$499,000
Hastings, MI 49058
MLS# 26009424
1 / 20
Property Description
*Rare investment opportunity* Well-maintained 4-unit apartment building in Hastings offered for the first time. Each unit has 2 bedrooms and 1 bath and is fully leased with a strong rental history. Current rents are $990 (2 units) and $1,050 (2 units) with upside potential as rents are currently below market rental rates. Landlord pays water and gas. Property features coin laundry in common area, locked tenant storage, private slider door out to a patio or deck and a covered walkway with automatic garage door access for parking. Major components including roof, boiler, and mechanicals have been well maintained. Two long-term tenants (5 and 15 years) are month-to-month, with two units on annual leases. Solid investment opportunity with stable income and room for future rent growth. Call a local trusted Realtor today for operating information or to schedule a tour.
Details
Maps
Documents
Location & Property Info
Cross Streets: State Rd
Property Sub-Type: 2 to 4 Units
Municipality: City of Hastings
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 131.04
General Property Info
New Construction: No
Lot Dimensions: 132x110
Road Frontage: 242
Cert of Compliance: Yes
Waterfront: No
Basement: No
Total # Units: 4
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 3808
Total Parking Spaces: 10
School District: Hastings
Lot Measurement: Acres
Lot Square Footage: 14375
Lot Acres: 0.33
Year Built: 1990
Tax Info
Taxable Value: 104249
SEV: 113600
For Tax Year: 2025
Seller's Annual Property Tax: 5400
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: unknown
Zoning: A-O
Tax ID #: 085504002650
Remarks & Misc
Public Remarks: *Rare investment opportunity* Well-maintained 4-unit apartment building in Hastings offered for the first time. Each unit has 2 bedrooms and 1 bath and is fully leased with a strong rental history. Current rents are $990 (2 units) and $1,050 (2 units) with upside potential as rents are currently below market rental rates. Landlord pays water and gas. Property features coin laundry in common area, locked tenant storage, private slider door out to a patio or deck and a covered walkway with automatic garage door access for parking. Major components including roof, boiler, and mechanicals have been well maintained. Two long-term tenants (5 and 15 years) are month-to-month, with two units on annual leases. Solid investment opportunity with stable income and room for future rent growth. Call a local trusted Realtor today for operating information or to schedule a tour.
Legal: CITY OF HASTINGS ELY 110 FT LOTS 3 & 4 BLK 4 R J GRANTS ADDITION
Waterfront Options
Water Access Y/N: No
Lot Description
Corner Lot: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
High Speed Internet: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Tax Def Exchange: 1
Laundry Features
Common Area: 1
In Hall: 1
Upper Level: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Radiant: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Trash: 1
Driveway
Asphalt: 1
Paved: 1
Substructure
Slab: 1
Extras
Garages: 1
Laundry Facility: 1
Tenant Storage: 1
Owner Pays
Gas: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Lower Left
SqFt: 855
Occupied: Yes
Monthly Rent: 990
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: Upper Left
SqFt: 855
Occupied: Yes
Monthly Rent: 1050
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Unit 3
Unit #: 3
Unit Description: Lower Right
SqFt: 855
Occupied: Yes
Monthly Rent: 990
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Refrigerator: 1
Unit 4
Unit #: 4
Unit Description: Upper Right
SqFt: 855
Occupied: Yes
Monthly Rent: 1050
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Barry
Street #: 602
Street Direction: N
Street Name: Church
Suffix: Street
State: MI
Zip Code: 49058
OfficeContract Info
Status: Active
Current Price: $499,000
List Price: $499,000
Listing Date: 2026-03-12
Remarks Misc
Directions: From Hastings take Broadway to State Rd. East. One the corner of State Rd and Church one block East of Broadway
Property Features
Laundry Features: Common Area; In Hall; Upper Level
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Slab
Lot Description: Corner Lot
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: High Speed Internet
Extras: Garages; Laundry Facility; Tenant Storage
Owner Pays: Gas; Water
Tenant Pays: Electric; Trash
Heat Source: Natural Gas
Heat Type: Baseboard; Radiant
Air Conditioning: Window Unit(s)
Driveway: Asphalt; Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional; Tax Def Exchange
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: A/C Unit; Deck/Patio; Dishwasher; Garage; Range Oven; Refrigerator
Unit 2: A/C Unit; Deck/Patio; Dishwasher; Garage; Range/Oven; Refrigerator
Unit 3: Range/Oven; A/C Unit; Deck/Patio; Dishwasher; Garage; Refrigerator
Unit 4: A/C Unit; Deck/Patio; Dishwasher; Garage; Range/Oven; Refrigerator
Sellers Disclosure and Lead Base Paint 
Listing Office: Miller Real Estate
Listing Agent: Jess A Webb
Last Updated: March - 12 - 2026
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