NOT LISTED FOR SALE

226 E Cherry St Mason, MI 48854

-- Bed
-- Bath
2,346 Sq Ft
0.25 Acres

Last Sold April 23, 2018

Last sale price $87,300 $37 Per Sq Ft

88 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Wood Siding
  • 5 Car Detached Garage

About This Home

As of April 2018

Amazing investment opportunity within walking distance of Downtown Mason and Steele Elementary School. Upstairs is leased at $700/month. Downstairs is currently vacant, but has been leased for years at $800/month. In the past, the owner has also leased the garage separately for $100/month. This could also be the perfect opportunity for the savvy homeowner to live in one unit and lease the other.

Last Agent to Sell the Property

Adriane Lau

RE/MAX Real Estate Professionals License #6502356510 Listed on: 01/17/2018

RE/MAX Real Estate Professionals

Last Buyer's Agent

Adriane Lau

RE/MAX Real Estate Professionals License #6502356510 Listed on: 01/17/2018

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 82.5x132

Parking

  • 5 Car Detached Garage

Home Design

  • Shingle Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 2,346 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $18,000

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $652
  • New Taxes Expense $4,265

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Gross Rent: 18000.0
  • Less Fuel: 1108.0
  • Water Sewer Expenses: 652.0
  • Tax Year: 16
  • Levels: Two
  • Year Built: 1900
  • Lot Size Acres: 0.25
  • Lot Size: 82.5x132
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2346.0
  • General Property Info:Lot Size Dimensions: 82.5x132
  • General Property Info:Above Grade Finished Area: 2346.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Exterior:Wood Siding: Yes
  • Tax Info:Taxes2: 4171.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 2 Unit
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Tax Expense2: 4265.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Full, Michigan
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Basement:Michigan: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Patio And Porch Features: Covered
  • Construction Type: Aluminum Siding, Wood Siding
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Detached
  • Attached Garage: No
  • Parking Features:Detached: Yes
  • General Property Info:Parking Total: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Mason

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
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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
04/23/2018 04/23/18 Sold $87,300 -2.9% $37 / Sq Ft
03/03/2018 03/03/18 Pending -- -- --
02/19/2018 02/19/18 Price Changed $89,900 -10.0% $38 / Sq Ft
12/05/2017 12/05/17 For Sale $99,900 -- $43 / Sq Ft
Source: Greater Lansing Association of Realtors®

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 $4,165 $103,380 $40,340 $63,040
2024 $3,634 $105,280 $40,340 $64,940
2023 $3,634 $90,250 $34,290 $55,960
2022 $3,098 $65,580 $28,240 $37,340
2021 $3,035 $63,990 $28,240 $35,750
2020 $2,916 $63,990 $28,240 $35,750
2019 $2,910 $48,000 $0 $0
2018 $3,154 $59,650 $10,690 $48,960
2017 $4,261 $59,650 $10,690 $48,960
2016 -- $60,860 $12,100 $48,760
2015 -- $60,050 $24,204 $35,846
2014 -- $60,460 $34,289 $26,171
Source: Public Records

Agents Affiliated with this Home

  • Adriane Lau

    Seller's Agent in 2018

    Adriane Lau

    RE/MAX Michigan

    (517) 881-5182

    7 in this area

    317 Total Sales

    Adriane Lau
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 222010

Greater Lansing Association of Realtors®

APN: 33-19-10-09-158-004

Michigan Ingham County Mason 48854

226 E Cherry St, Mason, MI

Not Listed for Sale

MultiFamily

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