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Listed price in listed location currency (USD).
$699,990

048

MLS® 20251007724

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2072 sqft
Garage No
Taxes $3,401
Days Active 212
Lot Size 0.72 acres
Approx. Age 1965
Avg. Price Per Sqft $337
MLS® Number 20251007724

Property Address: 57035 Bonne Terre, New Hudson, MI, 48165-9642

Average square foot calculated using Size range provided by listing agent.

Description

**Rare Quadplex Investment – Fully Rented with Upside** Here’s a rare opportunity to own a fully rented four-unit multifamily property in a high-demand area with low township taxes—perfect for a 1031 exchange. The property has two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, all ranch-style with smart, efficient layouts that make them easy to rent. All units are month-to-month, giving flexibility to adjust rents, make updates, or plan for future redevelopment while maintaining cash flow. Current rents are below market, creating immediate potential to increase income. These units have been meticulously maintained and are in excellent condition, ensuring they remain attractive and easy to rent. Tenants are responsible for electric and snow removal, while the owner covers gas (including energy-efficient boiler) and lawn care, keeping operating costs predictable and cash flow steady. Tenants enjoy private carports, shared laundry, and spacious yards backing to a quiet creek—an uncommon feature that adds appeal. Zoned multifamily, the property may have potential for higher-density redevelopment (subject to township approval), such as adding units or reconfiguring existing structures. This is a turnkey investment with multiple ways to grow value—hold for income, increase rents, or explore redevelopment. *Please do not walk the property without confirmed showings
MLS® Number20251007724
Laundry LevelCommon Area, Laundry Room
Central VacNo
FireplaceNo
Acreage0.72
Exterior
GarageNo
Approx. Age1965
Basement
DrivewayPaved, Carport, Shared Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 13, 2025List Date
$699,990List Price
  • Commute

Commute

Starting Address
Destination Address
57035 Bonne Terre, New Hudson, MI

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