429 N State Street , Big Rapids, MI 49307(Mecosta County)

0.37 Acres in Big Rapids, MI - $269,900

Welcome to this unique opportunity of owning two investment properties in one! Two family home(red 1-1/2 story) and a restaurant business on the same property. Restaurant building is currently leased as sandwich shop offering dining, take out, or delivery service.(under lease until 2024 with buyout options available.) Two family rental home offers upstairs unit with 1BR/1BA/Kitchen and downstairs with 3 BR/1BA/Kitchen. Current lease expires 7/31/2020. Very good rental history and occupancy with both units. Many updates to both units including, roof, siding, windows, electrical, water heaters, rain gutters, front porch, furnace(restaurant), insulation, appliances (apt.) and more! 12x18 storage garage included. Tenant pays water/sewer, mowing, snowplowing, and garbage service