Address
121 S Main Street, Olivet, MI
Price
$ 214,900
Property Attributes
  • MLS#24005711
  • TypeMulti-Family
  • CountyEATON
  • CityOlivet
  • AreaOlivet City
  • NeighborhoodOlivet City
  • Zip49076
  • Style2 to 4 Units
  • Year Built1920
  • Taxes$ 3818
  • Price$ 214,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size11,761 SqFt
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Don't miss out on this great 3 unit investment property in the City of Olivet. Well maintained units. with updated mechanicals. Large city lot neighboring City Hall and a longstanding business. Property also features 3 car garage with upside opportunity. All units are currently rented.

Price History
2/2/2024 Listed $220,000
2/26/2024 3% - $214,900

General Features

Sewer Public Sewer
Heating Forced Air,Natural Gas
Utilities Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Natural Gas Connected,Electric Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Vinyl Siding
Year Built 1920
Tenant Pays Electric
Property SubType 2 to 4 Units
Tax Year 2023
Gross Income 28200.0
OwnerPays Trash Collection,Water,Sewer,Gas
County Eaton
New Construction No
Property Type Multi-Family
Attached Garage No
Status Active
Directions S on Main street to property
City Olivet
High School District Olivet
Zoning Description 401 RESIDENTIAL
Total Units 3
MLS Area Eaton County - E
Lot Size Square Feet 11761.0
Waterfront Y/N No
Street Name Main
Land Lease Y/N No
Tax Annual Amount 3818.02
Lease Renewal Y/N No
MLS Area Minor Eaton County - E
Additional Parcels Y/N No
Rent Control Y/N No
Days on Market 25
Standard Status Active
Occupancy Description Tenant
Tax Assessed Value 69649
MobileHomeRemainsYN No
Legal Description N 1/2 OF LOT 26 EXCEPT N 10 FT. W 1/2 OF S 1/2 OF LOT 26. W 1/2 OF N 1/2 OF LOT 25. N 8 FT OF W 108 FT OF S 1/2 OF LOT 25. BLOCK 10,REVISED PLAT,CITY OF OLIVET 1984.
Senior Community None

Interior Features

Basement Full
Total Fireplaces 2
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Street Suffix Street
Laundry Features Main Level,Washer Hookup
Electric On Property Y/N No

Exterior Features

Parking Features Unpaved
Lot Features Sidewalk
Total Parking 6.0
Lot Size Area 0.27
Number of Buildings 2
Spa No
Lot Dimensions Undefined
Lot Size Acres 0.27
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 49076

Price
AVG $210K
$210K
Taxes
AVG $3,818
$3,818
Visits
AVG 21
20
Data Provided by Inside Real Estate®
Year Built
AVG 1920
1920