328 S Warren Avenue, Big Rapids, MI 49307

$314,900

bedrooms

bathrooms

square feet

Acreage

0.3

Open Houses

year built

1950

Full Baths

Half Baths

Find out more

INVESTMENT OPPORTUNITY!! Buy this 4-unit for a great addition to your portfolio, or move into one of the units and collect rent from 3 other units with an FHA / VA loan! This property boasts $4,180 /mo. in gross rents at a 10.2% Cap rate. See attached pro forma. All leases are month-to-month. Tenants pay ALL utilities & all units are separately metered. Professionally managed. This property features a charming old house duplex on the same lot with a newer, traditional side-by-side duplex. All units have their own laundry. Great tenants, very low-maintenance. All tenants are on M2M leases. One tenant is currently in the process of moving out, so it could be vacant at close for an owner-occupied buyer, or we could place a new tenant for you if you are an investor! Schedule your tour today!

Location
Subdivision	-
County	Mecosta
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 25012425

Listing agent: Tyler Johnson

Listing broker: Clear Realty Group (616) 799-2903

Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Thursday, April 17 2025 at 1:22 a.m. EDT

Kotohomes National