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Jim Blehm

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

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4154155 415-415.5 Clay St , Niles, MI 49120
$279,900
Est. Payment: $622.00/mo
2 Bed
1 Bath
893 Sqft
Status: Active | Days on site: 4
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House Description

Two Homes One Investment Opportunity in the City of Niles! Whether you're looking to start your real estate investing journey, add to an existing portfolio or live in one home while renting the other this property offers plenty of possibilities. With a solid rental history and one home already leased you can step into this investment with income already in place. The recently renovated front home features two bedrooms, one bathroom, a one-car garage, basement and covered front porch. Move-in ready with extensive improvements the home offers a renovated kitchen and bath with new cabinetry, countertops, flooring, refrigerator and stove. Additional updates include fresh paint and carpet throughout, new entry doors, three new window A/C units and a new water heater. The 100-amp electrical service has been completely rewired with new lighting and outlets throughout along with all-new plumbing and drains. The rear home features one bedroom and one bathroom and is currently leased. This low-maintenance slab home has also been recently updated with fresh paint and carpet along with an updated 100-amp electrical service. Additional features include gas hot-water heater, freestanding gas gravity heat and a window A/C unit. Each home sits on its own tax parcel with separate gas and electric service while water and sewer are combined. With extensive recent improvements, an established rental history and two homes offering multiple ownership options this is an investment opportunity worth a closer look.

Highlights

Listed by Skene Team , 269-500-1982 and Jason Skene , 269-500-1982 RE/MAX Modern Realty, Inc. , 269-683-2211.

Property Type

Residential

Lot/Acreage
0.06

Year Built

1900

County

Berrien

School District

Niles

Listing ID

26045642

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Range, Refrigerator
Air Cond:Window Unit(s)
Fireplaces:
Floor:Carpet,Linoleum,Vinyl
Basement:Full,Slab
Other:
  • Additional:Ceiling Fan(s), Broadband, Master on Main
Water:Public

Exterior Features

Lot:Level,Sidewalk
Roof:Shingle
Sewer:Public
Parking Features:Garage Faces Front,Detached
Principal Interest
$622
Taxes
$113

Home Price

$279,900

Loan Details

30 yrs
%

Down Payment

20%
$55,980
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:
$622.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $622.00 $112.75 $0.00 $734.75
Yearly $7,464.00 $1,353.00 $0.00 $8,817.00
Total $223,920.00 $40,590.00 $0.00 $264,510.00

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 (Niles, 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.