NOT LISTED FOR SALE

304 E Cayuga St Bellaire, MI 49615

7 Beds
6 Baths
4,660 Sq Ft
0.6 Acres

Last Sold June 01, 2016

Last sale price $190,000 $41 Per Sq Ft

360 Days on Market

Highlights

  • Victorian Architecture
  • Zoned Heating and Cooling
  • Baseboard Heating
  • Covered patio or porch
  • Landscaped

About This Home

As of June 2016

Income producing rentals in this Victorian home: Four 1 bedroom-1 bathroom units AND duplex with 2 bedrooms-1.5 bathrooms each. Electric individually metered and paid by tenants. Same, consistent tenants for years in several units. Ample off street parking and well maintained. Use on site coin laundry & extra on site storage for additional revenue source. Great opportunity for on site owner/manager. Within 1 block of downtown Bellaire.

Last Agent to Sell the Property

Deborah Alexander

Alexander North Properties License #6502433237 Listed on: 06/01/2015

Alexander North Properties

Last Buyer's Agent

David Ciganick

Coldwell Banker Schmidt-Bellai License #6501302123

Coldwell Banker Schmidt-Bellai

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,311

Year Built

  • Built in 1935

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 164 x 180 x 164 x 187
  • Landscaped
  • The community has rules related to zoning restrictions

Parking

  • Over 1 Space Per Unit

Home Design

  • Duplex
  • Victorian Architecture
  • Cottage
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 4,660 Sq Ft Home
  • 2-Story Property
  • Michigan Basement
  • Oven or Range

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch

Utilities

  • Zoned Heating and Cooling
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 6 Units
  • Net Operating Income $10,452

Listing and Financial Details

  • Rent includes exterior maintenance, trash removal, snow removal, water, sewer, fixtures & equipment

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,311

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (2 Story), 4 - Plex
  • Style: 2 Story, Quad, Victorian, Cottage
  • Estimated Year Built: 1935
  • Construction: Frame
  • Section Number: 30
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1935

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer, Electric Water Heater
  • Interior Amenities: Drywall
  • Price Per Sq Ft: 40.77
  • Range: R 7W
  • Total Finished Sf Apx: 4660

Exterior Features

  • Additional Buildings: Workshop
  • Exterior Features: Patio, Landscaped, Porch, Covered Porch
  • Exterior Finish: Vinyl Siding
  • Foundation: Michigan Basement, Entrance Inside
  • Number Of Acres: 0.6
  • Road: Public Maintained
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: Over 1 Space Per Unit

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv, Cable Internet
  • Water: Municipal
  • Heating Cooling Type: Baseboard, Zoned/Dual
  • Monthly Electricity Expense: 35

Schools

  • School District: Bellaire Public Schools

Lot Info

  • Lot Dimensions: 164 X 180 X 164 X 187
  • Zoning Use Restrictions: Residential, Multi-Family, Rental History

Rental Info

  • Included In Lease: Exterior Maintenance, Trash Removal, Snow Removal, Water, Sewer, Fixtures & Equipment

Tax Info

  • Other Taxes: 1170.59
  • Summer Taxes: 2687.70
  • Taxable Value: 75000
  • Total Taxes: 4311.05
  • Winter Taxes: 452.76
  • Year Summer: 2015
  • Year Winter: 2015

Multi Family

  • Total Number Units: 6

MLS Schools

  • School District: Bellaire Public Schools

Range of Values:

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List 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
06/01/2016 06/01/16 Sold $190,000 -11.2% $41 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
06/01/2015 06/01/15 For Sale $214,000 +33.8% $46 / Sq Ft
04/30/2013 04/30/13 Sold $160,000 -20.0% $34 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
03/30/2012 03/30/12 For Sale $199,900 -- $43 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1800740

Northern Great Lakes REALTORS® MLS