70 N Lester Avenue, White Cloud, MI 49349

Local realty services provided by:Better Homes and Gardens Real Estate Connections
70 N Lester Avenue,White Cloud, MI 49349
$2,620,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:shawn jacobs
Office:moxie real estate + development
MLS#:24054434
Source:MI_GRAR

Price summary

  • Price:$2,620,000

About this home

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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Home facts

  • Year built:1980
  • Listing Id #:24054434
  • Added:286 day(s) ago
  • Updated:August 13, 2025 at 07:30 AM

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Year built:1980
  • Lot area:3.12 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,620,000
  • Tax amount:$27,425 (2022)