NOT LISTED FOR SALE

409 Canal St Eaton Rapids, MI 48827

-- Bed
-- Bath
2,778 Sq Ft
0.25 Acres

Last Sold February 02, 2022

Last sale price $120,000 $43 Per Sq Ft

42 Days on Market

Highlights

  • Traditional Architecture
  • Private Yard
  • 6 Car Direct Access Garage
  • Wood Flooring
  • Covered patio or porch
  • Wood Frame Window

About This Home

As of February 2022

WELL MAINTAINED, 4 UNIT PROPERTY, ALL UNITS ARE 1 BED, 1 BATH, 3 UNITS HAVE EFFICIENCY KITCHEN, UNIT 1 HAS A FULL KITCHEN & LAUNDRY HOOK UP-WASHER/DRYER ARE TENANT OWNED, UNIT 1 RESERVES CURTAINS, ALL UNITS HAVE BEEN RENTED FOR YEARS TO THE SAME TENANTS, ALL UNITS HAVE HARDWOOD FLOORS, VINYL & SOME CARPET, FRONT AND BACK STAIRWAYS ARE HARDWOOD, OWNER PAYS INSURANCE, TRASH, NATURAL GAS, WATER, SEWER AND ELECTRIC FOR COMMON AREAS, REPAIR EXPENSE VARIES. TENANTS PAY THEIR OWN ELECTRIC-5 ELECTRIC PANELS, THERE ARE NO SECURITY DEPOSITS. PARKING AREA FOR 6-7 VEHICLES. EXTERIOR OF THE BUILDING IS CEDAR SHAKES. GREAT LOCATION WALK TO TOWN, EASY ACCESS TO SURROUNDING SMALL CITIES & LANSING. Reserve the plants along the fences, they belong to Unit 1.

Last Listed By

Dale McNabb

Ross & Associates Realtors, LLC License #6506036444 Listed on: 12/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,664

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x160
  • Level Lot
  • Private Yard

Home Design

  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,778 Sq Ft Home
  • 2-Story Property
  • Wood Frame Window
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Vinyl

Basement

  • Shared Basement
  • Block Basement Construction

Parking

  • 6 Car Direct Access Garage
  • Private Parking
  • Gravel Driveway

Schools

  • Lockwood Elementary School

Utilities

  • No Cooling
  • Zoned Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • City Lot

Listing and Financial Details

  • Total Actual Rent $20,100

Community Details

Overview

  • 4 Units
  • Leisenring Subdivision

Building Details

  • Insurance Expense $1,273
  • Other Expense $903
  • Water Sewer Expense $1,926
  • New Taxes Expense $1,675
  • Net Operating Income $12,624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,664

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Gross Rent: 20100.0
  • Less Fuel: 1699.0
  • Miscellaneous: 903.0
  • Net Income: 12624.0
  • Water Sewer Expenses: 1926.0
  • Misc Business Info Roof Type: Shingle
  • Tax Year: 2021
  • Levels: Two
  • Year Built: 1900
  • Lot Size Acres: 0.25
  • Lot Size: 66x160
  • Subdivision Name: Leisenring
  • Above Grade Finished Sq Ft: 2778.0
  • Architectural Style: Traditional, Multi-Story
  • General Property Info:Lot Size Dimensions: 66x160
  • General Property Info:Above Grade Finished Area: 2778.0
  • Levels:Two2: Yes
  • General Property Info:Elementary School: Lockwood Elementary School
  • Flooring:Carpet: Yes
  • Foundation Details:Block4: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Exterior:Shingle Siding: Yes
  • Exterior:Wood Siding: Yes
  • Flooring:Vinyl2: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Hardwood: Yes
  • Cooling:None8: Yes
  • Flooring:Linoleum: Yes
  • Tax Info:Taxes2: 1664.0
  • Tax Info:Zoning3: Multi-Family
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 2 Story 4 Unit
  • General Property Info:_pound_ of Units: 4
  • Architectural Style:Multi-Story: Yes
  • Annual Inc Expense:Insurance4: 1273.0
  • Annual Inc Expense:Tax Expense2: 1675.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Concrete, Shared
  • Heating: Central, Hot Water, Natural Gas, Zoned
  • Flooring: Carpet, Hardwood, Linoleum, Vinyl
  • Property Type: Resid/Multi-Family
  • SpaFeatures: None
  • Window Features: Wood Frames
  • Basement:Concrete2: Yes
  • Basement:Block2: Yes
  • Basement:Shared: Yes

Exterior Features

  • Roof: Shingle, Other
  • ExteriorFeatures: Private Yard
  • Fencing: None
  • Foundation Details: Block
  • Lot Features: City Lot, Level, Private
  • PoolFeatures: None
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt
  • Patio And Porch Features: Covered, Front Porch
  • Construction Type: Shingle Siding, Wood Siding
  • Lot Features:City Lot: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Front Porch: Yes
  • Lot Features:Private2: Yes
  • Lot Features:Level: Yes
  • Window Features:Wood Frames: Yes
  • Exterior Features:Private Yard: Yes

Garage/Parking

  • Parking Features: Direct Access, Driveway, Gravel, On Site, Private
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:On Site: Yes
  • Parking Features:Private6: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Direct Access: Yes
  • General Property Info:Parking Total: 6-7

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: See Remarks
  • Utilities: High Speed Internet Available, Cable Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes
  • Heating:Central: Yes
  • Heating:Zoned: Yes

Schools

  • Elementary School: Lockwood Elementary School
  • Junior High Dist: Eaton Rapids

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Carrier Route: 1065

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
02/02/2022 02/02/22 Sold $120,000 -1.6% $43 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
12/27/2021 12/27/21 Price Changed $122,000 +5.2% $44 / Sq Ft
12/15/2021 12/15/21 For Sale $116,000 -- $42 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dale McNabb

    Seller's Agent in 2022

    Dale McNabb

    Ross & Associates Realtors, LLC

    (517) 290-5970

    54 Total Sales

    Dale McNabb
    Section Image
  • Peter MacIntyre

    Buyer's Agent in 2022

    Peter MacIntyre

    RE/MAX Michigan

    (517) 256-6664

    486 Total Sales

    Peter MacIntyre
    Section Image
See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 261730

Greater Lansing Association of Realtors®

APN: 300 062 601 100 00

Michigan Eaton County Eaton Rapids 48827

409 Canal St, Eaton Rapids, MI

Homes for Sale in Eaton Rapids, MI

This home is located at 409 Canal St, Eaton Rapids, MI 48827 since 27 December 2021. This property was built in 1900. 409 Canal St is a home located in Eaton County with nearby schools including Lockwood Elementary School, Greyhound Intermediate School, and Eaton Rapids Middle School.

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