NOT LISTED FOR SALE

107 Rivershore Dr Elk Rapids, MI 49629

4 Beds
3 Baths
1,168 Sq Ft
6,970 Sq Ft Lot

Last Sold May 06, 2022

Last sale price $319,900 $274 Per Sq Ft

28 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Shed
  • Elk Rapids High School Rated A-
  • Forced Air Heating and Cooling System
  • High Speed Internet

About This Home

As of May 2022

Wonderful investment opportunity in the Village of Elk Rapids with instant income. June-Sept rented for over $25,000. Stick built 2 BR 1 BA home. 2 additional studio cabins. Short term rentals allowed. All properties have been updated, are clean and well maintained. All properties are being sold turn-key. Furnishings included with sale. Home roof was replaced in 2022. Large corner lot on Ames, Rivershore, and Fairbanks. Separate shed for additional storage. Includes a large concrete pad with full hook-ups. Walking distance to downtown ER, stores, restaurants and 1 block from Bass Lake public access and a short walk to Elk Lake Public access.

Last Agent to Sell the Property

Scott Moore

EXIT Northern Shores Realty-ER License #6501398436 Listed on: 04/04/2022

Last Buyer's Agent

Bob Brick

REMAX Bayshore - W Bay Shore Dr TC License #6502134537

REMAX Bayshore - W Bay Shore Dr TC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x142x56x158
  • The community has rules related to zoning restrictions

Parking

  • Assigned Parking

Home Design

  • 1,168 Sq Ft Home
  • Triplex
  • Ranch Style House
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Oven or Range

Outdoor Features

  • Deck
  • Shed

Schools

  • Lakeland Elementary School
  • Cherryland Middle School
  • Elk Rapids High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units
  • Er Iron Co's 1St Add Community

Listing and Financial Details

  • Rent includes water, sewer

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Triplex
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1950
  • Construction: Frame
  • Section Number: 28
  • Year Updated: 2020
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Interior Amenities: Drywall
  • Price Per Sq Ft: 273.89
  • Range: R 9W
  • Total Finished Sf Apx: 1168

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Deck
  • Exterior Finish: Vinyl Siding
  • Foundation: Slab
  • Number Of Acres: 0.16
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: Assigned Parking Spaces

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv, Dsl, Cable Internet, Wifi
  • Water: Municipal
  • Heating Cooling Type: Forced Air, Central Air, Wall

Association/Amenities

  • Development Name: ER Iron Co's 1st Add

Schools

  • School District: Elk Rapids Schools
  • Elementary School: Lakeland Elementary School
  • Middle School: Cherryland Middle School
  • High School: Elk Rapids High School

Lot Info

  • Lot Dimensions: 50x142x56x158
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Commercial

Rental Info

  • Included In Lease: Water, Sewer
  • Rent Spree Y N: No

Tax Info

  • Other Taxes: 228
  • Summer Taxes: 1217
  • Winter Taxes: 463

Multi Family

  • Total Number Units: 3

MLS Schools

  • Elementary School: Lakeland Elementary School
  • HighSchool: Elk Rapids High School
  • School District: Elk Rapids Schools
  • Middle School: Cherryland Middle School

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 Change Sq Ft Price
05/06/2022 05/06/22 Sold $319,900 0.0% $274 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $319,900 +77.7% $274 / Sq Ft
03/15/2019 03/15/19 Sold $180,000 -9.5% $154 / Sq Ft
11/10/2018 11/10/18 For Sale $199,000 -- $170 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1898159

Northern Great Lakes REALTORS® MLS