213 Palmer Street,Rives Junction, MI 49277
Rives Junction, MI 49277
Description
RURAL DUPLEX INVESTMENT WITH STRONG CASH FLOW AND SELLER LEASEBACK OPPORTUNITY - Turnkey rural duplex offering diversified rental income, outbuildings, and a built-in tenant via a sale-leaseback structure below current appraised value. This is a rare chance to acquire income-producing real estate with an agreed 36 month buy-back that targets a strong return on capital.Property And Unit Details Unit 1: Currently rented at $2,500 per month, featuring 4 bedrooms, 2 bathrooms, a finished basement, and an on-site pole barn for storage, vehicles, or equipment - ideal for an owner-occupant or high-quality long-term tenant. Unit 2: Currently rented at $650 per month, offering 2 bedrooms, 1 bathroom, and a kitchenette area, perfect for steady supplemental income or multi-generational living. Rural setting provides privacy and a country feel while still within reasonable access to nearby towns, services, and employment corridors. The seller is specifically seeking an investor to
Details
| MLS # | 70533977 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 150 |
| Listing Provided By | Coldwell Banker Beiswanger Realty Group | Doug Beiswanger |
Features
| Basement | Y |
|---|---|
| Units | 2 |
| Zoning | Residential |
| Acreage | 0.63 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Heating | Forced Air |
Exterior
| Construction Materials | Brick, Vinyl Siding |
|---|---|
| Foundation Details | Basement |
Other
| List Aor | Jackson Area Association of REALTORS |
|---|
Taxes
| Property | 5610 |
|---|
Area Information
| State | MI |
|---|---|
| County | Jackson |
| City | Rives Junction |
| Zip Code | 49277 |
| Area | Rives Twp (38013) |
| Listing VS Median (in 49277) | |
Price: $399,000 low | high Med: $232,450 On site: 150 low | high Med: 49 | |
Market Activity 49277
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Learn More About This Property
| State | MI |
|---|---|
| County | Jackson |
| City | Rives Junction |
| Zip Code | 49277 |
| Area | Rives Twp (38013) |
| Listing VS Median (in 49277) | |
Price: $399,000 low | high Med: $232,450 On site: 150 low | high Med: 49 | |
