$55,000

211 N Lansing St Owosso, MI 48867

Estimated payment $421/month

Total Views 47,018
3 Beds
2 Baths
1,460 Sq Ft
$38 Price per Sq Ft

About This Home

Investor's Special! This duplex in Owosso offers a great opportunity to build equity and generate rental income. One unit is currently rented, providing immediate cash flow, while the other unit is vacant and ready for your vision. Solid potential. This property is ideal for investors looking for their next project or first-time buyers seeking an income-generating opportunity. With a little TLC, the vacant unit could be transformed to maximize value and rental income. Conveniently located near schools, shopping, and local amenities, this duplex is full of possibilities. Don’t miss out on this investment opportunity—call the listing office for the details!

Last Listed By

Jeff McIntyre

Home Field Michigan Real Estate License #SAOR-6502431632 Listed on: 12/31/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 38x126

Interior Spaces

  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 050-660-009-008-00

Community Details

Overview

  • 2 Units
  • Al & Bo Williams Add Subdivision

Building Details

  • Net Operating Income $9,476

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1910
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1460

Exterior Features

  • Frontage: 38
  • Foundation Type: Basement, Crawl

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 050-660-009-008-00
  • Lot Dimensions: 38x126
  • Acreage: 0.11
  • Geo Subdivision: MI

Rental Info

  • Total Expenses: 3123.8

Tax Info

  • Summer Tax: Year: 2024, Amount: $727.00
  • Winter Tax: Year: 2024, Amount: $852.00
  • Total Tax: Year: 2024, Amount: $1,579.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Owosso Public Schools

Map

Range of Values:

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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

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
2024 $1,547 $35,300 $0 $0
2023 $687 $31,600 $0 $0
2022 $1,490 $28,700 $0 $0
2021 $1,422 $26,600 $0 $0
2020 $1,448 $24,700 $0 $0
2019 $1,422 $21,800 $0 $0
2018 -- $21,700 $0 $0
2017 -- $21,300 $0 $0
2016 -- $21,300 $0 $0
2015 -- $21,300 $0 $0
2014 -- $21,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 For Sale $55,000 -- $38 / Sq Ft
Source: Michigan Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Deed -- New Title Company Name
Interfamily Deed Transfer -- None Available
Land Contract $68,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $65,000 Seller Take Back
Source: Public Records

Source: Michigan Multiple Listing Service

MLS Number: 50163694

Michigan Multiple Listing Service

APN: 050-660-009-008-00