209 Sanborn Avenue Big Rapids, MI ^$ 199,000

209 Sanborn Avenue

^$ 199,000

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209 Sanborn Avenue

Big Rapids, MI, 49307

^$ 199,000

Studio Baths0.0 Sq 2,600

Monthly Estimate*

^$ 1,323

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Studio

Multi-Family Home for sale in Big Rapids, MI

for $199,000. This 2,600 square foot home was built in 1910 on a lot size of 0.18.

Looking for a great investment property? This one reaches the 1% rule that investors want! The more spacious unit has 4 bedrooms and 2 bathrooms as well as private laundry. The smaller unit is a studio space with 1 full bathroom. Both have separate entries in the side and rear of the home. There is also a 2-stall garage that could produce more income. Nothing needs to be done, but room for renovations to increase the rents if desired. Agent is owner. Duplex will be on the market & showings will start 2/27/24. Must allow 24 hour notice for showings. Certified and zoned R1, but grandfathered in for R2. Home is in decent condition, but room for updating to increase rents if desired. Owner has right to call highest/best.

Multi-Family Active

Price

^$ 199,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,036

Style

Lot Size

0.18

Year Built

1910

Town/City

Big Rapids

County/Region

Mecosta

MLS | Web ID

70391079

Features

General

Interior Features Cable/Internet Avail.

Heating Wall Heat Forced Air

Possession At Close

Garage Additional Garage(s)

Water Public Water

Status Active Active

Year Built 1910

County Mecosta

Class MULTIFAMILY

Type Multi-Family

Municipality Big Rapids

Subdivision MI

Area Big Rapids (54018)

Primary City Big Rapids

Directions From US-131 take exit 139 East onto Perry Ave turn left onto Division Turn right onto Sanborn Ave home on right.

City Big Rapids

School District Big Rapids Public Schools

Street Name Sanborn

Financial Terms Cash Conventional FHA VA

Legal Description 000209 SANBORN AVENUE: ASSESSOR'S PLAT #1 -- BLK 5 LOT 9.

DOM 98

Postal Code 49307

Price Per Sq Ft Total 76.54

Coming Soon

Exterior

Exterior Wood

Frontage 55

Lot Size Area 0.18

Lot Dimensions 55x143

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Felicia Kelley

Listing Agent

Exp Realty Llc

Broker

feliciakelleyrealtor@gmail.com

Affordability Calculator

$1,576

Per Month

Monthly Principal & Interest: $1,323
Monthly Property Taxes: $253
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Big Rapids, MI

Average List Price ^$172,250

Percent of Sale Price 13%

About Big Rapids, MI

10,648 Population

5% Since 2002

^$31,169 Median Income

21.79 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3946889 Elementary School

3946891 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/8/2024	$199,000	-4.33%	Price Down
3/22/2024	$208,000	-0.95%	Price Down
2/22/2024	$210,000		Listed Price

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209 Sanborn Avenue, Big Rapids, MI, 49307 is a Multi-Family Home for sale at $199,000 with 2,600 sqft and a lot size of 0.18. 209 Sanborn Avenue is a studio with 0.0 baths and was built in 1910. The property's zip code is 49307 which is in Big Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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209 Sanborn Avenue

Multi-Family Home for sale in Big Rapids, MI

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