108 E Exchange Street
Gobles, Michigan 49055
3
Bed
0
Bath
0.02Acre(Lot)
Great investment opportunity in quiet location next to the Post Office in downtown Gobles. Excellent cash flow opportunity with three 1-bedroom units that have split utilities, so the tenants pay gas and electric. Low maintenance with metal roof, vinyl siding, replacement windows, 3 new water heaters, furnace in unit 1 is 4 years old and the current owner has added a washer and dryer in each unit. Each unit has access to a deck to relax on and there is ample parking in front and in back.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Cable Available Roof: Metal -
Heating & Cooling
Cooling: Window Unit(s) Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1900 Total Units: 3 Roof: Metal Foundation/Basement: Michigan Basement -
Utility Features
Sewer: Septic Tank (Existing) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.02 Lot Dimensions: 100 x 76 Frontage Feet: 176 -
Property Information
Financing: Cash,Conventional,FHA,VA
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Listing Price Information
Original List Price: $229,000 -
Listing Information
Possession: At Close Legal Description: 18-F4 30-1-13 612-153 1125-590 1171-356 1367-217 1710-506/7 1738-104/5 *** E 76 FT OF LOT 1. ALSO E 76 FT OF N 34 FT OF LOT 4. BLOCK 6 GOBLES ADDITION
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Tax Information
Annual Tax: $3,277 Parcel Number: 805120600100Possession
At CloseLegal Information
Legal Description: Section: 18-F4 30-1-13 612-153 1125-590 1171-356 1367-217 1710-506/7 1738-104/5 *** E 76 FT OF LOT 1. ALSO E 76 FT OF N 34 FT OF LOT 4. BLOCK 6 GOBLES ADDITION
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Unit 1 Information
# of Bedrooms: 3
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School Information
School District: Gobles -
Utility Information
Water: Public (Municipal) Sewer: Septic Tank (Existing)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 12247 M-40 , Gobles, MI, 49055 | $200,000 | -- | -- | -- | 0.80 Acre |
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ByOwner last updated this listing 10/03/2026 @ 21:05
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