705 Osceola Ave Big Rapids, MI 49307
Estimated payment $812/month
Total Views
735
--
Bed
--
Bath
1,676
Sq Ft
$72
Price per Sq Ft
Highlights
- Window Unit Cooling System
- High Speed Internet
- Heating System Uses Natural Gas
- 2 Car Garage
- Carpet
About This Home
Investor/DIY opportunity! This older home has the potential to be finished out as three separate rental units. Currently, two units are leased with secured rental income of $1,250 per month ($15,000 annually). The third unit is vacant and ready for renovation - ideal for a live-in landlord or to increase total income potential once rented. Great addition to your existing, or perhaps the first of your real estate empire. The property is being sold as-is and does require substantial updates, but with immediate income already in place, it's a great entry-level investment. Fully finished, the property has the potential to generate significantly higher returns.
Live Free, Rent 2! FSU Student/Parent Income property opportunity. Priced to move - don't delay! Bring your best and final offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,901
Year Built
- Built in 1910
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 100 x 100
Parking
- 2 Car Garage
- Side Facing Garage
- Driveway
- On-Street Parking
Home Design
- Stone Foundation
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,676 Sq Ft Home
- 2-Story Property
- Michigan Basement
- Laundry in Bathroom
Flooring
- Carpet
- Vinyl
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- 3 Units
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,901 | $66,200 | $0 | $0 |
| 2024 | -- | $59,600 | $0 | $0 |
| 2023 | -- | $54,800 | $0 | $0 |
| 2022 | $1,845 | $47,000 | $0 | $0 |
| 2021 | $1,845 | $44,500 | $0 | $0 |
| 2020 | -- | -- | $0 | $0 |
| 2019 | -- | -- | $0 | $0 |
| 2018 | -- | -- | $0 | $0 |
| 2017 | -- | -- | $0 | $0 |
| 2016 | -- | -- | $0 | $0 |
| 2014 | -- | -- | $0 | $0 |
| 2013 | -- | -- | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | For Sale | $120,000 | -- | $72 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $12,100 | Credit Line Revolving | |
| Closed | $96,800 | Fannie Mae Freddie Mac |
Source: Public Records
Similar Home in Big Rapids, MI
Source: Greater Lansing Association of Realtors®
MLS Number: 290684
APN: 5417-011-156-014
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