$270,000 For Sale

505 E Chicago Road
White Pigeon, MI 49099

3 units | Multi Family Home
12197 sq ft lot - MLS# 25057837
Property Photo
1/22

Description

Discover this well-maintained tri-plex offering excellent rental income potential and a great location within walking distance from the schools, pharmacy, park, restaurants and stores! This property features three spacious units; each designed for comfortable living and long-term tenant appeal. Each unit includes a range and refrigerator, ensuring immediate move-in readiness. The property also offers ample outdoor parking space as well as a garage, providing convenient, covered and secured parking for the tenants or additional storage options. With separate entrances, functional layouts, and a very strong rental demand in the area, this tri-plex is ideal for both owner-occupants and savvy investors seeking steady cash flow.

Features

  • Property Type: Multi Family Home
  • Sub Type: 2 to 4 Units
  • Listing Status: Active
  • County/Area: St. Joseph County
  • Zip Code: 49099
  • Year Built: 1950
  • School District: White Pigeon
  • Units: 3 units
  • Basement: Michigan Basement, Yes, Yes
  • # of Parking Spaces: 6
  • Lot Size: 12197 sq ft lot
  • Construction Materials: Vinyl Siding
  • Cooling: Central Air
  • Cross Street: Athletic & Laird
  • Directions: US 12 East of Shell gas station and across from White Pigeon Pharmacy.
  • Driveway: Shared Unpaved
  • Extras: Garages, Sep Electric Meter, Tenant Storage
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Heating: Forced Air
  • Lot Description: Level, Sidewalk
  • Lot Features: Level, Sidewalk
  • Lot Size Area: 0.28
  • Lot Size Square Feet: 12197
  • Lot Size Units: Acres
  • MLS Area Major: St. Joseph County - J
  • MLS Area Minor: St. Joseph County - J
  • Main Type: Multi Family
  • Number Of Buildings: 1
  • Number Of Diff Unit Floor Plans: 3
  • Ownership: Private Owned
  • Parcel Number: 045-120-010-00
  • Possession: Close Of Escrow, Subject To Tenant Rights
  • Road Frontage: 65
  • Road Surface Type: Paved
  • Roof: Composition
  • SEV: 99700
  • Sewer: Public Sewer
  • Spec Assessment Ty: None Known
  • Street Type: Paved, Public
  • Tax Annual Amount: 2967.84
  • Tax Legal Description: E 65 FT OF LOT 2 BLK 2 ALSO LOTS 3 & 4 BLK 2 EXC N 120 FT LAIRD'S ADD. SEC 6 T8S R11W. VIL OF WHITE PIGEON. ALSO EXC PT OF LOT 2 BLK 2 DESC AS COM AT SW COR OF E 65 FT SD LOT 2 TH NLY ALG W LN SD E 65 FT LOT 2 30 FT TH SLY TO PNT ON S LN OF E 65 FT O F LOT 2 1 FT E OF POB TH W TO POB.
  • Tax Year: 2024
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Terms Available: Cash, Conventional
  • Township: White Pigeon Vllg
  • Util Availat Street: High Speed Internet, Phone Available
  • Utilities: Cable Connected, Natural Gas Connected, Electricity Connected, Phone Available
  • Water Source: Public
  • Zoning Description: Residential
Courtesy of Dustin Kline, RE/MAX Elite Group T.R.
Source: Michigan Regional Information Center (MichRIC)
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