Estimated payment $1,724/month
About This Home
Welcome to the heart of downtown Byron with this great money maker property backing up to the Shiawassee river! This hard-to-find cash-flowing four-unit property boasts a unique charm with exposed brick interiors and tall windows flooding each unit with natural light. There is one 1 bedroom unit, and three 2 bedroom units, all with one bath. The vibrant atmosphere is complemented by the active efforts of the local development authority, dedicated to bringing more businesses to the area. Enjoy the convenience of walking to nearby amenities such as a gas station, restaurants, and the post office. The distinctive orange brick facade adds character to the building, making it a standout investment. Monthly rental income is $3,100(+/-). Electric heat with separate units. LOI must be accepted by the seller prior to viewing the property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Lot Details
- 1 Acre Lot
- Lot Dimensions are 63x227x66x232
Parking
- Paved Parking
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 4 Full Bathrooms
- 3,300 Sq Ft Home
- 2-Story Property
Utilities
- Back Up Electric Heat Pump System
- Separate Meters
Community Details
- 4 Units
- Original Plat Of Byron Village Burns Twp Subdivision
Listing and Financial Details
- Assessor Parcel Number 0166001501500
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,569 | $91,900 | $0 | $0 |
| 2024 | $2,709 | $93,000 | $0 | $0 |
| 2023 | $594 | $84,700 | $0 | $0 |
| 2022 | $2,896 | $79,100 | $0 | $0 |
| 2021 | $2,770 | $76,900 | $0 | $0 |
| 2020 | $2,677 | $70,700 | $0 | $0 |
| 2019 | $2,645 | $63,200 | $0 | $0 |
| 2018 | $2,588 | $59,300 | $0 | $0 |
| 2017 | $2,595 | $58,300 | $0 | $0 |
| 2016 | -- | $58,300 | $0 | $0 |
| 2015 | -- | $53,800 | $0 | $0 |
| 2014 | $4 | $54,400 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | For Sale | $259,900 | 0.0% | $79 / Sq Ft |
| 04/29/2025 04/29/25 | Pending | -- | -- | -- |
| 02/21/2025 02/21/25 | Price Changed | $259,900 | -3.7% | $79 / Sq Ft |
| 01/07/2025 01/07/25 | For Sale | $269,900 | -- | $82 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $210,000 | First American Title | |
| Deed | $126,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $157,500 | New Conventional | |
| Previous Owner | $128,925 | No Value Available | |
| Previous Owner | -- | No Value Available |
Source: Realcomp
MLS Number: 20250001395
APN: 016-60-015-015
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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