407 S Michigan Avenue new Save Request In-Person Tour Request Virtual Tour
Big Rapids,MI 49307
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality Big Rapids
MLS Listing ID 25043192
Year Built 1920
Annual Tax Amount $5,169
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50x150
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
7-Bedroom Investment Opportunity Near FSU!
This spacious 7-bedroom, 2-bath home offers strong rental potential with a history of reliable income. Located just steps from Ferris State University, it's an ideal option for student housing or a large rental property. The main floor is a spacious, freshly updated 4 bedroom unit, and the upstairs is currently setup as a 3 bedroom unit with a living room that has been a 4th room in the past. Both units are fully rented and will cash flow from day one. With its prime location, size, and updates, this property is a rare find for investors or anyone looking to tap into the demand for campus-area housing.
Location
State MI
County Mecosta
Area West Central - W
Direction Northland Dr to Locust St, east to Michigan, south to property on west side.
Rooms
Basement Full
Interior
Heating Forced Air
Fireplaces Number 1
Laundry Main Level,Upper Level
Exterior
Parking Features Asphalt,Driveway
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 7
Building
Lot Description Level
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Big Rapids
Others
Tax ID 541714153003
Acceptable Financing FHA,Cash,Conventional
Listing Terms FHA,Cash,Conventional