Elizabeth Roch, Listing Office: @properties Christie's International R.E.
$10,000
closing credit¹
311 E Mechanic St Unit 17 New Buffalo, MI 49117
Property details
About 311 E Mechanic St Unit 17
Ground Zero New Buffalo! Rare opportunity to own a Merchant St. cottage. This 2,600 sq ft 5 bedroom, 3.5 bath, professionally designed home offers cozy but modern vibe. Walk to everything, 3 blocks to downtown New Buffalo! Beach & shared neighborhood pool walking distance. This is a turn key rental! Home has rental permit in place and generates $125,000 of documented rental income annually. Perfect for family that wants to enjoy and have it pay for itself too! Home features include 2 covered porches, heated lower level floors with polished concrete, hardwood floors throughout and rough sawn shiplap walls everywhere. Home comes furnished as in pictures.
Highlights
(Pending)
Summary
- MLS Number: 25002077
- Office Name: Kermath Realty LLC
- Office Phone: (734) 649-4903
- Listing Agent: Jeff Kermath
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Last updated on: 1/29/2025, 3:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,089,000
311 E Mechanic St Unit 17
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
9
New Buffalo Elementary School
Public District PK-5
1.3 mi
•12291 Lubke Rd
6
Springfield Elementary School
Public District PK-6
5.4 mi
•3054 W 800 N
6
Three Oaks Elementary School
Public District 3-5
6.9 mi
•100 Oak St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,762. Most New Buffalo, MI residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
Similar homes for sale
This home is located at 311 E Mechanic St Unit 17 in New Buffalo, MI and zip code 49117. This 2,598 square foot home, which was built in 2018, sits on a 0.11 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $1,089,000.
In December 2024, from all listings sold in New Buffalo, MI there were more than 0 sold above asking price, over 9 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in New Buffalo, MI between November and December 2024 decreased by 8.6%. The median list price of listings available in December 2024 was $649,950, while the average time on the real estate market was 270 days.