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    707 Maple St Big Rapids, MI 49307

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    For Sale
    $600,000

    Ten-unit apartment building with coin-operated laundry and remodeled units.

    Lot size:
    0.17 Acres

    Property Features for 707 Maple St

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1960

    Source: Five Star Real Estate (Main) Agent Doug E Mol

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ten-Unit Apartment Building For Sale

    This ten-unit apartment building presents a portfolio opportunity, with nine out of ten units currently rented. The building includes some remodeled units. A laundry room equipped with coin-operated machines offers additional income potential. The property is located close to downtown amenities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Big Rapids
    County
    Mecosta
    State
    Michigan
    Longitude
    -85.474211
    Latitude
    43.700226

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    FAQs

    What type of property is this?
    Apartment building - Ten-unit apartment building with coin-operated laundry and remodeled units.
    Where is this apartment building located?
    The property is located at 707 Maple St Big Rapids, MI.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - High occupancy rate: 9 out of 10 units are currently rented, providing immediate income.; - Income potential: Coin-operated laundry room offers additional revenue stream.; - Remodeled units: Some units have been updated, increasing appeal and potentially rental income.
    (616) 299-6417
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    707 Maple St Big Rapids, MI 49307
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    Big Rapids, MI 49307
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    707 Maple St Big Rapids, MI 49307
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