18
See all 18 photos
$249,999
Est. payment /mo
0.32 Acres Lot
Price Dropped by $14K
143 Floral Avenue Plainwell, MI 49080-1418
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70522611
Year Built 1980
Annual Tax Amount $6,067
Tax Year 2025
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 117*120
Property Sub-Type Multi-Family
Property Description
Well-maintained duplex in the City of Plainwell offering strong, stable cash flow with long-term tenants in place through 2027. Unit 145 rents for $1,120/month and Unit 143 for $1,075/month, providing immediate, reliable income with room for future rent increases.Built in 1980, this newer construction property features two very spacious 2-bedroom, 1-bath units (approx. 1,056 sq ft each), making it highly desirable for tenants seeking comfortable, functional living space. Each unit includes in-unit laundry, separate utilities, and efficient layouts that support long-term tenancy.Situated on a corner lot with public water/sewer and natural gas, tenants cover all major utilities--keeping owner expenses low. Located within Plainwell Schools and close to downtown amenities, parks, and major roadways.This is a turnkey investment opportunity with strong in-place income, minimal management burden, and clear upside through strategic rent growth.
Location
State MI
County Allegan
Area Plainwell (03037)
Interior
Heating Forced Air
Cooling None
Exterior
Exterior Feature Vinyl Siding
Building
Foundation Crawl
Structure Type Vinyl Siding
Schools
School District Plainwell Community Schools
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Coldwell Banker Realty
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION