NOT LISTED FOR SALE

230 N Main St Lawton, MI 49065

-- Bed
-- Bath
-- Sq Ft
0.43 Acres

Last Sold October 01, 2012

Last sale price $113,500

109 Days on Market

About This Home

As of October 2012

Great investment opportunity in Lawton. Building has had extensive upgrades and updates.This property is located right in the middle of town on the main street through town. Walking distance to most businesses. 100% occupied. Don't miss out on this one. 24 hour notice to all tenants is required. Pre-qualified buyers only - proof of funds and financing prior to showings send to pmsmgtllc@aol.com Owner may consider financing options to quailified buyer

Last Agent to Sell the Property

Bonnie Gronado

i-VEST Real Estate Group License #6502348468 Listed on: 06/04/2012

Co-Listed By

Jesse Granado - Caporossi

i-VEST Real Estate Group License #6501339734

Last Buyer's Agent

Harvard Vallance

Betten Real Estate License #6501279784

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1940

Lot Details

  • 0.43 Acre Lot
  • Flag Lot

Parking

  • 14 Parking Spaces

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $2,251
  • Maintenance Expense $7,000
  • Manager Expense $1,971
  • Operating Expense $23,735
  • Gross Income $53,365
  • Net Operating Income $29,630

Property Details

Home Type

Apartment

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Block
  • List Price: 129000.0
  • Lot Features: Flag Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 14.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Size Sq Ft: 18731.0

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Gross Income: 53365.0
  • Insurance Expense: 2251.0
  • Maintenance Expense: 7000.0
  • Manager Expense: 1971.0
  • Net Operating Income: 29630.0
  • Number of Units Total: 3
  • Operating Expense: 23735.0

Tax Info

  • Tax Annual Amount: 3683.0

Range of Values:

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Average Value
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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 Change Sq Ft Price
10/01/2012 10/01/12 Sold $113,500 -12.0% --
09/21/2012 09/21/12 Pending -- -- --
06/04/2012 06/04/12 For Sale $129,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Bonnie Gronado

    i-VEST Real Estate Group

    (269) 232-7771

    44 Total Sales

    Bonnie Gronado
    Section Image

  • J

    Seller Co-Listing Agent in 2012

    Jesse Granado - Caporossi

    i-VEST Real Estate Group

    (269) 488-1600

    52 Total Sales

    Jesse Granado - Caporossi
    Section Image

  • H

    Buyer's Agent in 2012

    Harvard Vallance

    Betten Real Estate

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12030751

Southwestern Michigan Association of REALTORS®
Michigan Van Buren County Lawton 49065

230 N Main St, Lawton, MI

This home is located at 230 N Main St, Lawton, MI 49065 since 04 June 2012. This property was built in 1940. 230 N Main St is a home located in Van Buren County with nearby schools including Lawton Elementary School, Lawton Middle School, and Lawton High 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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