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About This Home

This 2-bedroom, 0-bathroom residential multi family at 258 E Adams Street in Ionia, MI is listed for $175,000. Built in 1947, on a 0.06 acres lot.

Agent Description

Maximize your ROI with this impeccably maintained duplex in the heart of Ionia. This is a rare ''plug-and-play'' opportunity where all the heavy lifting has already been completed, as the property has undergone a massive overhaul since 2018 designed to minimize future overhead and maximize peace of mind.

Significant capital improvements include a complete replacement of the main sewer line, new main water line, two new furnaces, two new water heaters, new vinyl siding, energy-efficient windows, new roof over the garage, and a freshly paved driveway and sidewalks.

The interior is equally impressive, featuring modernized kitchens with newer appliances and two 1-bedroom, 1-bathroom units that have enjoyed a consistent and strong occupancy history. The upper unit offers a premium feature for tenants with its own attached garage, adding further value to the asset.

Perfectly situated just a short distance from the trails, parks, and charming shops of Historic Downtown Ionia, this property is ideally positioned to attract and retain quality long-term residents. Whether you are looking to start your portfolio or add a low-maintenance cornerstone asset, this duplex is fully rented and ready for a seamless transition to its next owner.

Key Features

  • Built in 1947
  • 0.06 acre lot
  • 2 parking spaces

Property Details

2 full
2 spaces
1947

Monthly Cost Estimate

$936/mo

20% down · 6.5% · 30 years

Principal$127
Interest$758
Insurance$51

Estimates only. Actual payments may vary.

Location

258 E Adams Street

Ionia, MI 48846

Property Details

Construction

Aluminum Siding

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 2-bedroom, 0-bathroom residential multi family at 258 E Adams Street is listed at $175,000. The estimated monthly payment is $758 based on 20% down at 6.5% interest.

Key features include: Built in 1947, 0.06 acre lot, 2 parking spaces.

This property is listed by Rick D Hebden and can be reached at 5172428073 or rick_hebden@yahoo.com.

RH

Rick D Hebden

Agent at Keller Williams Realty Rivertown

(517) 242-8073

Listed by Keller Williams Realty Rivertown · View on Broker Site

MLS# 26015090· Source: listhub· Updated 49 days ago

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258 E Adams Street, Ionia, MI 48846

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