133 Niles St, Lakeview, MI 48850
Two identical 2-bedroom units generate income with tenants responsible for utilities, including water, on a low-maintenance exterior.
- Added:
- Jun 23, 2026
- Days on Market:
- 14
- Last Refresh:
- Jun 25 at 8:50 pm
Property Features for 133 Niles St
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1977
Listing office Compass Realty Services (616) 633-9445
Listing date Jun 23, 2026
Source Elliman
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HighLights
- Side‑by‑side duplex built in 1977 with two identical 2 bed/1 bath units.
- Tenants pay all utilities, including water; vinyl siding helps support low‑maintenance exterior.
- One unit has a long‑term tenant who wants to stay, providing immediate rental income.
- Second unit offers owner‑occupancy potential or opportunity for cosmetic updates.
- Replacement windows and one new water heater, plus vinyl siding.
- Almost $1,700/month in rent for both units.
Overview
The exterior is designed for lower maintenance, with vinyl siding and replacement windows already in place. The property also includes one new water heater. The duplex sits on a large lot, providing outdoor space for daily use.
From a tenant or buyer perspective, the configuration supports straightforward leasing, with the two units mirroring one another in layout and bedroom/bath count. The utility arrangement can also help reduce landlord expense since tenants handle all utilities, including water. For an owner-occupant, the current structure allows living in one unit while the second unit provides rental income.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lakeview
- County
- Calhoun
- State
- Michigan
- Longitude
- -85.2569
- Latitude
- 43.4366