Seller's Agent in 2025
Scott Timms
Coldwell Banker Beiswanger Realty Group
(517) 817-9517
147 Total Sales
--
Bed
--
Bath
3,456
Sq Ft
1.3
Acres
Highlights
- Window Unit Cooling System
- Baseboard Heating
- Level Lot
- Forced Air Heating System
About This Home
As of March 2025Located in popular Western School District, this 12 unit property is available for its new owner operator. Current CAP Rate approx. 11%. Growth potential to drive CAP Rate higher. Each building provides four units. Each unit provides living room, kitchen with appliances, two bedrooms, and one bathroom. Ample parking space for all tenants. 8 units updated in the last year. Large yard area for entertaining. Property offers easy access for eastbound and westbound commuters.
Last Agent to Sell the Property
Coldwell Banker Beiswanger Realty Group License #6501424452 Listed on: 03/06/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 1.3 Acre Lot
- Lot Dimensions are 390x145
- Level Lot
Home Design
- Slab Foundation
- Composition Roof
- Vinyl Siding
Parking
- 30 Parking Spaces
- Gravel Driveway
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Window Unit Heating System
- Baseboard Heating
- Natural Gas Connected
- Individual Gas Meter
- Cable TV Available
Additional Features
- Laundry in unit
- Stepless Entry
Listing and Financial Details
- Tenant pays for electric, gas
- The owner pays for trash collection, water, sewer
Community Details
Overview
- 3 Buildings
- 12 Units
Building Details
- Insurance Expense $2,500
- Maintenance Expense $3,200
- Utility Expense $2,100
- Operating Expense $43,500
- Gross Income $103,700
- Net Operating Income $60,200
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/07/2025 03/07/25 | Sold | $553,000 | +0.5% | $160 / Sq Ft | |
| 02/05/2025 02/05/25 | Pending | -- | -- | -- | |
| 12/01/2024 12/01/24 | Off Market | $550,000 | -- | -- | |
| 09/12/2024 09/12/24 | For Sale | $550,000 | +34.1% | $159 / Sq Ft | |
| 05/07/2021 05/07/21 | Sold | $410,000 | +241.7% | $119 / Sq Ft | View Prior Sale |
| 03/10/2021 03/10/21 | Pending | -- | -- | -- | |
| 05/27/2016 05/27/16 | Sold | $120,000 | -- | $35 / Sq Ft | View Prior Sale |
| 03/10/2016 03/10/16 | Pending | -- | -- | -- |
Source: MichRIC
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,925 | $73,300 | $0 | $0 |
| 2024 | $31 | $75,100 | $0 | $0 |
| 2023 | $3,544 | $74,400 | $0 | $0 |
| 2022 | $5,087 | $87,200 | $0 | $0 |
| 2021 | $4,944 | $102,100 | $0 | $0 |
| 2020 | $1,938 | $105,200 | $0 | $0 |
| 2019 | $4,272 | $100,200 | $0 | $0 |
| 2018 | $4,656 | $79,400 | $0 | $0 |
| 2017 | $5,125 | $89,300 | $0 | $0 |
| 2016 | $353 | $89,285 | $35,510 | $53,775 |
| 2015 | $2,891 | $83,137 | $83,137 | $0 |
| 2014 | $2,891 | $83,137 | $0 | $0 |
| 2013 | -- | $83,137 | $83,137 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Timms
-
Todd Rowe
Buyer's Agent in 2025
Todd Rowe
Coldwell Banker Beiswanger Realty Group
(517) 795-9226
85 Total Sales
-
Doug Beiswanger
Seller's Agent in 2021
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
(517) 914-9555
438 Total Sales
-
Phil Morgan
Seller's Agent in 2016
Phil Morgan
ERA REARDON REALTY, L.L.C.
(517) 782-2024
64 Total Sales
-
Cliff Risner
Buyer's Agent in 2016
Cliff Risner
Executive Brokers Residential and Commercial Real Estate
(517) 315-4400
53 Total Sales
-
C
Buyer's Agent in 2016
Clifford Risner
Coldwell Banker Beiswanger Realty Group
Map
Source: MichRIC
MLS Number: 24048171
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
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