103 Cedar St, Ewen, MI 49925-5145

This exceptional investment opportunity is located at 103 S Cedar St., Ewen, MI 49925, a prime location near the intersection of Main Street and M-28. The property is a four-unit apartment building totaling approximately 4,230 square feet, situated on a 0.12-acre lot. The building comprises one three-bedroom unit and three two-bedroom units, all currently occupied, offering immediate rental income. A shared hallway and a coin-operated laundry room add convenience for tenants. Significant improvements have been made in recent years, including a new rubber membrane roof installed in 2024, updated water heaters, separate gas furnaces for each unit, and renovations to the laundry room. This strong rental history makes this a compelling investment, even for conservative investors. The property's size and location, combined with the recent upgrades and consistently high occupancy rate, present a rare opportunity for substantial return on investment. The asking price for this fully occupied multifamily property is $199,000.