258 E Adams Street, Ionia, MI 48846
258 E Adams Street, Ionia, MI 48846
258 E Adams Street, Ionia, MI 48846
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$180,000
Est. payment /mo
2,614 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Ionia City

MLS Listing ID 26015090

Year Built 1947

Annual Tax Amount $1,990

Tax Year 2025

Lot Size 2,614 Sqft

Acres 0.06

Lot Dimensions 33x85

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Maximize your ROI with this impeccably maintained duplex in the heart of Ionia. This is a rare ''plug-and-play'' opportunity where all the heavy lifting has already been completed, as the property has undergone a massive overhaul since 2018 designed to minimize future overhead and maximize peace of mind. Significant capital improvements include a complete replacement of the main sewer line, new main water line, two new furnaces, two new water heaters, new vinyl siding, energy-efficient windows, new roof over the garage, and a freshly paved driveway and sidewalks. The interior is equally impressive, featuring modernized kitchens with newer appliances and two 1-bedroom, 1-bathroom units that have enjoyed a consistent and strong occupancy history. The upper unit offers a premium feature for tenants with its own attached garage, adding further value to the asset. Perfectly situated just a short distance from the trails, parks, and charming shops of Historic Downtown Ionia, this property is ideally positioned to attract and retain quality long-term residents. Whether you are looking to start your portfolio or add a low-maintenance cornerstone asset, this duplex is fully rented and ready for a seamless transition to its next owner. Perfectly situated just a short distance from the trails, parks, and charming shops of Historic Downtown Ionia, this property is ideally positioned to attract and retain quality long-term residents. Whether you are looking to start your portfolio or add a low-maintenance cornerstone asset, this duplex is fully rented and ready for a seamless transition to its next owner.

Location

State MI

County Ionia

Direction M66 in Ionia south of Main Street to Adams Street, east to property at the corner of Adams Street and Jackson Street.

Rooms

Basement Michigan Basement

Interior

Heating Forced Air

Cooling None

Exterior

Parking Features Concrete, Driveway

Utilities Available Cable Available, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Metal

Street Surface Paved

Total Parking Spaces 2

Building

Lot Description Sidewalk, Corner Lot

Structure Type Aluminum Siding

New Construction No

Schools

School District Ionia

Others

Tax ID 203-090-000-090-00

Acceptable Financing VA Loan, FHA, Cash, Conventional

Listing Terms VA Loan, FHA, Cash, Conventional


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Listed by Keller Williams Realty Rivertown

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Sherie Berry

Sherie Berry

+1(616) 581-3294

Agent | License ID: 6501452737

Agent License ID: 6501452737

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