NOT LISTED FOR SALE

36741 Hathaway St New Baltimore, MI 48047

4 Beds
4 Baths
2,816 Sq Ft
0.56 Acres

Last Sold September 11, 2023

Last sale price $315,000 $112 Per Sq Ft

36 Days on Market

Highlights

  • 0.56 Acre Lot
  • Central Air
  • Baseboard Heating
  • Colonial Architecture

About This Home

As of September 2023

Presenting a fantastic 4-unit property, each boasting 1 bedroom and 1 full bathroom, nestled within a charming residential enclave. The upper units shine with recent updates including new carpeting and fresh paint throughout, extending to the hallways. A full basement stands ready with dedicated laundry facilities and ample storage tailored to each unit's needs. A walk away from the water, this residential neighborhood property promises a peaceful living environment. With all four units currently occupied, this investment gem guarantees a steady stream of attractive rental income. Seize the opportunity to own a lucrative piece of real estate in this thriving area. The gross rental income $3468 monthly and tenants are billed back for all utilities so the landlord has no responsibility. Majority of tenants are long term and all are on 12 month leases for guaranteed income and the property has zero delinquency.

Last Agent to Sell the Property

Evan Bassy

Keller Williams Paint Creek License #6501430019 Listed on: 08/06/2023

Keller Williams Paint Creek

Last Buyer's Agent

Anthony Rubino

License #6502425251

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1967 | Remodeled in 2023

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 80.00 x 150.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 2,816 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0913276010

Community Details

Overview

  • 4 Units
  • A/P Schuster Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,403

Year Built

Built in 1967 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 24.00
  • Year Built: 1967
  • State Equalized Value: 90800.0000
  • Year Renovated: 2023
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2816
  • Total Sq Ft: 2816
  • Sq Ft Total Bsmt: 1800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Anchor Bay

Lot Info

  • Lot Size Area: 0.56
  • Lot Dimensions: 80.00 x 150.00
  • Parcel Number: 0913276010
  • Zoning: Multi-Family, Residential

Rental Info

  • Monthly Rental Income: 3468

Tax Info

  • Tax Amount Summer: 3982.0000
  • Tax Amount Winter: 1421.0000
  • Total Tax: 5403.0000
  • Taxable Value: 90800.0000

Multi Family

  • Gross Scheduled Income: 41616.00
  • Number Of Units Total: 4
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Anchor Bay

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 List to Sale Price per Sq Ft Prior Sale
09/11/2023 09/11/23 Sold $315,000 -7.4% $112 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
08/06/2023 08/06/23 For Sale $340,000 +17.2% $121 / Sq Ft
03/12/2021 03/12/21 Sold $290,000 0.0% $103 / Sq Ft View Prior Sale
12/30/2020 12/30/20 Pending -- -- --
12/27/2020 12/27/20 For Sale $290,000 0.0% $103 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $290,000 -- $103 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230065361

Realcomp