NOT LISTED FOR SALE

765 & 769 Cyrus St Ionia, MI 48846

-- Bed
-- Bath
-- Sq Ft
0.5 Acres

Last Sold December 12, 2017

Last sale price $45,000

27 Days on Market

Highlights

  • 0.5 Acre Lot
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of December 2017

Extremely rare investment opportunity with very strong cash flow. 2 Extremely well kept mobile homes. Each unit offers 2 Bed, 1 full bath. Updated mechanicals, newer metal roofs on both units, newer floor, wall coverings, fixtures, and good appliances throughout. Each unit has private septic, natural gas, and power. Shared submersible pump well. 1/2 Acre Lot. 2 sheds included. 765 Cyrus currently rents at market discount of $575 with 3+ year tenants.765 does have seller owned water softener. 769 Cyrus is clean with new carpet and is ready to rent at the same price point. Very cheap taxes and awesome location just outside city limits.

Last Agent to Sell the Property

Darin Elliott

Greenridge Realty (Ionia) Listed on: 11/06/2017

Last Buyer's Agent

Dale Huber

DS HUBER REAL ESTATE GROUP LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $640

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 134x157

Home Design

  • Metal Roof
  • Aluminum Siding

Basement

  • Crawl Space

Parking

  • 8 Parking Spaces
  • Unpaved Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for trash collection, gas

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Recreation

  • Recreational Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$640

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 134x157
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 640.0
  • Tax Info:Zoning3: Res
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Roofing:Metal: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 53900.0
  • Lot Features: Recreational
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Metal
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Natural Gas Connected, Public Water, Public Sewer, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Sq Ft: 21780.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 640.0
  • Tax Year: 2017

Range of Values:

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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
12/12/2017 12/12/17 Sold $45,000 -16.5% --
12/03/2017 12/03/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $53,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17054892

Southwestern Michigan Association of REALTORS®

APN: 34-060-100-000-065-00