A triplex for sale that is rented out full-time. Currently, month-to-month leases are in place for all of the units. The first apartment offers a four-season room, a private backyard, three bedrooms, and 1.5 bathrooms. Side circle parking is also included. Unit 2 has a single bedroom, one bathroom, updated electric, and an unfinished basement with a second full bathroom. The third apartment has a private ravine view, a finished basement with bath, and separate entrance. It also has one bedroom and one bathroom on main floor. Each unit has its own electric meter, water meter, and entrance. This rental property is one of a kind, don't pass it up.
Excellent rehab opportunity in the heart of New Buffalo. Three unit commercially zoned building with large cinder block garage. Ideal location just a few blocks from New Buffalo's shopping, restaurants and beaches. Separate utilities to each unit. Property is being sold as-is. Location qualifies for short-term rental permit.
The median home value in New Buffalo, MI is $635,000. This is higher than the county median home value of $135,900. The national median home value is $219,700. The average price of homes sold in New Buffalo, MI is $635,000. Approximately 35.91% of New Buffalo homes are owned, compared to 14.09% rented, while 50% are vacant. New Buffalo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Buffalo real estate agent to arrange a tour today!
New Buffalo, Michigan has a population of 1,750. New Buffalo is less family-centric than the surrounding county with 14.19% of the households containing married families with children. The county average for households married with children is 26.07%.
The median household income in New Buffalo, Michigan is $49,602. The median household income for the surrounding county is $47,132 compared to the national median of $57,652. The median age of people living in New Buffalo is 50.4 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 39.4 inches per year, with 74.5 inches of snow per year.