$975,000

230 N Corning St Farwell, MI 48622

Estimated payment $6,037/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wooded Lot
  • Accessible Approach with Ramp
  • Wood Siding
  • Laundry Room
  • Forced Air Heating System

About This Home

Receivership Sale - 16-Unit Multifamily Property. Excellent opportunity to acquire a 16-unit income-producing property under court-appointed receivership. Financials and additional property details available upon request to vetted and qualified buyers. Coin laundry facilities onsite. Call broker for additional details.

Listing Agent

Ryan Kelley

NuCon Realty, LLC License #6502425964 Listed on: 11/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,843

Year Built

  • Built in 1984

Lot Details

  • 0.99 Acre Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Laundry

  • Laundry Room
  • Laundry on lower level

Parking

  • 35 Parking Spaces
  • Unpaved Driveway

Accessible Home Design

  • Accessible Approach with Ramp
  • Accessible Ramps
  • Stepless Entry

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • The owner pays for trash collection, water, sewer

Community Details

Overview

  • 2 Buildings
  • 16 Units

Amenities

  • Laundry Facilities

Recreation

  • Recreational Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,843

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1984
  • Location Property Info:Property Sub-Type: 5+ Units
  • OfficeContract Info:List PriceSqFt2: 87.68
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Unknown
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 16
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Slab: Yes
  • Accessibility Feat:No Step Entrance: Yes
  • Driveway:Shared Unpaved: Yes
  • Accessibility Feat:Ramped Entrance: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features Lower Level: Yes
  • Laundry Features Common Area: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Remarks Misc: Public Remarks: Receivership Sale - 16-Unit Multifamily Property. Excellent opportunity to acquire a 16-unit income-producing property under court-appointed receivership. Financials and additional property details available upon request to vetted and qualified buyers. Coin laundry facilities onsite. Call broker for additional details.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: No Step Entrance, Ramped Entrance
  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 975000.0
  • Lot Features: Recreational, Sidewalk, Wooded
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 35.0
  • General Property Info:Total Parking Spaces: 35.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Common Area, Laundry Room, Lower Level, Main Level
  • Utilities: Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.99
  • Lot Size Area: 0.99
  • Lot Dimensions: Unknown
  • Lot Size Sq Ft: 43124.0
  • Zoning Description: Res

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electric, Water, Trash, Sewer, Gas

Multi Family

  • Number of Units Total: 16

Tax Info

  • Tax Annual Amount: 10843.0
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $8,309 $204,928 $18,000 $186,928
2024 $4,538 $186,257 $18,000 $168,257
2023 $4,399 $180,315 $18,000 $162,315
2022 $10,385 $180,258 $18,000 $162,258
2021 $6,664 $181,633 $0 $0
2020 $8,629 $157,001 $0 $0
2019 $8,108 $145,941 $0 $0
2018 $8,368 $150,811 $0 $0
2017 $3,589 $146,814 $0 $0
2016 $3,265 $151,970 $0 $0
2015 -- $145,091 $0 $0
2014 -- $198,472 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2025 11/29/25 For Rent $700 0.0% --
11/27/2025 11/27/25 For Sale $975,000 -- --
Source: MichRIC

Source: MichRIC

MLS Number: 25060016

MichRIC
Michigan Clare County Farwell 48622

230 N Corning St, Farwell, MI

For Sale

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes
Listing Agent
Ryan Kelley
Section Image
NuCon Realty, LLC
(989) 474-3181