Open House:
Saturday, 9/28 12:00-2:00PM
Are you looking for an awesome investment opportunity?! I've got the perfect property for you - a true triple threat! This property features a total of THREE rental units, talk about cash flow potential! First up is a duplex just waiting for your creative vision to shine - each unit has one bedroom and bathroom ready for renovation with your personal flair. Even better, separate electrical meters mean individual utility bills for easy accounting. But wait, there's more! A pole barn provides great storage for all your lawn equipment and toy's. Also on the property is a charming 1979 Windsor single wide mobile home already rented out. With two bedrooms and one bath, the living room and kitchen offer an open concept layout. The furnace was just updated in 2022 and the roof was sealed in 2023. This versatile property is primed for profits - don't miss out on this chance to be a landlord!
The median home value in Riverdale, MI is $89,400. This is lower than the county median home value of $89,500. The national median home value is $219,700. The average price of homes sold in Riverdale, MI is $89,400. Approximately 73.94% of Riverdale homes are owned, compared to 13.64% rented, while 12.42% 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 48877 has a population of 2,437. Riverdale 48877 is less family-centric than the surrounding county with 25.12% of the households containing married families with children. The county average for households married with children is 26.39%.
The median household income in Riverdale, Michigan 48877 is $42,264. The median household income for the surrounding county is $42,256 compared to the national median of $57,652. The median age of people living in Riverdale 48877 is 40.8 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 33.6 inches per year, with 46.2 inches of snow per year.