About This Home
This 18-bedroom, 0-bathroom residential multi family at 323 E Bell Street #101 in Camden, MI is listed for $799,999. Built in 1990, on a 5.00 acres lot.
Key Features
- Built in 1990
- 5.00 acre lot
- 40 parking spaces
Property Details
Amenities
An exceptional value-add investment opportunity, this 20 unit apartment building at 323 E Bell St in Camden sits on a spacious 5 acre lot and offers tremendous upside potential for the right buyer. The unit mix features twelve 2-bedroom apartments and eight 1-bedroom apartments, ideal for capturing local rental demand.
Major capital improvements have already been completed-including a new roof, updated camera system, and approximately 70% of the interior unit rehabs finished- drastically reducing the initial CapEx and timeline needed to reach full stabilization. Offered at $799,999 (under $40K per door), this property is being sold as a cash only deal, giving a buyer or investor the perfect entry point to complete the remaining interior updates, place qualified tenants, and maximize their rental yield.
Monthly Cost Estimate
$4,279/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
323 E Bell Street #101
Camden, MI 49232
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 18-bedroom, 0-bathroom residential multi family at 323 E Bell Street is listed at $799,999. The estimated monthly payment is $4,278 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1990, 5.00 acre lot, 40 parking spaces.
This property is listed by Jill G Vella and can be reached at 5173177448.