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Listing provided courtesy of RE/MAX Elite Group T.R.- MLS# 26019285MLS Provider

505 E Chicago RoadWhite Pigeon, MI 49099

Multi-Family · 0.28 Acres
$270,000 Active

505 E Chicago Road Overview

Time on Site:
60 days
Visits:
1

Discover this well-maintained tri-plex offering excellent rental income potential and a great location within walking distance from the schools, pharmacy, park, restaurants and stores! This property features three spacious units; each designed for comfortable living and long-term tenant appeal. Each unit includes a range and refrigerator, ensuring immediate move-in readiness. The property also offers ample outdoor parking space as well as a personal garage, providing convenient, covered and secured parking for the tenants or additional storage options. With separate entrances, functional layouts, and a very strong rental demand in the area, this tri-plex is ideal for both owner-occupants and savvy investors seeking steady cash flow.

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505 E Chicago Road Facts & Features

  • Type Multi-Family
  • Lot 0.28 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1950

Location/Region

  • County Or Parish: St. Joseph

Rent/Lease Information

  • Tenant Pays: Electric,Water,Trash,Sewer,Gas

Tax Information

  • Tax Annual Amount: 3066.56

General Information

  • Parcel Number: 7504512001000
  • Property Sub Type: 2 to 4 Units
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

    Exterior

    Lot Information

    • Lot Features: Level,Sidewalk
    • Lot Size Acres: 0.28
    • Lot Size Area: 0.28
    • Lot Size Dimensions: 65 x 175 x 210 x 30 x 140 x150
    • Lot Size Square Feet: 12197.0
    • Lot Size Units: Acres
    • Road Surface Type: Paved

    Waterfront/View

    • Waterfront: No

    Building Exterior/Construction

    • Construction Materials: Vinyl Siding
    • Roof: Composition

    General Information

    • Number Of Units Total: 3
    • Utilities: Phone Available,Natural Gas Connected,Electricity Connected,Cable Connected

    505 E Chicago Road Neighborhood

    Community

    49099 (White Pigeon) Demographics

    43
    Median Age
    96
    Population Density (per sq. mile)
    24%
    College Educated
    $50,135
    Estimated Median Income
    1,904
    Estimated Total Home Owners
    601
    Estimated Total Renters
    76% / 24%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    505 E Chicago Road Monthly Cost

    $
    $ %
    %
    $
    $
    Randall Fowlkes
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    505 E Chicago Road Market Data

    Based on the last 30 days in this zip code

    $707,456
    Average List Price
    $328
    Average Price per Square Foot
    3
    Properties Sold
    89
    Average Days on Market
    39
    Properties for Sale
    Calculations provided by Reliance Network