230 N Corning Street $833,775

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    230 N Corning Street Farwell, MI 48622

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 70399957
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    Views: 2 Days On Site: 21

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    Property Details

    Priced less than 2021 appraisal ($860,000) : 16-unit apartment complex, value add opportunity. 2 buildings, 8 units each with 14-2 bedroom and 2-1 bedroom units. 4 units vacant. Rents could be raised to market rent on a couple units also. Coin laundry facilities onsite. Call broker for additional details.

    • General Features
      • Acreage 0.99
      • Area Municipality Farwell (18018)
      • County Clare
      • Originating MLS Greater Regional Alliance of REALTORS
      • Waterfront Y/N No
      • Year Built 0
      • ZONING Residential
    • Building Features
      • Exterior Construction Vinyl Siding
      • FUEL TYPE Natural Gas
      • Foundation Type Slab
      • Heating System Forced Air
    • Property Features
      • LOT DESCRIPTION Sidewalks,Wooded
      • Sewer Septic Public Sanitary
      • Roads City/County, Paved Street
      • Lot Size Unknown
      • Water Public Water
    • Schools
      • School District Farwell Area Schools

    Contact

    Jim Miller

    Jim Miller

    Associate

    RE/MAX Select

    Mobile Phone: 810-922-3187

    Neighborhood

    48622 (Farwell) Demographics

    45 Median Age
    63 Population Density (per sq. mile)
    22% College Educated
    $52,399 Estimated Median Income
    1,988 Estimated Total Home Owners
    377 Estimated Total Renters
    84% / 16% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    6,022 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $168,250 Median Sales Price
    10 Homes Sold
    20 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $833,775
        4/12/2024 9:52:00 PM New in Database Source: Multiple Listing Service New Value: $833,775

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.