$249,000
Marshall, MI 49068
MLS# 26051239
1 / 25
Property Description
FULLY lease 3-Unit Investment opportunity on a quiet street in the desirable town of Marshall. These opportunities are rare. This Triplex generates a gross rent of $2,600 ($31,200 annually), which provides immediate cash flow, plus allowing investors to capitalize on below-market rents. Seller is also listing 611 W Prospect (immediately next door) for sale and is willing to offer a discount to a qualified portfolio buyer.
Details
Location & Property Info
Cross Streets: Sycamore & Linden
Property Sub-Type: 2 to 4 Units
Municipality: Marshall City
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 66 x 105.00
Financial Available: Yes
Road Frontage: 66
Waterfront: No
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Parking Spaces: 4
School District: Marshall
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 6926
Lot Acres: 0.16
Year Built: 1885
Tax Info
Taxable Value: 101038
SEV: 118000
For Tax Year: 2026
Seller's Annual Property Tax: 7491
Tax Year: 2026
Homestead %: 0
Spec Assessment & Ty: none known
Tax ID #: 53-000-235-00
Remarks & Misc
Public Remarks: FULLY lease 3-Unit Investment opportunity on a quiet street in the desirable town of Marshall. These opportunities are rare. This Triplex generates a gross rent of $2,600 ($31,200 annually), which provides immediate cash flow, plus allowing investors to capitalize on below-market rents. Seller is also listing 611 W Prospect (immediately next door) for sale and is willing to offer a discount to a qualified portfolio buyer.
Legal: MARSHALL CITY, LOWER VILLAGE E 2 RDS LOT 4, EXC S 60 FT & W 2 RDS LOT 5, EXC S 60 FT. ALL IN BLK 7.
Lot Description
Sidewalk: 1
Street Type
Paved: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Cable Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Exterior Material
Vinyl Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
None: 1
Driveway
Paved: 1
Substructure
Michigan Basement: 1
Extras
Garages: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: Unit A
SqFt: 1133
Occupied: No
Monthly Rent: 1300
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit Description: Unit B - STUDIO
SqFt: 280
Occupied: No
Monthly Rent: 875
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Unit 3
Unit Description: Unit C - Upstairs
SqFt: 563
Occupied: Yes
Monthly Rent: 975
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Location Property Info
County: Calhoun
Street #: 607
Street Direction: W
Street Name: Prospect
Suffix: Street
State: MI
Zip Code: 49068
Zip (4): 2301
OfficeContract Info
Status: Active
Current Price: $249,000
List Price: $249,000
Listing Date: 2026-09-25
Remarks Misc
Directions: Front Michigan Ave, go north on Mulberry, turn west on Prospect. Building is on the south side of the road.
Property Features
Exterior Material: Vinyl Siding
Substructure: Michigan Basement
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Public Sewer; Public Water; Storm Sewer
Extras: Garages
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Driveway: Paved
Street Type: Paved
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Sale Conditions: None
Unit 1: A/C Unit; Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Unit 3: Range/Oven; Refrigerator
Listing Office: Five Star Real Estate
Listing Agent: Liz Beischer
Last Updated: October - 04 - 2026
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