Riverdale MI Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 1,229
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.49 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- 80051381
- Subdivision:
- SUMNER TOWNSHIP
ADDITIONAL INFORMATION
This 4-Plex has a solid 20-year rental history and based on the current rents, produces almost $35,000 of gross annual income. This building was originally a church but in 2004 the ENTIRE property was remodeled. There are two 3 bedroom with 2 bathroom units that are two stories and feature things like second floor laundry and walk-in closets. The third unit is also two-story and has 2 bedrooms and 1 bathroom and the fourth is 2 bedroom and 1 bathroom that features one level living. All units have their own laundry, furnace, central air unit, water heater, septic, and utility meter. Tenants are currently month to month and pay their own utility costs. There is plenty of on-site parking and many other features that make this property a turnkey investment with enormous upside!
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Riverdale Real Estate
The median home value in Riverdale, MI is $65,900. This is lower than the county median home value of $133,200. The national median home value is $338,100. The average price of homes sold in Riverdale, MI is $65,900. Approximately 87.39% of Riverdale homes are owned, compared to 12.61% rented, while 0% are vacant. Riverdale 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 Riverdale real estate agent to arrange a tour today!
Riverdale, Michigan has a population of 252. Riverdale is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 26.14%.
The median household income in Riverdale, Michigan is $39,219. The median household income for the surrounding county is $53,347 compared to the national median of $69,021. The median age of people living in Riverdale is 54.6 years.
Riverdale Weather
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 32.9 inches per year, with 42.4 inches of snow per year.