213 Palmer Street, Rives Junction, MI 49277

Rives Junction
Local realty services provided by:ERA Greater North Properties
213 Palmer Street,Rives Junction, MI 49277
$399,000
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  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: doug beiswanger
Office: coldwell banker beiswanger realty group
MLS#:26024290
Source:MI_MICHRIC

Price summary

  • Price:$399,000

About this home

RURAL DUPLEX INVESTMENT WITH STRONG CASH FLOW AND SELLER LEASEBACK OPPORTUNITY - Turnkey rural duplex offering diversified rental income, outbuildings, and a built-in tenant via a sale-leaseback structure below current appraised value. This is a rare chance to acquire income-producing real estate with an agreed 36 month buy-back that targets a strong return on capital. Property And Unit Details • Unit 1: Currently rented at $2,500 per month, featuring 4 bedrooms, 2 bathrooms, a finished basement, and an on-site pole barn for storage, vehicles, or equipment - ideal for an owner-occupant or high-quality long-term tenant. • Unit 2: Currently rented at $650 per month, offering 2 bedrooms, 1 bathroom, and a kitchenette area, perfect for steady supplemental income or multi-generational living. • Rural setting provides privacy and a country feel while still within reasonable access to nearby towns, services, and employment corridors. • The seller is specifically seeking an investor to...

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Home facts

  • Year built:1900
  • Listing ID #:26024290
  • Added:1 day(s) ago
  • Updated:May 23, 2026 at 03:12 PM

Rooms and interior

  • Basement:Yes

Heating and cooling

  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1900
  • Lot area:0.63 Acres
  • Construction Materials:Brick, Vinyl Siding

Utilities

  • Water:Well

Finances and disclosures

  • Price:$399,000
  • Tax amount:$5,610 (2025)

Parking

  • Total parking spaces:25

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