NOT LISTED FOR SALE

203 W Thorn St Hastings, MI 49058

-- Bed
-- Bath
-- Sq Ft
0.54 Acres

Last Sold January 04, 2021

Last sale price $473,000

1 Day on Market

Highlights

  • Waterfront
  • Baseboard Heating
  • 3-minute walk to Tyden Park
  • 0.54 Acre Lot

About This Home

As of January 2021

A rare find & great investment opportunity. This 8 unit apartment complex is perfect for anyone looking to invest in Real Estate & get a nice return on that investment. The current rents appear to be well below market & could be increased substantially. 6 of the leases are currently monthly to month. 2 of them expire March of 2021. Contact us for current income & expenses & potential future income estimates. This is an opportunity that will not be around long, don't delay! Call us today!

Last Agent to Sell the Property

Mark Hewitt

Miller Real Estate License #6502334364 Listed on: 10/16/2020

Last Buyer's Agent

Kathy Dennison

Lighthouse Property Management License #6502319881

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,344

Year Built

  • Built in 1972

Lot Details

  • 0.54 Acre Lot
  • Waterfront

Parking

  • 8 Parking Spaces

Home Design

  • Composition Roof

Basement

  • Crawl Space

Utilities

  • Baseboard Heating
  • Natural Gas Connected

Listing and Financial Details

  • The owner pays for water, sewer

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $4,600
  • Maintenance Expense $2,800

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,344

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 495000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Thornapple River
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Heating: Electric, Baseboard
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.54
  • Lot Size Area: 0.54
  • Lot Size Sq Ft: 23479.0
  • Zoning Description: A-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer

Multi Family

  • Insurance Expense: 4600.0
  • Maintenance Expense: 2800.0
  • Number of Units Total: 8

Tax Info

  • Tax Annual Amount: 8344.0
  • Tax Year: 2020

Range of Values:

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List Price
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 List to Sale Price per Sq Ft
01/04/2021 01/04/21 Sold $473,000 -4.4% --
10/17/2020 10/17/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $495,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark Hewitt

    Seller's Agent in 2021

    Mark Hewitt

    Miller Real Estate

    (269) 838-7005

    57 in this area

    196 Total Sales

    Mark Hewitt
    Section Image
  • Kathy Dennison

    Buyer's Agent in 2021

    Kathy Dennison

    Lighthouse Property Management

    (616) 257-9577

    1 in this area

    35 Total Sales

    Kathy Dennison
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20043655

Southwestern Michigan Association of REALTORS®
Michigan Barry County Hastings 49058

203 W Thorn St, Hastings, MI

This home is located at 203 W Thorn St, Hastings, MI 49058 since 16 October 2020. This property was built in 1972. 203 W Thorn St is a home located in Barry County with nearby schools including Hastings High School and St. Rose of Lima School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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