This 3-bedroom, 3-bathroom residential multi family at 108 E Exchange Street in Gobles, MI is listed for $229,000. Built in 1900, on a 0.02 acres lot.
Key Features
Built in 1900
0.02 acre lot
5 parking spaces
Property Details
3 full
5 spaces
1900
Amenities
A/C
Listing Description
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.
Monthly Cost Estimate
$1,225/mo
20% down · 6.5% · 30 years
Principal$166
Interest$992
Insurance$67
Estimates only. Actual payments may vary.
Location
108 E Exchange Street
Gobles, MI 49055
Property Details
Construction
Vinyl Siding
Parking
Driveway
Heating
Forced Air
Cooling
Window Unit(s)
Questions & Answers
This 3-bedroom, 3-bathroom residential multi family at 108 E Exchange Street is listed at $229,000. The estimated monthly payment is $1,225 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.02 acre lot, 5 parking spaces.
