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Bailey Walsh

baileywalsh@epique.me +1(734) 417-2998

$ 799,999

Est. payment | -/mo

5 Acres Lot

Save

$ 799,999

Est. payment | -/mo

Save

5 Acres Lot

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality Camden Twp

MLS Listing ID 26044387

Year Built 1990

Annual Tax Amount $2,329

Tax Year 2026

Lot Size 5.000 Acres

Acres 5.0

Lot Dimensions irregular

Property Sub-Type 5+ Units

Source Michigan Regional Information Center (MichRIC)

Property Description

An exceptional value-add investment opportunity, this 20 unit apartment building at 323 E Bell St in Camden sits on a spacious 5 acre lot and offers tremendous upside potential for the right buyer. The unit mix features twelve 2-bedroom apartments and eight 1-bedroom apartments, ideal for capturing local rental demand. Major capital improvements have already been completed-including a new roof, updated camera system, and approximately 70% of the interior unit rehabs finished- drastically reducing the initial CapEx and timeline needed to reach full stabilization. Offered at $799,999 (under $40K per door), this property is being sold as a cash only deal, giving a buyer or investor the perfect entry point to complete the remaining interior updates, place qualified tenants, and maximize their rental yield.

Location

State MI

County Hillsdale

Direction From the north take Edon Rd (49) from US 12 go through Reading to Camden.

Rooms

Basement Slab

Interior

Heating Baseboard

Cooling Window Unit(s)

Laundry Common Area, Laundry Room, Main Level

Exterior

Parking Features Asphalt, Driveway

Utilities Available Electricity Available, Cable Available, Electricity Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 40

Building

Sewer Septic Tank

Structure Type Vinyl Siding

New Construction No

Schools

School District Camden-Frontier

Others

Tax ID 14 027 200 028 27 8 4

Acceptable Financing Cash

Listing Terms Cash

Listed by Integra Realty LLC

Nearby Locations

I'd love to help you on your search to finding the perfect home! No matter where you're at in the process - don't hesitate to reach out!

+1(734) 417-2998

baileywalsh@epique.me

2455 W Stadium Blvd, Ann Arbor, MI 48103, USA

323 E Bell Street #101 Camden, MI 49232