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Three-Unit Apartment Property
New
For Sale
$239,900

701 Newton Ct, Hastings, MI 49058

Two one-bedroom apartments and a studio make up the occupied residential unit mix.

Property SizeContact for details
Days on Market2

Property Features for 701 Newton Ct

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,386

Building Details

Year Built 1900
Units 3
Listed By: Tyler Moran
Source: Elliman
Added: Oct 19 Last Checked: Oct 19 at 2:11PM

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 Tyler Moran

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Investment Insights

Based on property information with market context.

This Hastings property is a triplex built in 1900. Its three apartments comprise two one-bedroom, one-bathroom residences and one studio; all are occupied. The unit mix offers a combination of one-bedroom and studio living in a single building.

The property has a Bike Score of 58, classified as Bikeable, and a Walk Score of 64, classified as Somewhat Walkable.

Key Highlights

  • Three‑unit residential building constructed in 1900
  • Two one‑bedroom, one‑bathroom apartments and one studio
  • All three units are occupied

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

512
Businesses Nearby

Demographics for 49058, MI

19,422
Population
8,337
Households
2.3
Avg Household Size
42
Median Age
23%
College-Educated
92%
High-School Grad
147.6 sq mi
ZIP Area
132
Density / Sq Mi
$71,169
Median Household Income
$40,868
Median Earnings
$928
Median Rent
$210,600
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

Frequently Asked Questions

What type of property is this?
Triplex - Two one-bedroom apartments and a studio make up the occupied residential unit mix.
Where is this triplex located?
The property is located at 701 Newton Ct Hastings, MI.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Three‑unit residential building constructed in 1900; Two one‑bedroom, one‑bathroom apartments and one studio; All three units are occupied
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