2 months on rocket

16 S 7th St, Niles, MI, 49120

$180,000

Home List Price

$2,138*

Closing Credit

0 Baths
Multi

Location

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16 S 7th St, Niles$180,000

Buyer Closing Credits

$2,138*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1930
HeatingNatural Gas, Forced Air
CoolingWall Unit(s)
BasementYes
MLS #69024046346
Lot Size0.14 Acres
StatusActive

About 16 S 7th St

Seize a prime investment opportunity with this well-maintained 2-unit multi-family property located in the vibrant city of Niles. This income-generating asset features two fully-occupied units, offering immediate rental income for savvy investors.

Property Details

Property Features

Property Information:

  • Year Built: 1930

Listing Office:

  • Office Name: Century 21 Affiliated
  • Office Phone: (269) 588-5055
  • Listing Agent: Carlos Trimble

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Niles Senior High School, Public District Grades 9-12
  • Ring Lardner Middle School, Public District Grades 7-8
  • Ballard Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Broadway & 7, S. 1 block to address, on west side of street

Price Information

Listing Price Info

Price Summary:

  • List Price: $180,000

Tax Information:

  • Annual Amount: $2,160
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Niles, MI.

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Niles, MI

City

Med. Sold Price

$179.9K

Med. Price/SqFt

$150

Avg. Days On Market

37

# of Sold Homes

38

16 S 7th St vs Niles

61 DAYS ON ROCKET

+24 Days

$180,000

+$75 More

KEY TAKEAWAY

This property is $75 more than the Median Sold Price in Niles, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Southwestern Michigan Association of REALTORS®
  • MLS Number: #69024046346

Listing Office:

  • Office Name: Century 21 Affiliated
  • Office Phone: (269) 588-5055
  • Listing Agent: Carlos Trimble

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 06, 2019Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,160$47,400
2020$1,980$37,700
2019$1,935$35,600
2018$1,888$35,300
2017$1,856$38,300

History based on county public records data.

Payment Calculator

$966

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$606

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1932430
6
/10

  • Ballard Elementary School

  • 1601 W Chicago Rd

  • 1.65 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1932431
5
/10

  • Ring Lardner Middle School

  • 801 N 17th St

  • 1.04 miles

  • Public District Grades 7-8

High School

school-card-donut-1932432
6
/10

  • Niles Senior High School

  • 1441 Eagle St

  • 0.79 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,609. Residents of Niles, MI typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Berrien County›Niles›49120›16 S 7th St

This home is located at 16 S 7th St in Niles, MI and zip code 49120. This home, which was built in 1930, sits on a 0.14 acre lot. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $180,000.

While more than 8 listings in Niles, MI in October 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 22 were sold below. The number of listings in Niles, MI increased by 1.3% between September 2024 and October 2024. In October 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $179,925.

From Rocket Homes Real Estate and based on county public records data.

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