MI
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$2,620,000
362 Days On Site
70 N Lester AvenueWhite Cloud, MI 49349
For Sale|Multi Family|Pending
0
Beds
0
Total Baths
1980
Built
County:
Newaygo
Listing courtesy of Shawn Jacobs of MOXIE Real Estate + Development
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32 unit apartment building in a growing submarket, with an attractive unit mix. There is coin-operated laundry and storage units, in each building. The electrical and gas are individually metered. Rents are below market. Value add opportunity to increase rents to market as leases expire. This could be a great opportunity for your next cost segregation study or 1031 exchange. Many capital improvements have been completed, some renovations completed are: common area updates, roof and gutters, exterior doors, appliances, unit renovations, parking lot repairs and much more.
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Listing Snapshot
Price
$2,620,000
Days On Site
362 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
3.12 Acres
Year Built
1980
MLS® Number
24054434
Status
Pending
Property Tax
$27,425.33
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Status changed to Pending | |
| 5 months ago | Price changed to $2,620,000 | |
| 12 months ago | Listing first seen on site |
General Features
Acres
3.12
Cross Street
North St & Pine Hill
Foundation
Slab
Garage
Yes
Parking Spaces
40
Property Sub Type
Multi Family
Sewer
Public Sewer
Utilities
Natural Gas AvailableNatural Gas ConnectedElectricity ConnectedSewer AvailableWater Available
Water Source
Public
Zoning
201 Commercial
Interior Features
Cooling
Wall Unit(s)
Fireplace
Yes
Fireplaces
2
Heating
Natural GasHot Water
Laundry Features
Common Area
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Exterior Features
Construction Details
Vinyl SidingWood Siding
Frontage
327.0
Roof
CompositionMetal
Community Features
Financing Terms Available
CashConventional
MLS Area
West Central - W
School District
White Cloud
Township
White Cloud City
Schools
School District
White Cloud
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Shawn Jacobs of MOXIE Real Estate + Development
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, MichRIC MLS.
Last checked: 2025-10-13 08:13 PM UTC
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, MichRIC MLS.
Last checked: 2025-10-13 08:13 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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