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Jim Blehm

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

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21 E Maple St NE , Cedar Springs, MI 49319
$199,000
Est. Payment: $442.22/mo
0 Bed
2 Bath
1332 Sqft
Status: Active | Days on site: 5
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House Description

Mixed-Use Investment Opportunity - Downtown Cedar Springs Great opportunity to own a 3-unit building in the heart of downtown Cedar Springs. The property includes one upstairs 1-bedroom city-certified apartment (currently vacant) and two commercial spaces, both leased with 3-year terms. Recent updates include: • New metal roof (2020) • New siding (2019) • New air conditioner (2017) • Tankless water heater (2018) • Updated electrical in rear commercial space (2007) • Three zoned heating and cooling areas Located within walking distance to the White Pine Trail, library, restaurants, and downtown events, including Red Flannel Festival. Enjoy summer evenings listening to music from the nearby amphitheater. Building currently has one gas service, one furnace, and one air conditioner. No designated parking. A great opportunity to invest in a growing downtown district.

Highlights

Listed by Brynadette Powell , 616-835-2624 Eggerding Inc., Arthur K. , 616-453-7655.

Property Type

Commercial Sale

Lot/Acreage
0.03

Year Built

1950

County

Kent

School District

Cedar Springs

Listing ID

26019041

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:2
Air Cond:Wall Unit(s)
Fireplaces:

Exterior Features

Roof:Composition,Metal
Principal Interest
$442
Taxes
$208

Home Price

$199,000

Loan Details

30 yrs
%

Down Payment

20%
$39,800
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:
$442.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $442.22 $208.33 $0.00 $650.56
Yearly $5,306.67 $2,500.00 $0.00 $7,806.67
Total $159,200.00 $75,000.00 $0.00 $234,200.00

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 (Cedar Springs, 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.