415-415.5 Clay Street, Niles, MI 49120

Property Description

Two Homes One Investment Opportunity in the City of Niles! Whether you're looking to start your real estate investing journey, add to an existing portfolio or live in one home while renting the other this property offers plenty of possibilities. With a solid rental history and one home already leased you can step into this investment with income already in place. The recently renovated front home features two bedrooms, one bathroom, a one-car garage, basement and covered front porch. Move-in ready with extensive improvements the home offers a renovated kitchen and bath with new cabinetry, countertops, flooring, refrigerator and stove. Additional updates include fresh paint and carpet throughout, new entry doors, three new window A/C units and a new water heater. The 100-amp electrical service has been completely rewired with new lighting and outlets throughout along with all-new plumbing and drains. The rear home features one bedroom and one bathroom and is currently leased. This low-maintenance slab home has also been recently updated with fresh paint and carpet along with an updated 100-amp electrical service. Additional features include gas hot-water heater, freestanding gas gravity heat and a window A/C unit. Each home sits on its own tax parcel with separate gas and electric service while water and sewer are combined. With extensive recent improvements, an established rental history and two homes offering multiple ownership options this is an investment opportunity worth a closer look.