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1523 Saint Clair River Drive Algonac, MI $ 650,000
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$ 650,000 Get more info
1523 Saint Clair River Drive
$ 650,000
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1523 Saint Clair River Drive

Algonac, MI, 48001
$ 650,000
Bedrooms8 Baths7.0 Sq 4,564

Monthly Estimate*

$ 4,320

1523 Saint Clair River Drive, Algonac, MI 48001 - Image 1
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1523 Saint Clair River Drive, Algonac, MI 48001 - Image 8
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Multi-Family Home for sale in Algonac, MI

for $650,000 with 8 bedrooms and 7 full baths. This 4,564 square foot home was built in 1995 on a lot size of 0.17.

Welcome to this incredible investment opportunity. This 7 unit multi family home was remodeled in 2022 and currently has 4 tenants with a potential income of $5,800 a month. Located across the street from St Clair River. Potential cap rate of 8-9%

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Multi-Family Active

Price

$ 650,000

Bedrooms

8

Full Bath

7

Property Type

Multi-Family

Taxes

$ 6,090

Style

Colonial,Historic

Lot Size

0.17

Year Built

1995

Town/City

Algonac

County/Region

Saint Clair

MLS | Web ID

20240008155
Features
Interior
Heating Fuel Natural Gas
Basement Y/N 1
Total Units 7
Fireplace 0
Total Baths 7.00
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Rent Includes Trash Collection (Garbage Pickup)
Possession At Close
Pets Allowed Yes
Zoning Multi-Family
Pool Y/N 0
Full Baths 7
Half Baths 0
Year Built 1995
Property Type Multifamily
Subdivision Name VILLAGE OF ALGONAC
Transaction Type Sale
Basement Type Unfinished
Status Active
Short Sale No
Construction Materials Vinyl
Cumulative Days on Market 98
MLS Area Algonac
Directions This property is on the corner of Green St and St Clair Riever Dr across the street from the Algonac Water Department.
City Algonac
Terms Offered Cash Conventional
School District Algonac
Land Contract 0
Ownership Status Short Sale - No Private Owned
Homestead 0
Assessment 0.00
Total Sq Ft 4564
DOM 98
Taxes 6090.0000
Legal Description LOT 5 & E 5' OF ALLEY W OF SAID LOT & BEING 125' ON GREEN ST BLK 150 VILLAGE OF ALGONAC SEC 10 T2N R16E
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Exterior
Waterfront 0
Lot Size Area 0.17
Water Source Community
Foundation Basement
Lot Size Dimensions 60.00 x 125
Porch Balcony Porch
Architecture Level 2 Story
Architecture Style Colonial Historic
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Kevin A Stewart

Listing Agent

Stewart Team R E Partners Inc

Broker

(586) 255-0480

Phone

Affordability Calculator

$4,828
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,320
Monthly Property Taxes
$508
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848359 Elementary School
848319 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/5/2024$650,000 Listed Price

Map

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1523 Saint Clair River Drive, Algonac, MI, 48001 is a Multi-Family Home for sale at $650,000 with 4,564 sqft and a lot size of 0.17. 1523 Saint Clair River Drive has 8 bedrooms, 7.0 baths, and was built in 1995. The property's zip code is 48001 which is in Algonac, MI

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