NOT LISTED FOR SALE

308 Main St Morrice, MI 48857

3 Beds
3.5 Baths
2,656 Sq Ft
3,920 Sq Ft Lot

Last Sold January 31, 2022

Last sale price $60,000 $23 Per Sq Ft

18 Days on Market

Highlights

  • Colonial Architecture
  • 3 Car Garage
  • Private Entrance
  • Deck

About This Home

As of January 2022

Excellent investment opportunity with this 4 unit brick building in downtown Morrice. Included (3) 1 bedroom apartments, garage and a commercial store front currently rented as a barber shop. Entire building was gutted and remodeled in 1995 down to the studs. Electrical, plumbing, kitchens, baths were all redone! Each unit has their own metered gas and electric, paid by the tenants. Commercial unit in front includes the electrical for the well for the entire building. Back main level unit rents the garage. Landlord pays for sewer and trash on a quarterly basis. Apartments are a month to month lease and commercial (barbershop space has a 2 year lease, expiring in 9/2023.

Last Agent to Sell the Property

Barbra Roll-Wyzga

Coldwell Banker Professionals Morrice License #6502379551 Listed on: 12/31/2021

Coldwell Banker Professionals Morrice

Last Buyer's Agent

Barbra Roll-Wyzga

Coldwell Banker Professionals Morrice License #6502379551 Listed on: 12/31/2021

Coldwell Banker Professionals Morrice

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900 | Remodeled in 1995

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 31x125x31x125
  • Private Entrance

Home Design

  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,656 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 3 Car Garage
  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Deck

Utilities

  • Wall Furnace
  • Liquid Propane Gas Water Heater
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 01460005009

Property Details

Home Type

Multi-Family

Year Built

Built in 1900 | Remodeled in 1995

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1900
  • State Equalized Value: 57400.0000
  • Year Renovated: 1995
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Sq Ft Combined: 2656
  • Total Sq Ft: 2656

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Private Entry
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 31
  • Porch Type: Deck
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: E

Garage/Parking

  • MF Parking: Garages, On Street, Unassigned/General
  • Total Parking Spaces: 3

Utilities

  • Heating Fuel: LP Gas/Propane
  • Heating: Wall/Floor Furnace
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)

Schools

  • School District: Morrice

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 31x125x31x125
  • Parcel Number: 01460005009
  • Zone Conform: Yes
  • Zoning: Commercial

Rental Info

  • Rent Includes: Water/Sewer, Trash Collection (Garbage Pickup), Water
  • Monthly Rental Income: 1450

Tax Info

  • Tax Amount Summer: 1262.7500
  • Tax Amount Winter: 1346.5500
  • Total Tax: 2609.3000
  • Taxable Value: 40301.0000

Multi Family

  • Gross Scheduled Income: 17400.00
  • Number Of Units Total: 4
  • Unit Count: 4
  • Number of One Bedroom Units: 3
  • Number Of Units Leased: 3

MLS Schools

  • School District: Morrice

Range of Values:

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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
01/31/2022 01/31/22 Sold $60,000 -53.1% $23 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
12/31/2021 12/31/21 For Sale $127,900 -- $48 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Barbra Roll-Wyzga

    Seller's Agent in 2022

    Barbra Roll-Wyzga

    Coldwell Banker Professionals Morrice

    (517) 712-8009

    250 Total Sales

    Barbra Roll-Wyzga
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Map

Source: Realcomp

MLS Number: 2210103851

Realcomp
Michigan Shiawassee County Morrice 48857

308 Main St, Morrice, MI

This home is located at 308 Main St, Morrice, MI 48857 since 31 December 2021. This property was built in 1900. 308 Main St is a home located in Shiawassee County with nearby schools including Morrice Area Elementary School and Morrice Area 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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