NOT LISTED FOR SALE

242 E North St Hastings, MI 49058

-- Bed
-- Bath
-- Sq Ft
1.33 Acres

Last Sold May 24, 2019

Last sale price $720,000

9 Days on Market

Highlights

  • 1.33 Acre Lot
  • Cooling Available
  • Forced Air Heating System

About This Home

As of May 2019

This 16 unit investment opportunity has performed consistently for Seller for the last 10 years. Under-market rents leave room for upside. Seller has made considerable investment in all new roofs and siding in the last few years. Turn-key cash flow for any passive investor. Financials available upon request.

Last Agent to Sell the Property

Matthew Callander

Callander Commercial License #6501303339 Listed on: 02/25/2019

Last Buyer's Agent

Nonmember Agent

Non Member

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,998

Year Built

  • Built in 1979

Lot Details

  • 1.33 Acre Lot

Parking

  • 24 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Natural Gas Connected

Community Details

  • 2 Buildings
  • 16 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,998

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Brick
  • List Price: 720000.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 24.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 1.33
  • Lot Size Area: 1.33
  • Lot Size Sq Ft: 57935.0
  • Zoning Description: A-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 16

Tax Info

  • Tax Annual Amount: 9998.0
  • Tax Year: 2018

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $720,000 0.0% --
03/06/2019 03/06/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $720,000 -- --
Source: MichRIC

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 19006563

MichRIC