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Three-Unit Residential Triplex
New
For Sale
$120,000

214 Charlotte St, Union City, MI 49094

Each apartment has separate utilities, with natural gas serving all three units.

Property SizeContact for details
Days on Market2

Property Features for 214 Charlotte St

General Information

Standard status Active
Property subtype Investment

Property Condition

Severity Repairs Needed
Evidence Needs fixtures and drywall

Units

Unit Mix 1 x 2BR/2BA, 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,534

Building Details

Year Built 1920
Units 3
Listing Agency: Hauska Home and Farm
Listed By: Anette Booth · License #6501385260
Source: Elliman
Added: Sep 24 Last Checked: Sep 24 at 2:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hauska Home and Farm

Investment Insights

Based on property information with market context.

Built in 1920, the triplex contains three separately metered apartments. Unit 212 has two bedrooms, two full bathrooms, an open kitchen and living area, a laundry/mudroom, and its own basement. Electrical and plumbing updates, a furnace, air conditioning, water heater, softener, porch, and some roofing work have been completed there; fixtures and drywall remain unfinished.

Unit 214 includes three bedrooms, one bathroom, an eat-in kitchen, and a private basement. Its older furnace was working. The upstairs apartment has two bedrooms, with a possible third, and one bathroom; it needs fixtures and finishing work, and its furnace is not functioning. All three units use natural gas and have separate utilities.

Key Highlights

  • Three apartments with separate utilities; all use natural gas
  • Unit 212: 2 bedrooms, 2 full bathrooms, open kitchen/living area, laundry/mudroom, and basement
  • Unit 212 has updated electrical and plumbing, plus new furnace, AC, water heater, softener, porch, and some roofing

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Building Supply Hair Salon Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby

Demographics for 49094, MI

4,091
Population
1,710
Households
2.4
Avg Household Size
40
Median Age
17%
College-Educated
93%
High-School Grad
56.0 sq mi
ZIP Area
73
Density / Sq Mi
$68,688
Median Household Income
$39,259
Median Earnings
$778
Median Rent
$127,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Each apartment has separate utilities, with natural gas serving all three units.
Where is this triplex located?
The property is located at 214 Charlotte St Union City, MI.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Three apartments with separate utilities; all use natural gas; Unit 212: 2 bedrooms, 2 full bathrooms, open kitchen/living area, laundry/mudroom, and basement; Unit 212 has updated electrical and plumbing, plus new furnace, AC, water heater, softener, porch, and some roofing
More about this property
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