145 Lafayette Street, Ionia, MI 48846
145 Lafayette Street, Ionia, MI 48846
145 Lafayette Street, Ionia, MI 48846
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$274,900
Est. payment /mo
6,098 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 26028658

Year Built 1900

Annual Tax Amount $3,481

Tax Year 2026

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 47x132

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Investment and/or Owner Occupied Opportunity Alert! Current rents $1250 & $1100, with owner occupying the 3rd unit, potential to earn $3,000/month. Rare and outstanding opportunity to own an income-producing triplex in a convenient location close to downtown! All three units have been updated, offering modern appeal for tenants and reduced maintenance concerns. Updated windows and siding add even more value to this turnkey property. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the others, this property offers flexibility and excellent cash flow potential. Opportunities like this do not come around often!

Location

State MI

County Ionia

Direction Bluewater Hwy (M-21) past M-66 South to Rich, Right to Lafayette, right to home

Rooms

Basement Michigan Basement

Interior

Heating Forced Air

Cooling None

Exterior

Parking Features Paved

Utilities Available Phone Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 3

Building

Structure Type Vinyl Siding

New Construction No

Schools

School District Ionia

Others

Tax ID 203-230-000-115-00

Acceptable Financing VA Loan, FHA, Cash, Conventional

Listing Terms VA Loan, FHA, Cash, Conventional


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Listed by Five Star Real Estate (Walker)

Nearby Locations

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Sherie Berry

Sherie Berry

+1(616) 581-3294

Agent | License ID: 6501452737

Agent License ID: 6501452737

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