$229,900
 $1,234 est/mo Sourced by Back At You
Source MLS Verified

118 W Chicago Road,Allen, MI 49227

Allen, MI 49227

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Description

Excellent investment opportunity between Jonesville & Coldwater on US-12 ! This well-maintained four-unit apartment building features three apartments on the main level and one spacious apartment upstairs, offering outstanding income-producing potential. Apartment A has been beautifully renovated '26, while the additional apartments feature comfortable living spaces with unique character and strong rental appeal. Attached garage/storage building. This property presents an exceptional opportunity for investors seeking immediate rental income and long-term appreciation. Seller currently occupies one main-level apartment and will lease it back after closing for $650 per month, with lease-back terms to be negotiated as part of the purchase agreement. Do not view without an appointment with agent.

Details

MLS #26038619
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site76
Listing Provided ByPlayford Real Estate | Mary Playford

Features

Bath(s)1
BasementY
Units4
Building(s)1
Acreage0.25

Taxes

Property1134

Area Information

StateMI
CountyHillsdale
CityAllen
Zip Code49227
School DistrictQuincy
High SchoolQuincy
Listing VS Median (in 49227)
Price:
$229,900
low | high
Med:
$174,900
73.923444976077% of Average
On site:
76
low | high
Med:
80
95% of Average
Sourced by Back At You

Market Activity 49227

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Learn More About This Property

StateMI
CountyHillsdale
CityAllen
Zip Code49227
School DistrictQuincy
High SchoolQuincy
Listing VS Median (in 49227)
Price:
$229,900
low | high
Med:
$174,900
73.923444976077% of Average
On site:
76
low | high
Med:
80
95% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $172K - $287K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
118 W Chicago Road Property Photo 1
$229,900
118 W Chicago Road
Allen, MI 49227
Listing Updated: September 29, 2026 at 4:27:36 AM PDT