Estimated Value: $105,000 - $111,378
Ready to start building your financial future? This 2-unit rental property is your chance to step into the world of real estate investing and watch your money work for you. The current owner is retiring and passing on a well-maintained asset that's been cared for with dedication and sweat equity. Why This Property? Separate Utilities: Tenants handle their own gas and electric, while you cover the water—keeping things simple and straightforward. Unique Charm: Featuring Queen Anne glass windows and distinctive architecture, this property stands out from the rest and will attract quality tenants. Solid Investment: With the potential for steady rental income, this property is a smart move towards building your wealth and achieving financial independence. All you need is a knack for people skills and a willingness to learn the ropes of property management. This is more than just a real estate deal—it's your first step towards long-term success. Come see it for yourself and start your journey to financial freedom today!
Last Agent to Sell the Property
RE/MAX OF OWOSSO License #SAOR-6502128841 Listed on: 08/29/2024
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Bedrooms and Bathrooms
Utilities
Listing and Financial Details
Overview
Building Details
$124,900
Great investment property in the heart of Owosso! This 3 unit includes 2 1-bedroom, and 1-2 bedroom unit. Monthly rental income is $1600. Tenants pay for their own heat and electric. Landlord pays for water and trash (roughly $100/mo). All 3 units are currently rented and are on month to month leases. Stop out to the OPEN HOUSE: Saturday, June 14th from 12-2 PM!
Sada Mcniel ERA Prime Real Estate Group
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fear Avery N | $110,000 | Cislo Title | |
| Annoni Matthew | $174,000 | -- | |
| Flagg Earl | $42,500 | Chicago Title |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fear Avery N | $108,007 | |
| Previous Owner | Annoni Matthew | $139,200 | |
| Previous Owner | Annoni Matthew | -- | |
| Previous Owner | Flagg Earl | $50,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/10/2024 10/10/24 | Sold | $110,000 | -7.6% | $77 / Sq Ft |
| 09/11/2024 09/11/24 | Pending | -- | -- | -- |
| 08/29/2024 08/29/24 | For Sale | $119,000 | -- | $83 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2024 | $1,610 | $42,600 | $0 | $0 |
| 2023 | $715 | $37,700 | $0 | $0 |
| 2022 | $1,551 | $34,300 | $0 | $0 |
| 2021 | $1,480 | $32,200 | $0 | $0 |
| 2020 | $1,508 | $29,900 | $0 | $0 |
| 2019 | $1,481 | $22,700 | $0 | $0 |
| 2018 | -- | $22,600 | $0 | $0 |
| 2017 | -- | $22,300 | $0 | $0 |
| 2016 | -- | $22,300 | $0 | $0 |
| 2015 | -- | $22,100 | $0 | $0 |
| 2014 | -- | $21,900 | $0 | $0 |
Seller's Agent in 2024
Lance Omer
RE/MAX Michigan
(989) 720-3592
79 Total Sales
Source: Michigan Multiple Listing Service
MLS Number: 50154579
APN: 050-090-001-008-00
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Source MLS: MiRealSource
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