306 DETROIT ST $275,000

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    306 DETROIT ST Durand, MI 48429

    Sold
    SOLD 6/10/2021

    $275,000

    Market Estimate
    • 0 Beds
    • 7 Baths
    • 4,200 sq. ft.
    • Multi-Family
    • MLS# 40146744
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    Views: 97

    Property Details

    2 parcels, 300 Detroit St ID 0204200200500 and 306 Detroit St ID 0204200200400 parcels. 2 buildings 7 apartment units. 3 Ranch style. Great condition. Plenty of parking. Seller provides Coin laundry area. Net of $36,013.00 based off expenses average annually. 100% occupied. Each apartments sq ft is estimated. All units sold together. One price. Land contract 20% down, 5% rate, 15 or 30 year payment plan. 48 notice to show, appts after 12.

    • General Features
      • COMMUNITY AMENITIES Some Pet Restrictions
      • Acreage 0
      • Area Municipality Durand (78021)
      • County Shiawassee
      • Originating MLS RealComp
      • Ownership Private
      • Structure Style 1 1/2 Story
      • Styles Ranch
      • Subdivision OUTLOT A OF DURAND LAND CO'S 2ND ADD
      • Waterfront Y/N No
      • Year Built 1920
      • ZONING Residential
    • Building Features
      • Exterior Construction Vinyl Siding
      • FUEL TYPE Natural Gas
      • Foundation Type Slab
      • Heating System Floor Furnace, Forced Air
    • Property Features
      • Sewer Septic Public Sanitary
      • Roads Paved Street
      • Lot Size 100 X 130
      • Water Public Water
    • Schools
      • School District Durand Area Schools

    Neighborhood

    48429 (Durand) Demographics

    48 Median Age
    163 Population Density (per sq. mile)
    23% College Educated
    $57,459 Estimated Median Income
    3,103 Estimated Total Home Owners
    652 Estimated Total Renters
    83% / 17% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    8,934 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $140,000 Median Sales Price
    9 Homes Sold
    6 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        6/10/2021 3:00:00 AM Sold Source: Multiple Listing Service New Value: $275,000
        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.