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Jenn Smart

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301 Nicholas , Palmer, MI 49871
$325,000
Est. Payment: $1,693.62/mo
8 Bed
4 Bath
3072 Sqft
Status: active | Days on site: 20
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding you are providing Jenn Smart with your express written consent to send you marketing and promotional communications via calls or prerecorded messages dialed by a natural person or by using an artificial or automated telephone dialing system.

By checking the box, you consent to receive marketing text messages. If checked, you consent to receiving texts including marketing and promotional communications, from Jenn Smart. Messages and data rates may apply. Message frequency varies. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms & Conditions and Privacy Policy.
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Jenn Smart
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House Description

This well-maintained four-unit apartment building in Palmer offers a strong rental history and consistent occupancy, making it an attractive addition to an investment portfolio. Each unit features two bedrooms and one full bathroom, with recent updates to the bathrooms and flooring. All four units are currently occupied under year-long leases at $850 per month, with tenants responsible for their own electric service. A coin-operated laundry area in the basement provides added convenience, while indoor storage spaces offer tenants extra room for their belongings. Palmer is a small community known for its welcoming atmosphere and neighborly feel, while also offering convenient proximity to a major area employer. With steady income potential and practical tenant features, this fully occupied property presents an appealing investment opportunity with an established rental history.
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Highlights

Listed by ADAM KARKI , 906-360-5420 KELLER WILLIAMS FIRST UP , 906-273-1183. MiRealSource, Inc. mls logo

Property Type

Multi-Family
Lot/Acreage
0.26

Year Built

1965

County

Marquette

Area

Richmond Twp (52026)

 Neighborhood

N/A

 School District

Negaunee Public Schools

Listing ID

50215315

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Appliances:Dryer, Range/Oven, Refrigerator, Washer
Above Ground Sq Ft:3072
Basement:Full
Water:Public Water

Exterior Features

Lot Dimensions:100x150x50x75x50x75
Sewer:Public Sanitary
Principal Interest
$1,694
Taxes
$207

Home Price

$325,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$65,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,693.62

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,693.62 $207.19 $0.00 $1,900.81
Yearly $20,323.44 $2,486.25 $0.00 $22,809.69
Total $609,703.27 $74,587.50 $0.00 $684,290.77
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So-Crates Johnson
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Market insight data is pulled from the same city as the listing being viewed (Palmer, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

IDX service by Blueroof 360

Data last updated: 2026-09-02T03:11:55.100Z

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