Great investment opportunity located in downtown Niles! Become the Owner of this four unit apartment with solid, long-term, rent-paying tenants. All four units rent at $800/mo. for a $3200/mo. stream of income. Your tenants will love the location to many amenities in Niles. Within a half mile, you'll find the public library, hospital, banks, YMCA, multiple parks, river trail, movie theater, restaurants, breweries, grocery stores, antique stores and more. All three Niles public school levels (elementary, middle and high school) are within one mile. Not only can you offer your tenants a great place to live, but also a community to thrive. Schedule your showing today!
Wonderful 2-unit duplex in the city of Niles. Each side has 2 bedrooms and 1 bath. Approximately 1000 sf on each side. There is a garage structure on the property also. Home has an amazing rental history. The home has been rented by a foundation for 10 years. There is a counselor that keeps an office onsite, they pay all utilities except for water and trash, and they handle 100% of turnovers. So, the rent has been paid 100% on time with zero vacancy and zero turnover cost for the last ten years. The rents are currently $800/unit, and over the last 10 years that has only been raised once. Contact me for further details.
Seize a prime investment opportunity with this well-maintained 2-unit multi-family property located in the vibrant city of Niles. This income-generating asset features two fully-occupied units, offering immediate rental income for savvy investors.
Niles is located in Michigan. Niles, Michigan has a population of 11,929. Niles is more family-centric than the surrounding county with 24.7% of the households containing married families with children. The county average for households married with children is 24.06%.
The median household income in Niles, Michigan is $41,306. The median household income for the surrounding county is $55,893 compared to the national median of $69,021. The median age of people living in Niles is 38.3 years.
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 39.9 inches per year, with 63.9 inches of snow per year.
