1316 Oak Street Niles, MI ^$ 179,900

1316 Oak Street

^$ 179,900

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1316 Oak Street

Niles, MI, 49120

^$ 179,900

Studio Baths0.0

Monthly Estimate*

^$ 1,196

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Studio

Multi-Family Home for sale in Niles, MI

for $179,900. This home was built in 1900 on a lot size of 0.14.

*Back on market* Completely Renovated Multi-Family Property! Move-in ready and rent-ready! This fully renovated multi-family property offers three units: Unit 1 (main floor) 1 bedroom, Unit 2 (2nd floor) 1 bedroom, Unit 3 (main floor) Studio. Property has underwent a complete interior renovation: New 200 amp electric service (metered separately), brand new electric heating and cooling, new plumbing and water lines, new light fixtures, new laminate flooring, new kitchens, and new bathrooms. Increasing rental demand, Niles boasts a thriving rental market, ensuring consistent income potential. Located in a desirable location, minutes from downtown, offering convenient access to restaurants, shops, schools and entertainment. Don't miss out on this amazing opportunity!

Multi-Family Pending

Price

^$ 179,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 575

Style

2 to 4 Units

Lot Size

0.14

Year Built

1900

Town/City

Niles

County/Region

Berrien

MLS | Web ID

24006203

Features

General

Sewer Public Sewer

Heating Hot Water Electric

Cooling Central Air

Utilities Phone Available Public Water Available Public Sewer Available Electric Available Cable Available Electric Connected Cable Connected

Possession Close Of Escrow

Roof Composition

Construction Materials Other

Year Built 1900

Tenant Pays Electric Water Trash Collection Sewer Gas

Township Niles City

Property SubType 2 to 4 Units

Tax Year 2023

County Berrien

New Construction N

Property Type Multi-Family

Status Pending

Directions Head east on Grant St toward N St Joseph Ave Slight left to stay on Grant St Continue onto Broadway Turn right onto E Main St Continue onto Oak St Destination will be on the right

City Niles

High School District Niles

NumberOfUnitsTotal 3

MLS Area Southwestern Michigan - S

Lot Size Units Acres

Lot Size Square Feet 5990.0

Waterfront Y/N N

Street Name Oak

Land Lease Y/N N

Tax Annual Amount 575.0

Lease Renewal Y/N N

MLS Area Minor Southwestern Michigan - S

Additional Parcels Y/N N

Rent Control Y/N N

Days on Market 33

Standard Status Pending

Occupancy Type Vacant

Tax Assessed Value 19200

Legal Description LOT 2 BLK 1 CHAPIN PARK ADD TO NILES

Senior Community None

Interior

Basement Michigan Basement

Total Fireplaces 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Street Suffix Street

Laundry Features Common Area

Electric On Property Y/N N

Total Baths 0

Exterior

Lot Features Level

Total Parking 0.0

Lot Size Area 0.14

Number of Buildings 1

Spa N

Lot Dimensions 50x120

Lot Size Acres 0.14

Road Surface Type Paved

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1316

* Excluded Features

List By

Listwithfreedom.Com

Broker

ccampbell@ListWithFreedom.com

Affordability Calculator

$1,244

Per Month

Monthly Principal & Interest: $1,196
Monthly Property Taxes: $48
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Niles, MI

Average List Price ^$226,814

Percent of Sale Price 26%

About Niles, MI

11,146 Population

-7% Since 2002

^$33,845 Median Income

38.04 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4671847 Elementary School

4671846 Middle School

Niles High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/6/2024	$179,900		Listed Price

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1316 Oak Street, Niles, MI, 49120 is a Multi-Family Home for sale at $179,900 with a lot size of 0.14. 1316 Oak Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 49120 which is in Niles, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 6/3/2024.

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1316 Oak Street

Multi-Family Home for sale in Niles, MI

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