602 N Church Street, Hastings, MI 49058

Features

*Rare investment opportunity* Well-maintained 4-unit apartment building in Hastings offered for the first time. Each unit has 2 bedrooms and 1 bath and is fully leased with a strong rental history. Current rents are $990 (2 units) and $1,050 (2 units) with upside potential as rents are currently below market rental rates. Landlord pays water and gas. Property features coin laundry in common area, locked tenant storage, private slider door out to a patio or deck and a covered walkway with automatic garage door access for parking. Major components including roof, boiler, and mechanicals have been well maintained. Two long-term tenants (5 and 15 years) are month-to-month, with two units on annual leases. Solid investment opportunity with stable income and room for future rent growth. Call a local trusted Realtor today for operating information or to schedule a tour.