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Jim Blehm

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

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145 Lafayette St , Ionia, MI 48846
$249,900
Est. Payment: $555.33/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 77
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House Description

Investment and/or Owner Occupied Opportunity Alert! Current rents $1250 & $1100, with owner occupying the 3rd unit, potential to earn $3,000/month. Rare and outstanding opportunity to own an income-producing triplex in a convenient location close to downtown! All three units have been updated, offering modern appeal for tenants and reduced maintenance concerns. Updated windows and siding add even more value to this turnkey property. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the others, this property offers flexibility and excellent cash flow potential. Opportunities like this do not come around often!

Highlights

Listed by Garrett B Kirby , 616-902-5933 and Vito (Jr.) E Dolci , 616-791-1010 Five Star Real Estate (Walker) , 616-791-1010.

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1900

County

Ionia

School District

Ionia

Listing ID

26028658

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Michigan Basement

Exterior Features

Garage Capacity:3
Roof:Composition
Parking Features:Paved
Principal Interest
$555
Taxes
$290

Home Price

$249,900

Loan Details

30 yrs
%

Down Payment

20%
$49,980
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:
$555.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $555.33 $290.08 $0.00 $845.42
Yearly $6,664.00 $3,481.00 $0.00 $10,145.00
Total $199,920.00 $104,430.00 $0.00 $304,350.00

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 (Ionia, 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.