Active

118 W Chicago Road

Allen, Michigan 49227

$249,900 $1,053/Mo

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Overview

Bed

Bath

0.25

Acre(Lot)

Description

Excellent investment opportunity between Jonesville & Coldwater on US-12 ! This well-maintained four-unit apartment building features three apartments on the main level and one spacious apartment upstairs, offering outstanding income-producing potential. Apartment A has been beautifully renovated '26, while the additional apartments feature comfortable living spaces with unique character and strong rental appeal. Attached garage/storage building. This property presents an exceptional opportunity for investors seeking immediate rental income and long-term appreciation. Seller currently occupies one main-level apartment and will lease it back after closing for $650 per month, with lease-back terms to be negotiated as part of the purchase agreement. Do not view without an appointment with age nt.

Property Details

Property Type : Multifamily

Price : $249,900

AD Id : 88437180

MLS Id : 53026038619

Beds : 5

Lot Size : 0.25 Acre

Year Built : 1900

Garage : Garage

County : Hillsdale

Map

What's Nearby

Nearby Areas

Features

Interior Features

Laundry Facility,Cable Available Roof: Composition
Heating & Cooling

Heating: Forced Air Heating Fuel: Natural Gas

Building Information

Year Built: 1900 Total Units: 4 Roof: Composition Foundation/Basement: Michigan Basement
Utility Features

Sewer: Septic Tank (Existing)
Water

Well (Existing)

Lot Information

Lot Size: 0.25 Lot Dimensions: Irregular Frontage Feet: 77
Property Information

Financing: Cash,Conventional

Listing Price Information

Original List Price: $249,900
Listing Information

Possession: At Close Legal Description: Per legal at court house

Tax Information

Annual Tax: $1,134 Parcel Number: 3005075001065
Possession

At Close
Legal Information

Legal Description: Section: Per legal at court house

Unit 1 Information

# of Bedrooms: 2
Unit 3 Information

# of Bedrooms: 1

School Information

School District: Quincy
Utility Information

Water: Well (Existing) Sewer: Septic Tank (Existing)

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ByOwner last updated this listing 08/02/2026 @ 12:21

MLS: 53026038619 LISTED BY: Mary Playford , Playford Real Estate 517-849-7622 SOURCE: Realcomp II Ltd