NOT LISTED FOR SALE

10 Gibbs St Mount Clemens, MI 48043

13 Beds
11 Baths
4,960 Sq Ft
0.26 Acres

Last Sold June 17, 2022

Last sale price $550,000 $111 Per Sq Ft

22 Days on Market

Highlights

  • Covered Patio or Porch
  • Baseboard Heating
  • Laundry Facilities
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • High Speed Internet

About This Home

As of June 2022

OWN A PIECE OF HISTORY! 11 UNITS, 1 ROOF! THIS INCOME PRODUCING PROPERTY WAS COMPLETELY RENOVATED IN 2016: FULL DEMO TO STUDS, INSULATION, ARGON AND LOW E WINDOWS THROUGHOUT, ALL NEW ELECTRIC WIRING/PANELS/INDIVIDUAL METERS THROUGHOUT, PEX PLUMBING, REMOVED DROP CEILING OPENING 8 UNITS TO 12' DRYWALLED CEILINGS, ALL NEW KITCHENS WITH GRANITE TOPS, NEW CARPET/TILE THROUGHOUT, LED EXTERIOR LIGHTING, PANEL FENCE ON 1 SIDE IN REAR, ALL UNITS WIRED FOR INTERNET/CABLE, SMART INTERCOM SYSTEM, ALL NEW STEEL EXTERIOR DOORS, ALL NEW APPLIANCES, TANDEM HIGH EFFICIENCY BOILER SYSTEM,WIRED CAMERAS1, UNIT HAS MINI SPLIT A/C INSTALLED IN 2022, ROOF SEALED AND SILVER COATED IN 2016, COIN OPERATED LAUNDRY AND MORE! NO SHOWINGS UNLESS SIGNED PURCHASE AGREEMENT. ALL UNITS ARE OCCUPIED PLEASE DO NOT BOTHER TENANTS. PROPERTY IS AGENT OWNED. PACKAGE THIS PROPERTY WITH FULLY OCCUPIED TRI-PLEX DIRECTLY NEXT DOOR (MLS 2220030107) PROPERTY HAS BEEN WELL MAINTAINED AND CARED FOR. RENTS WELL UNDER MARKET.

Last Agent to Sell the Property

Scott Lucas

RE/MAX First License #6501411303 Listed on: 04/26/2022

RE/MAX First

Last Buyer's Agent

Scott Lucas

RE/MAX First License #6501411303 Listed on: 04/26/2022

RE/MAX First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926 | Remodeled in 2016

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 91x125
  • Fenced
  • Historic Home

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 11 Full Bathrooms
  • 4,960 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Basement
  • Basement Window Egress
  • Fire Sprinkler System

Parking

  • Lighted Parking
  • Paved Parking
  • Unassigned Parking

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 11 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 1113151002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,763

Year Built

Built in 1926 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Historic
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 130800.0000
  • Year Renovated: 2016
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: ENERGY STAR® Qualified Light Fixture(s), High Spd Internet Avail, Laundry Facility, Intercom, Fire Sprinkler, Cable Available, Egress Window(s), ENERGY STAR® Qualified Window(s)
  • Total Bathrooms: 11.00
  • Full Bathrooms: 11
  • Basement: Yes
  • Basement Type: Daylight
  • Sq Ft Combined: 7440
  • Sq Ft Lower Floor: 2480
  • Total Sq Ft: 4960
  • Sq Ft Total Bsmt: 2480

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 91
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Lighted, Paved, Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s)
  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Mount Clemens

Lot Info

  • Lot Size Area: 0.26
  • Lot Dimensions: 91x125
  • Parcel Number: 1113151002
  • Zoning: Residential

Rental Info

  • Rent Includes: Heat, Water/Sewer, Snow Removal, Trash Collection (Garbage Pickup), Water, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 7475

Tax Info

  • Tax Amount Summer: 7600.0000
  • Tax Amount Winter: 163.0000
  • Total Tax: 7763.0000
  • Taxable Value: 105573.0000

Multi Family

  • Gross Scheduled Income: 89700.00
  • Number Of Units Total: 11
  • Unit Count: 11
  • Number of One Bedroom Units: 9
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 11

MLS Schools

  • School District: Mount Clemens

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2022 06/17/22 Sold $550,000 -45.0% $111 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/02/2022 05/02/22 Price Changed $1,000,000 0.0% $202 / Sq Ft
04/26/2022 04/26/22 For Sale $999,999 +1900.0% $202 / Sq Ft
03/03/2016 03/03/16 Sold $50,000 -16.7% $10 / Sq Ft View Prior Sale
02/08/2016 02/08/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $60,000 +12531.6% $12 / Sq Ft
08/15/2014 08/15/14 Sold $475 0.0% $0 / Sq Ft View Prior Sale
06/11/2014 06/11/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $475 -- $0 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Scott Lucas

    Seller's Agent in 2022

    Scott Lucas

    RE/MAX

    (586) 524-7589

    2 in this area

    53 Total Sales

    Scott Lucas
    Section Image
  • George Nijem

    Seller's Agent in 2016

    George Nijem

    Realtyflo Inc

    (248) 229-7503

    88 Total Sales

    George Nijem
    Section Image

  • G

    Buyer's Agent in 2016

    Greg Flatt

    Temporary Inactive Users

  • G

    Buyer's Agent in 2016

    Gregory Flatt

    Temporary Inactive Users

    Section Image
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Map

Source: Realcomp

MLS Number: 2220030312

Realcomp
Michigan Macomb County Mount Clemens 48043

10 Gibbs St, Mount Clemens, MI

This home is located at 10 Gibbs St, Mount Clemens, MI 48043 since 26 April 2022. This property was built in 1926. 10 Gibbs St is a home located in Macomb County with nearby schools including Mount Clemens High School, Prevail Academy, and Montessori Stepping Stones School.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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