Active

121 E Michigan Street

New Buffalo, Michigan 49117

$590,000 $2,487/Mo

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Overview

Bed

Bath

0.14

Acre(Lot)

Description

Exceptional income-producing opportunity in the heart of New Buffalo! This triplex features three units, each with private entrances and individual electric and water services, allowing for efficient management and tenant-paid utilities. All units are currently leased month-to-month, providing immediate income with the ability to adjust rents or reposition. The first unit lives like a single-family home with three bedrooms, 1.5 baths, a four-season room, private backyard, and side circle parking. Unit two includes one bedroom, one bath, updated electrical, and an unfinished basement with a second full bath and potential for additional living space. The third unit offers ravine views, one bedroom and one bath on the main level, plus a finished lower level with bedroom, bath, and separate en trance. Current rents are below market, presenting a clear value-add opportunity to increase income and improve overall return. Located minutes from beach, and all downtown amenities.

Property Details

Property Type : Multifamily

Price : $590,000

AD Id : 77792160

MLS Id : 69026018412

Beds : 7

Lot Size : 0.14 Acre

Year Built : 1955

County : Berrien

Map

What's Nearby

Nearby Areas

Features

Interior Features

Cable Available Roof: Composition
Heating & Cooling

Cooling: Window Unit(s) Heating: Forced Air Heating Fuel: Natural Gas

Building Information

Year Built: 1955 Total Units: 3 Roof: Composition Foundation/Basement: Michigan Basement
Utility Features

Sewer: Sewer (Sewer-Sanitary),Sewer at Street
Water

Public (Municipal)

Lot Information

Lot Size: 0.14 Lot Dimensions: 87 x 132 Frontage Feet: 87
Property Information

Financing: Cash,Conventional

Listing Price Information

Original List Price: $590,000
Listing Information

Possession: Subject To Tenant Rights Legal Description: LOT 1 BLK 11 ROSE ADD TO VILLAGE OF NEW BUFFALO ALSO THAT PT OF LOT 11 BLK 11 SD ADD LYING DIRECTLY BEHIND SD LOT 1 ALSO THE SLY 33'OF VAC MICHIGAN ST FROM TOWNSEND ST EXT WLY 124.5'PER 1213/619

Tax Information

Annual Tax: $5,142 Parcel Number: 116267500137006
Possession

Subject To Tenant Rights
Legal Information

Legal Description: Section: LOT 1 BLK 11 ROSE ADD TO VILLAGE OF NEW BUFFALO ALSO THAT PT OF LOT 11 BLK 11 SD ADD LYING DIRECTLY BEHIND SD LOT 1 ALSO THE SLY 33'OF VAC MICHIGAN ST FROM TOWNSEND ST EXT WLY 124.5'PER 1213/619

Unit 2 Information

# of Bedrooms: 2
Unit 3 Information

# of Bedrooms: 1

School Information

School District: New Buffalo
Utility Information

Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street

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ByOwner last updated this listing 06/19/2026 @ 01:04

MLS: 69026018412 LISTED BY: James Garrison , Keller Williams Realty SWM 269-469-2911 SOURCE: Realcomp II Ltd