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$2,200,000

  • Sold
  • Closed
  • Single Family
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32 unit apartment building in a growing submarket, with an attractive unit mix. There is coin-operated laundry and storage units, in each building. The electrical and gas are individually metered. Rents are below market. Value add opportunity to increase rents to market as leases expire. This could be a great opportunity for your next cost segregation study or 1031 exchange. Many capital improvements have been completed, some renovations completed are: common area updates, roof and gutters, exterior doors, appliances, unit renovations, parking lot repairs and much more.

Full Property Details for 70 N Lester Ave

General

  • Sold For: $2,200,000
  • Taxes: $27,425
  • Status: Closed
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 24054434
  • Added to Site: 227 day(s) ago

Parking

  • Total Spaces: 40

Location

  • Area: West Central - W
  • County: Newaygo
  • Cross Streets: North St & Pine Hill
  • Driving Directions: North on 37. Turn left(W) on Pine Hill St, turn right (N) on Lester

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall Unit(s)
  • Heating Type: Hot Water

Utilities

  • Sewer: Public Sewer
  • Utility Description: Natural Gas Connected, Electricity Connected

Structural Information

  • # Buildings: 2
  • Construction: Vinyl Siding, Wood Siding
  • Basement: Yes
  • Roof: Composition, Metal
  • Year Built: 1980

Lot Features

  • Lot Size (Acres): 3.12
  • Lot Size (Sq. Ft.): 135,817
  • Zoning: 201 Commercial

Financial Considerations

  • Tax Amount: $27,425.33
  • Terms: Cash, Conventional
  • Landlord Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Legal Description: PT SW1/4 COM N 0 DEG 34 MIN 17 SEC E 341.28 FT FROM SW SEC COR TH N 0 DEG 34 MIN 17 SEC E 327.1 FT TH N 89 DEG 33 MIN 6 SEC E 399.07 FT TH S 0 DEG 28 MIN 37 SEC W 327.1 FT S 89 DEG 33 MIN 6 SEC W 399.61 FT TO POB SEC 32 T14N R12W CITY OF WHITE CLOUD
  • Property ID: 11-32-300-039

Listed by MOXIE Real Estate + Development, Shawn Jacobs
Sold by Greenridge Realty (Ionia), Darin K Elliott

Listing agent

— 70 N Lester Ave —

  • Shawn Jacobs

    MOXIE Real Estate + Development

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 70 N Lester Ave

School District:White Cloud Public Schools
NameGradesDistance
White Cloud Elementary School
585 Pine Hill Street, White Cloud, MI 49349
K-50.4 mi
White Cloud Junior High School
555 E Wilcox Ave, White Cloud, MI 49349
7-80.4 mi
White Cloud High School
555 E Wilcox Ave, White Cloud, MI 49349
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 70 N Lester Ave

Date
Details
Price
Change
Source
10/15/2025
Sold
$2,200,000
-16.03%
MLS
5/09/2025
Price Reduced
$2,620,000
-3.68%
MLS
10/16/2024
Listed
$2,720,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by MOXIE Real Estate + Development, Shawn Jacobs
Sold by Greenridge Realty (Ionia), Darin K Elliott

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70 N Lester Avenue, White Cloud, MI 49349 (MLS# 24054434) is a Single Family property that was sold at $2,200,000 on October 15, 2025. Want to learn more about 70 N Lester Avenue? Do you have questions about finding other Single Family real estate for sale in White Cloud? You can browse all White Cloud real estate or contact a Coldwell Banker agent to request more information.