22 N 4th Street, Niles 49120

$150,000

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MLS#: 16040695
• For Sale
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248-304-6700

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248-208-3883

1 block off Niles downtown business district across the street from Hardings Grocery Store. Currently used as a 5 unit rental, great location for small business' or office's. Very possible for units to be opened up so that the building can be used as a 1 unit or up to a 5 unit. Currently there are 2 rental units available, units 24 & 320, and each rents for $600. With all units rented, at the current rental rate the annual rent would be over $28,000. There are 2 gas furnaces with central air that provide the heat and air for all units, and 2 hot water heaters. There is a large upstairs attic with unit 22. A great retirement investment. Possible, Short Term, Lease With Option To Purchase Terms Available With A Minimum Of $20,000 Down.

Property Information    

Status
Active 
Address
22 N 4th Street 
City
Niles 
Zip
49120 
Year Built
1940 
County
Berrien 
Above Grade SqFt
3,800 
Possession
Day of Closing 
Price/SqFt
39.47 

School Information

School District
Niles 

Taxes

Features

Current Use
5 business or office rental units 
Zoning
Commercial 
Sub Property Type
Retail/ Commercial 
Cooling
Central 
Heating
Forced Air, Natural Gas 

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Listing Broker

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Listing Courtesy of Anderson Realty, Llc
Office Address 317 Broadway St.
Listing Agent Doug A Anderson