Real Estate One®

Price change! Back on the market at no fault of the seller. Huge multi family with tons of potential in the city of Fennville. Currently set up as a duplex, but easy to convert back to a 3 or 4 plex. Unique opportunity for the savvy investor. One side is currently occupied by the seller - no tenants, which makes this a prime opportunity for the next owner. Updated electrical. Recent appraisal came in at 260k for the half that is occupied - leaving a huge upside for someone willing to put in the work to get the other side habitable. Most recent contractor estimates came in around 80-100k, with an estimated appraisal value of 450-500k. This will take a cash buyer, or some unique financing. Hurry and snag this wine country multi family before its too late! BATVAI See supplemental remarks. Have you ever wanted to break into the rental game and own your own multi-family property but don't know where to start? Are you willing to put in the sweat equity? Check out this opportunity for a current duplex with the ability to update the front house and create a 4plex. Back duplex is currently habitable, the front duplex needs to be rehabbed. Maybe this is not your dream home, but it could certainly be the path to your future dream home. Live in one unit and rent out the second unit while remodeling the 3rd and 4th unit. I understand this opportunity may not be for everyone, but if you are interested in living "almost free" while building your future rental portfolio, then give me a call. I have several lending partners standing by that are willing to do the owner/occupied financing or the construction/rehab loan that this property requires. Sellers are motivated! Call or text me for the details.