24
See all 24 photos
$164,000
Est. payment /mo
5 Beds
3 Baths
1,986 SqFt
Active
242 S East ST Vassar, MI 48768
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,986 sqft
Price per Sqft $82
Subdivision Original City Of Vassar
MLS Listing ID 5050198511
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1950
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type MultiFamily
Property Description
Perfect opportunity to set up your own business! Own & lease one unit as income. Updated 2 story home on a corner lot. Two separate addresses & meters. Updates include plumbing & electrical, fresh paint, flooring, outlet covers and some light fixtures updated in the main floor unit. Cement driveway. Shed included. Newer windows downstairs and a mix upstairs. Main apartment has 1250 sq feet, has 1-1/2 bath, and 3 bedrooms. The upstairs has 736 sq feet, 2 bedrooms and 1 bathroom. Estimated rent based on market is $1200/mo for the bottom apartment and $750/month for the upper level with a gross yearly income of $23,400. (Listing removed from the market to complete updates & reflects increase in asking price.) Can be financed FHA & VA as long as the buyer is living in one unit. Warranty negotiable.
Location
State MI
County Tuscola
Area Area79172Vassar
Rooms
Basement Block
Interior
Heating Forced Air, Natural Gas, Separate Meters, Wall Furnace
Cooling Ceiling Fans, Central Air
Fireplace No
Exterior
View Y/N No
Building
Foundation Basement, Block, CrawlSpace
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Vassar
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition ShortSaleNo, Standard
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Listed by Sue McKnight of Area Wide Real Estate
NEARBY SCHOOL & BUSINESS