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47 S 3rd Street Niles, MI 49120
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Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Niles City
MLS Listing ID 25045667
Sold Date 11/06/25
Year Built 1918
Annual Tax Amount $699
Tax Year 2024
Lot Size 7,888 Sqft
Acres 0.18
Lot Dimensions 66x118
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
This fully remodeled 3-unit property in the City of Niles is turnkey and ready for its next owner. It offers two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, all updated with new electric, new windows, plumbing, and HVAC plus a 2-zone system for efficiency. The front porch is newly rebuilt to enjoy throughout the year. Features include two water heaters, coin-operated laundry in the basement for added income, and a third floor blank canvas for expansion, storage, or office space. With projected monthly income of $3,800-$4,400 and the flexibility of being vacant, the new owner can create their own rental model from the start. Located near downtown shops, dining, and community attractions, this is a prime opportunity for investors seeking cash flow in a growing market.
Location
State MI
County Berrien
Area Southwestern Michigan - S
Direction Broadway south on Third Street. House on east side of the street.
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Central Air
Laundry In Basement, See Remarks
Exterior
Parking Features Driveway, Gravel
Utilities Available Phone Available, Cable Available, Natural Gas Connected
View Y/N No
Roof Type Composition
Total Parking Spaces 6
Building
Lot Description Sidewalk
Structure Type Wood Siding
New Construction No
Schools
School District Niles
Others
Tax ID 11-73-2700-0042-00-5
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less
Bought with Realty Executives Instant Equity




