NOT LISTED FOR SALE

455 River St Concord, MI 49237

-- Bed
-- Bath
5,500 Sq Ft
0.67 Acres

Last Sold July 09, 2014

Last sale price $120,000 $22 Per Sq Ft

About This Home

As of July 2014

What a beautiful 5 unit home this is located across from the Mill Pond, nestled on a wooded property, and only a short walk to the trailhead of the popular Falling Waters Trail. Longterm tenants who take pride in their living space. Each unit features a spacious living room, dining and kitchen area, laundry/utility area, a patio, and attached garage with storage area. Three 1 bedroom units rent for $500 a month, and two 2 bedroom units rent for $600 a month. This is a great deal for an investor!

Last Agent to Sell the Property

AMY GILPIN

Production Realty License #6501309873 Listed on: 06/17/2014

Co-Listed By

BART BRADLEY

Production Realty License #6502361598

Last Buyer's Agent

BART BRADLEY

Production Realty License #6502361598

Property Details

Property Type

  • Other

Year Built

  • Built in 1993

Lot Details

  • 0.67 Acre Lot

Community Details

  • Operating Expense $18,121
  • Gross Income $32,400
  • Net Operating Income $50,300

Listing and Financial Details

  • Tenant pays for electricity, trash collection, gas
  • The owner pays for water

Property Details

Property Type

Other

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Basement: Slab

Exterior Features

  • List Price: 145000.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Lot Info

  • Lot Size Acres: 0.67
  • Lot Size Area: 0.67
  • Lot Size Sq Ft: 29185.2

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Trash Collection, Gas

Multi Family

  • Gross Income: 32400.0
  • Net Operating Income: 50300.0
  • Operating Expense: 18121.0

Tax Info

  • Tax Annual Amount: 7599.0

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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 Change Sq Ft Price
07/09/2014 07/09/14 Sold $120,000 -- $22 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    AMY GILPIN

    Production Realty

  • B

    Seller Co-Listing Agent in 2014

    BART BRADLEY

    Production Realty

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21032630

Southwestern Michigan Association of REALTORS®

Michigan Jackson County Concord 49237

455 River St, Concord, MI

This home is located at 455 River St, Concord, MI 49237 since 17 June 2014. This property was built in 1993. 455 River St is a home located in Jackson County with nearby schools including Concord Elementary School, Concord Middle School, and Concord 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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