501 Broadway, Niles, Berrien County, MI 49120

For Sale

Listed by Jennifer Inman with Integrity R.E. Professionals, ERA Powered
$135,000 USD
  • 5 Beds
  • 4 Baths
  • 3,360 Sqft
  • 0.12 ac Lot Size
  • MultiFamily
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Property Summary for 501 Broadway

Type
MultiFamily
Sub-Type
Other
Lot Size
0.12 Ac
MLS Number
20029815
Year Built
1997
full baths
4
Parking info
4
Zip
49120
School District
Niles Community School District

Description for 501 Broadway

Great investment opportunity located on a corner lot near the downtown Niles area. This well-maintained 4 unit rental property is fully rented with reliable tenants. With low vacancy rates, positive cash flow and 20 years of rental history. Offers 1- 2 bedroom unit, 3- 1 bedroom units with on-site coin laundry in the full basement for additional income. 4 parking spots on the asphalt drive. Nice hardwood floors on the main level and lots of character throughout. Each unit comes with fridge, stove and window a/c unit. Furnace was replaced 6 years ago.
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Features for 501 Broadway

Cooling
  • Window Unit(s) A/C
Heating
  • Baseboard, Forced Air
  • Electric, Natural Gas
Roof
  • Composition Shingle
Exterior Finish
  • Vinyl Siding
Listing provided by Southwestern Michigan Regional Information Center
Copyright © 2020 Southwestern Michigan Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Demographics in 49120top

Population

Total population 36,490
Male population 17,795
Female population 18,695
Median age 41.20

Households

Total households 14,942
Average people per household 2.41

Housing

Total housing units 16,570
Owner occupied 10,871
Renter occupied 4,071
Median year built 1965

Income

Median household income 47,348
Average household income 63,420

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Disclaimer


Demographic data shown in this section was gathered from the 2018 American Community Survey and is deemed reliable but is not guaranteed.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

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