47
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$799,999
Est. payment /mo
13,700 SqFt
New
323 E Bell Street Camden, MI 49232
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,700 sqft
Price per Sqft $58
Subdivision Mi
MLS Listing ID 70554052
Year Built 1990
Annual Tax Amount $2,329
Tax Year 2026
Lot Size 5.000 Acres
Acres 5.0
Lot Dimensions irregular
Property Sub-Type Multi-Family
Property Description
An exceptional value-add investment opportunity, this 20 unit apartment building at 323 E Bell St in Camden sits on a spacious 5 acre lot and offers tremendous upside potential for the right buyer. The unit mix features twelve 2-bedroom apartments and eight 1-bedroom apartments, ideal for capturing local rental demand. Major capital improvements have already been completed-including a new roof, updated camera system, and approximately 70% of the interior unit rehabs finished- drastically reducing the initial CapEx and timeline needed to reach full stabilization. Offered at $799,999 (under $40K per door), this property is being sold as a cash only deal, giving a buyer or investor the perfect entry point to complete the remaining interior updates, place qualified tenants, and maximize their rental yield.
Location
State MI
County Hillsdale
Area Camden Twp (30005)
Interior
Heating Baseboard
Exterior
Exterior Feature Vinyl Siding
Building
Foundation Slab
Structure Type Vinyl Siding
Schools
School District Camden Frontier Schools
Others
Energy Description Electric
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Integra Realty LLC
Nearby Locations
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