$500,000
PENDING

Estimated payment $3,190/month

Total Views 3,478
6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • A-Frame Home
  • Fenced
  • Heating System Uses Natural Gas
  • Ceiling Fan

About This Home

Two flat with two legal units, a ground level 2 bedroom + den (office) with 1,000 SF; and a duplex on floor 2 and 3 with four bedrooms, 2 bathrooms, and dual heating/AC with 1,750 SF. Both units occupied by tenants for over two years, with records of 100% timely payments. Both tenants have a desire to continue renting but new owner has the option to request the units be vacated with proper head notice. new owner has the option to request the units be vacated with proper head notice.

Listing Agent

Kirk Bennett

ByOwner.com License #471008011 Listed on: 06/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,429

Year Built

  • Built in 1891 | Remodeled in 2024

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125
  • Fenced

Home Design

  • A-Frame Home
  • Brick Exterior Construction
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms
  • Dual Sinks
  • Shower Body Spray

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $3,000
  • Water Sewer Expense $1,000
  • Gross Income $44,400
  • Net Operating Income $40,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,429

Year Built

Built in 1891 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: A-Frame
  • New Construction: No
  • Year Built: 1891
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • MRD_WaterViewYN: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Basement: Crawl Space
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: Ceiling Fan(s)
  • Bathroom Amenities: Double Sink,Full Body Spray Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Disposal,Central Air Conditioner,Laundry Hook-Up,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Laundry Hook-Up,Range Hood,Hardwood Floors,Skylights/Windows

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Foundation Details: Stone
  • List Price: 500000
  • Lot Features: Other
  • Roof: Asphalt
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Lake Michigan

Fee Information

  • Water Sewer Expenses: 1000

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 40400
  • Insurance Expense: 3000
  • GrossIncome: 44400
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 5429
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

Collateral Analytics

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Average Value
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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
07/08/2025 07/08/25 Pending -- -- --
06/30/2025 06/30/25 For Sale $500,000 +222.6% --
03/11/2015 03/11/15 Sold $155,000 -2.5% --
03/06/2015 03/06/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $158,900 0.0% --
12/14/2014 12/14/14 Pending -- -- --
12/11/2014 12/11/14 For Sale $158,900 0.0% --
11/15/2014 11/15/14 Pending -- -- --
11/14/2014 11/14/14 For Sale $158,900 0.0% --
10/30/2014 10/30/14 Pending -- -- --
09/11/2014 09/11/14 For Sale $158,900 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12407787

Midwest Real Estate Data (MRED)