405 S Stewart Avenue
Big Rapids, MI 49307

Sold

Sold for $218,000 on Jun 3, 2024

Description

This owner occupied income property located within walking distance of FSU, Downtown and the Hospital has the best of both worlds! Enjoy the updated large one bedroom home with additional room perfect for a home office, nursery or guest room. 10 ft ceilings, updated flooring, and charm everywhere you look. Home features over $60,000 in updates too. Current owners rent out the upstairs 1 bedroom apartment for additional income ($950 mth). Could rent out as a two bedroom for additional income or convert to a 3/4 bedroom home, use for AirBnB, mother-in-law suite, the possibilities will get you thinking, especially with all the storage throughout the home. Come see for yourself!

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Sold
• Listing Price: $220,000
• County/Area: Mecosta County
• Zip Code: 49307
• Year Built: 1900
• School District: Big Rapids
• Units: 7 units
• Basement: Michigan Basement, Partial, Yes, Yes
• # of Parking Spaces: 4, 4
• Fireplace: 1
• Lot Size: 7405 sq ft lot
• Waterfront: No
• Air Conditioning: Window Unit(s)
• Annual Property Tax: 2125
• Construction Materials: Vinyl Siding
• Cooling: Window Unit(s)
• Cross Street: Stewart and Locust
• Cross Streets: Stewart and Locust
• Directions: State Street East on Locust to Warren then South to property on East side of Street.
• Exterior Material: Vinyl Siding
• Financial Available: Yes
• For Tax Year: 2023
• Heat Source: Natural Gas 3
• Heat Type: Forced Air
• Heating: Forced Air
• Homestead%: 100
• Laundry Features: Laundry Room
• Lot Dimensions: 48 x 150
• Lot Size Area: 0.17
• Lot Size Square Feet: 7187
• Lot Size Units: Acres
• MLS Area Major: West Central - W
• MLS Area Minor: West Central - W
• Main Type: Multi Family
• Mineral Rights: Unknown 2
• Municipality: Big Rapids
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 2
• Parcel Number: 54-17-14-176-002
• Property Sub-Type: 2 to 4 Units
• Road Frontage: 48
• Roof: Composition
• Roofing: Composition
• SEV: 77600
• Sewer: Public, Public Sewer
• Street Type: Public 3
• Substructure: Michigan Basement, Partial
• Tax Annual Amount: 2125
• Tax Year: 2023
• Tax Year 2: 2022
• Taxable Value: 77600
• Tenant Pays: Electric 7, Gas 2, Trash 3, Water 3, Trash Collection
• Terms Available: Cash, Conventional, FHA, VA Loan
• Total Num Bldgs: 1
• Total Num Units: 7
• Township: Big Rapids
• Util Availat Street: Electricity Available, Natural Gas Available, Public Sewer
• Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Sewer Available
• Utilities Attached: Natural Gas Connected
• Water: Public 2
• Zoning 3: R-3
• Zoning Description: R-3