Courtesy: Smallegan Real Estate
616-209-4304
Investor opportunity in Plainwell, Michigan. This upper unit features a 1 bedroom, 1 bathroom unit; the downstairs unit has an additional full bathroom in the basement. This duplex offers spacious living areas, abundant natural light, and functional layouts with private entrances. Both units feature spacious kitchens, classic arched doorways, original trim, and large windows that bring in plenty of natural light. Property includes a 2 stall garage, additional parking space, and a manageable yard on a corner lot. Both units are currently tenant occupied with leases in place through the beginning and end of July, providing immediate rental income with the opportunity to increase rents moving forward. A strong option for investors looking to expand their portfolio with an ''as-is'' income-producing property offering both stability and upside potential in the Plainwell and West Michigan rental market.
Rare opportunity to own a truly one-of-a-kind historic grainery converted into a 3-unit townhouse building with incredible character! Many original grainery features were thoughtfully incorporated into each unit. The two upper-level townhouses each offer 2 bedrooms, 1 1/2 baths, in-unit laundry, and access to a rooftop patio with sweeping views. (Both of these units have the same layout.) The main-level unit provides flexible use as either a commercial space with 1/2 bath or living area and a finished lower-level living area including a kitchen, full bath, laundry, and potential for 2 bedrooms with minor modifications--plus a private patio. As a bonus, a real historic caboose on the property has also been utilized as a rental/commercial unit. Strong rental history makes this a unique income-producing property with endless possibilities! also includes parcel #03-55-270-028-00
Plainwell is located in Michigan. Plainwell, Michigan has a population of 3,773. Plainwell is less family-centric than the surrounding county with 19.21% of the households containing married families with children. The county average for households married with children is 31.59%.
The median household income in Plainwell, Michigan is $64,680. The median household income for the surrounding county is $70,269 compared to the national median of $69,021. The median age of people living in Plainwell is 39.2 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 16.8 degrees. The average rainfall is approximately 38.9 inches per year, with 74.9 inches of snow per year.
