For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $223,262
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Newaygo City
MLS Listing ID 23019778
Sold Date 08/25/23
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1900
Annual Tax Amount $2,589
Tax Year 2023
Lot Size 0.394 Acres
Acres 0.39
Lot Dimensions 132x132
Property Sub-Type 2 to 4 Units
Property Description
A versatile investment gem or ideal owner-occupant opportunity nestled in the heart of Newaygo. This beautifully maintained duplex, renovated (down to studs including, spray foam insulation, electrical, HVAC and plumbing) in 2008 in 2008, offers two well-appointed units amidst a large yard, beautiful landscaping and mature shade trees.
The spacious lower unit features 4 bedrooms, an expansive kitchen with appliances, and a large, inviting covered front porch. This would make a great owner's suite for owner-occupied.
Upstairs, find a cozy 2-bedroom unit boasting a fully-equipped kitchen, as well as an in-unit stacked washer/dryer, making for an attractive prospect to potential tenants.
This property offers a 2-stall garage for ample parking and storage for both units. and an expansive yard for outdoor activities.
An excellent location enhances the charm of this property. Take a leisurely stroll to nearby restaurants, schools, and other amenities. Plus, enjoy the unique appeal of Newaygo's vibrant downtown, with eclectic shops, businesses, eateries and stunning riverside parks ideal for fishing and kayaking.
Note: Lower Unit 232 tenant has been paying well under market rate rents (estimated $1200-$1500)
Explore the fantastic potential of this duplex and buy with confidence!
Location
State MI
County Newaygo
Area West Central - W
Direction M82 TO M37. NORTH TO JEFFERSON. RIGHT 1 BLOCK TO PROPERTY.
Rooms
Basement Crawl Space, Michigan Basement, Partial
Interior
Heating Heat Pump, Forced Air, Electric, Natural Gas
Cooling Window Unit(s), Wall Unit(s)
Fireplaces Number 1
Exterior
Parking Features Concrete, Driveway, Paved
View Y/N No
Roof Type Composition
Topography {Level=true}
Street Surface Paved
Total Parking Spaces 6
Building
Lot Description Sidewalk, Corner Lot
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Newaygo
Others
Tax ID 621324476003
Acceptable Financing FHA, Cash, Conventional
Listing Terms FHA, Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
Rob Young
Broker Associate | License ID: 6506039987
Broker Associate License ID: 6506039987