Estimated payment $633/month
Time to Make it Yours on Marsac! This multi family unit is beaming with opportunity for next investment. The upper unit offers a separate exterior entrance. New flooring throughout the 2 bedroom, 1 bathroom unit. The lower unit is larger and boasts 2 entrances, one off the back and one off the adorable front porch. The kitchen flows into the large living room with real hardwood floors that run through both bedrooms. Both units are currently rented with a month-to-month agreement. Central boiler system located in the common area basement heats both units, water is shared, electricity is separate. This two unit building is located on a nice corner lot and bringing in a combined total of $1550 in income monthly! Add to your current investment portfolio or get a jump start with this income producing unit. Back on market due to buyer's financing falling through.
| 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 | $1,979 | $38,100 | $0 | $0 |
| 2024 | $1,726 | $30,550 | $0 | $0 |
| 2023 | $881 | $20,400 | $0 | $0 |
| 2022 | $1,811 | $18,450 | $0 | $0 |
| 2021 | $1,044 | $16,700 | $16,700 | $0 |
| 2020 | $1,306 | $14,700 | $14,700 | $0 |
| 2019 | $1,240 | $13,950 | $0 | $0 |
| 2018 | $1,312 | $13,600 | $0 | $0 |
| 2017 | $1,146 | $13,450 | $0 | $0 |
| 2016 | $1,145 | $14,950 | $0 | $14,950 |
| 2015 | $1,713 | $16,800 | $0 | $16,800 |
| 2014 | $1,713 | $22,300 | $0 | $22,300 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | For Sale | $95,000 | 0.0% | $63 / Sq Ft |
| 06/24/2025 06/24/25 | Pending | -- | -- | -- |
| 05/22/2025 05/22/25 | For Sale | $95,000 | +3.3% | $63 / Sq Ft |
| 11/17/2023 11/17/23 | Sold | $92,000 | -3.2% | $61 / Sq Ft |
| 09/26/2023 09/26/23 | Pending | -- | -- | -- |
| 08/25/2023 08/25/23 | For Sale | $95,000 | -- | $63 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $92,000 | None Listed On Document | |
| Special Warranty Deed | $15,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Sheriffs Deed | $57,226 | -- | |
| Warranty Deed | $56,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $69,000 | New Conventional | |
| Previous Owner | $0 | Future Advance Clause Open End Mortgage |
$110,000
Prime investment opportunity! This multi-family house features 3 units. One upper 3 bdrm, 1 lower 2 bdrm and a studio. All units include refrigerator and stove. New roof and fascia were recently finished along with the exterior being freshly painted. House is city certified and inspected. There is parking available in driveway and parking pad on south side of house. Located across the street
Laura Kroll Smith Street
Source: Michigan Multiple Listing Service
MLS Number: 50175671
APN: 09-160-033-308-005-00
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Source MLS: MiRealSource
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