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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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323 E Bell St Unit 101 , Camden, MI 49232
$799,999
Est. Payment: $1,777.78/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 27
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r300 - r401085,r399331
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

An exceptional value-add investment opportunity, this 20 unit apartment building at 323 E Bell St in Camden sits on a spacious 5 acre lot and offers tremendous upside potential for the right buyer. The unit mix features twelve 2-bedroom apartments and eight 1-bedroom apartments, ideal for capturing local rental demand. Major capital improvements have already been completed-including a new roof, updated camera system, and approximately 70% of the interior unit rehabs finished- drastically reducing the initial CapEx and timeline needed to reach full stabilization. Offered at $799,999 (under $40K per door), this property is being sold as a cash only deal, giving a buyer or investor the perfect entry point to complete the remaining interior updates, place qualified tenants, and maximize their rental yield.
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Highlights

Listed by Jill G Vella , 517-317-7448 and Ryan Thomas Vella , 517-317-2191 Integra Realty LLC , 517-914-5022.

Property Type

Multi-Family
Lot/Acreage
5

Year Built

1990

County

Hillsdale

 School District

Camden-Frontier

Listing ID

26044387

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Window Unit(s)
Fireplaces:
Basement:Slab

Exterior Features

Garage Capacity:40
Roof:Composition
Sewer:Septic Tank
Parking Features:Asphalt,Driveway
Principal Interest
$1,778
Taxes
$194

Home Price

$799,999

Loan Details

30 yrs
%

Down Payment

20%
$160,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,777.78 $194.11 $0.00 $1,971.88
Yearly $21,333.31 $2,329.27 $0.00 $23,662.58
Total $639,999.20 $69,878.10 $0.00 $709,877.30

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Camden, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.