Big Rapids Multifamily Investment
117 S Warren Avenue, Big Rapids, MI 49307
- Added:
- Jan 24, 2025
- Days on Market:
- 481
- Last Refresh:
- May 20 at 10:06 am
Property Features for 117 S Warren Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 3, Basement
- Parking
- 1
- Basement
- Full
- Standard status
- Active
- APN
- 5417-14-104-004
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 000117 S WARREN AVENUE: WARREN AND IVES' PLAT (ORIGINAL PLAT) -- BLK 21, LOT 4.
- Tax Annual Amount
- 5094
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
Building Details
- Year built
- 1900
- Number of units
- 12
- Building materials
- Brick
Listing agent Joseph McNally License #6502393305 (616) 307-3026
Listing office RE/MAX TOGETHER 1411 N State St., Big Rapids, MI (231) 629-4100
Listing date Jan 24, 2025
MLS# 25002888
Listing URL
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location: Just a couple of blocks from Ferris State University and in the heart of downtown.
- High income potential: Current rents are below market rates, offering significant upside.
- Fourth unit potential: Space available to fit out a 4th unit (contingent on city approval).
- Strong rental history: Proven cash cow investment property.
- Ample parking and garage: Features plenty of parking and an attached 2+ car garage.
- Solid construction: Built with durable brick.
Overview
This three-unit apartment building is an investment property with the potential to add a fourth unit, pending city approval. Located a couple blocks from Ferris State University in downtown Big Rapids, Michigan, the property includes a backyard, parking, and an attached two-car garage. The lot size is 0.17 acres. Current rents are $1000 for the upstairs unit, $700 for the south unit, and $750 for the north unit, all on a month-to-month basis. These rents are below market rates due to long-term owner relationships with the renters. The property is located at 117 S Warren Avenue, Big Rapids, MI 49307.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Big Rapids
- County
- Mecosta
- State
- Michigan
- Longitude
- -85.479972
- Latitude
- 43.697716
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-unit building near Ferris State University with potential for expansion.
Where is this triplex located?
The property is located at 117 S Warren Avenue Big Rapids, MI.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Prime location: Just a couple of blocks from Ferris State University and in the heart of downtown.; High income potential: Current rents are below market rates, offering significant upside.; Fourth unit potential: Space available to fit out a 4th unit (contingent on city approval).
