NOT LISTED FOR SALE

620 King Street 622 King St Lake City, MI 49651

4 Beds
3 Baths
1,932 Sq Ft
0.25 Acres

Last Sold March 31, 2022

Last sale price $249,900 $129 Per Sq Ft

63 Days on Market

Highlights

  • Water Views
  • Public Water Access
  • Attached Garage
  • Sandy Beach
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

INVESTORS DREAM!!! RARE FIND! Amazing Rental history! This 2001 duplex has two separate housing units with a 1 stall garage for both located in the middle, it is situated on a large lot with plenty of room for backyard fun and the bonus is you are across the street from all sport 1,880 acre Lake Missaukee with a 10' easement to the lake! Minutes and walking distance from downtown to enjoy the beaches, restaurants and more. Concrete driveway is located on King Street that leads to the front door and garages. Both units are identical except one has an extra 1/2 bath; kitchen, dining and living room, 2 bedrooms, 1 bath and laundry room, (the north unit does have an extra toilet and sink). From the laundry room it leads to patios in the large back yard overlooking the lake. In addition, each unit has a full basement which has been insulated and framed in; all that needs to be done is drywall and flooring to finish and you would add approx. 840 more finished sq. feet of living space. You could convert both daylight windows to egress windows and create 1-2 more bedrooms and/or a bonus room making it each unit a 3-4 bedroom. Sellers have kept the property in great condition. New carpet recently installed in the empty unit since tenant moved out. Cable TV and internet, natural gas, underground separate utilities for each unit. This would be great for monthly rentals or VRBO bringing in two incomes for one property!

Last Agent to Sell the Property

Tamara McLeod Helsel

City2Shore Real Estate Northern Michigan License #6502410127 Listed on: 01/24/2022

Last Buyer's Agent

Tamara McLeod Helsel

City2Shore Real Estate Northern Michigan License #6502410127 Listed on: 01/24/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,982

Year Built

  • Built in 2001

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 108 x100
  • Sandy Beach
  • Landscaped
  • The community has rules related to zoning restrictions

Home Design

  • Duplex
  • Ranch Style House
  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,932 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Public Water Access
  • Property is near a lake

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • 2 Units

Recreation

  • Water Sports

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,982

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (Side X Side)
  • Style: Ranch, 1 Story
  • Estimated Year Built: 2001
  • Construction: Frame
  • Section Number: 7
  • Univs Design Barrier Free: Main Floor Access, Covered Entrance, Grab Bars
  • Year Updated: 2020
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 2001

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, All Units The Same, Exhaust Fan, Blinds, Drapes, Curtain Rods, Ceiling Fan, Smoke Alarms
  • Interior Amenities: Foyer Entrance, Drywall
  • Main Floor Primary: Yes
  • Price Per Sq Ft: 129.35
  • Range: R 7W
  • Total Finished Sf Apx: 1932

Exterior Features

  • Exterior Features: Landscaped
  • Exterior Finish: Vinyl Siding
  • Foundation: Full, Poured Concrete, Daylight Windows, Entrance Inside, Unfinished
  • Lake Size: 1880
  • Number Of Acres: 0.25
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Water View, Public Lake, All Sports, Sandy Bottom, Sandy Shoreline, Near Pub.Access W/In 500'

Garage/Parking

  • Primary Garage: One Car, Garage For Each Unit, Attached, Door Opener, Concrete Floors

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv, Cable Internet
  • Water: Municipal
  • Heating Cooling Type: Forced Air

Schools

  • School District: Lake City Area School District

Lot Info

  • Lot Dimensions: 108 x100
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential
  • Percent Open: 100

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 1000.62
  • Taxable Value: 91049
  • Total Taxes: 4982.4
  • Winter Taxes: 3981.78
  • Year Summer: 2021
  • Year Winter: 2021

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Lake City Area School District

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
03/31/2022 03/31/22 Sold $249,900 0.0% $129 / Sq Ft
01/24/2022 01/24/22 For Sale $249,900 -- $129 / 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: 1896442

Northern Great Lakes REALTORS® MLS