$500,000

Exceptional investment opportunity - 4-unit all-brick apartment building on a spacious 2-acre lot in central location near Austin Lake, Long Lake, recreational trails & parks, and close to Kalamazoo & Portage. Units 1-3 have been completely remodeled w/ new paint, carpet, blinds, kitchen appliances, backsplash, bathroom vanities, shower heads, lighting & new CO/smoke detectors. Each unit has separate electric meter (tenants pay electric only). Property features a 2020 roof, new asphalt parking lot, refreshed landscaping, an $11,000 septic upgrade & a pole barn w/ storage rooms. Additional income/utility options include 3 garage stalls (landlord use or optional tenant use) & two sets of landlord-provided washer/dryers for tenant use. Landlord pays property taxes, pole barn electric, well pump, common hallway electric, insurance, trash, & snow plowing. The expansive 2-acre parcel offers significant upside -room to expand or build additional rental units (buyer to verify zoning/planning). Short term rentals in Pavillion Twp. are permitted at this time! Buyer to verify.