New Buffalo Triplex Investment
121 E Michigan St New Buffalo, MI 49117
121 E Michigan St, New Buffalo, MI, 49117
$590,000
For Sale
$590,000
Income-producing triplex in New Buffalo near downtown and the beach.
Days on Market75
Property Features for 121 E Michigan St
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1955
Listing agency
Keller Williams Realty Southwest Michigan
(269) 612-7013
Listed by
James Garrison · License #6501402520
(269) 612-7013
Source
Elliman
Added: May 9 Updated: Jul 10 at 1:30PM Checked: Jul 22 at 10:21AM
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Investment Insights
Based on property information with market context.
This triplex in New Buffalo presents an income-producing opportunity. The property features three units, each with private entrances and individual electric and water services. All units are currently leased month-to-month. The first unit includes three bedrooms, 1.5 baths, a four-season room, a private backyard, and side circle parking. The second unit features one bedroom, one bath, updated electrical, and an unfinished basement with a second full bath and potential for additional living space. The third unit offers ravine views, one bedroom and one bath on the main level, plus a finished lower level with bedroom, bath, and separate entrance. The property is located minutes from the beach and all downtown amenities. The bike score is 62, indicating it is bikeable, and the walk score is 49, indicating it is car-dependent.
Key Highlights
- Income‑producing triplex with tenant‑paid utilities.
- All units currently leased, providing immediate income.
- Opportunity to increase income by adjusting rents to market rates.
Property Analytics
Property Profile
Location Intelligence
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FAQs
What type of property is this?
Triplex - Income-producing triplex in New Buffalo near downtown and the beach.
Where is this triplex located?
The property is located at 121 E Michigan St New Buffalo, MI.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Income‑producing triplex with tenant‑paid utilities.; All units currently leased, providing immediate income.; Opportunity to increase income by adjusting rents to market rates.
