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Jim Blehm

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

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121 E Michigan St , New Buffalo, MI 49117
$590,000
Est. Payment: $3,038.20/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 7
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®

House Description

Exceptional income-producing opportunity in the heart of New Buffalo! This triplex features three units, each with private entrances and individual electric and water services, allowing for efficient management and tenant-paid utilities. All units are currently leased month-to-month, providing immediate income with the ability to adjust rents or reposition. The first unit lives like a single-family home with three bedrooms, 1.5 baths, a four-season room, private backyard, and side circle parking. Unit two includes one bedroom, one bath, updated electrical, and an unfinished basement with a second full bath and potential for additional living space. The third unit offers ravine views, one bedroom and one bath on the main level, plus a finished lower level with bedroom, bath, and separate entrance. Current rents are below market, presenting a clear value-add opportunity to increase income and improve overall return. Located minutes from beach, and all downtown amenities.

Highlights

Listed by James Garrison , 269-612-7013 and Katie Kupsik-Garrison , 219-895-6091 Keller Williams Realty SWM , 269-469-2911. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1955

County

Berrien

School District

New Buffalo

Listing ID

26018412

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Window Unit(s)
Fireplaces:
Basement:Full,Michigan Basement,Partial

Exterior Features

Lot:Ravine,Level
Garage Capacity:6
Roof:Composition
Sewer:Public Sewer
Principal Interest
$3,038
Taxes
$429

Home Price

$590,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$118,000
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:
$3,038.20

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,038.20 $428.50 $0.00 $3,466.70
Yearly $36,458.42 $5,142.00 $0.00 $41,600.42
Total $1,093,752.63 $154,260.00 $0.00 $1,248,012.63
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (New Buffalo, 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.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-02T23:53:55.000Z

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