
Laundry Features: None
Exterior Material: Brick
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Natural Gas Connected
Util Avail at Street: Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Terms Available: Cash; Conventional; FHA
Sale Conditions: None
Listing Office: RE/MAX TOGETHER
Listing Agent: Joseph McNally
Last Updated: April - 07 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.