635 Nicholls Street $291,500

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    635 Nicholls Street East Jordan, MI 49727

    Closed
    SOLD 8/12/2021

    $291,500

    Market Estimate
    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 201812968
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    Views: 50

    Property Details

    Rare opportunity to own two triplexes very close to downtown East Jordan. There are two three bedrooms and four two bedroom units. One three bed was recently rehabbed, and the second three bedroom is currently under construction. There is an on-site manager, and the property has consistent rental history. The property comes with a second parcel behind the triplexes that offers an opportunity to add units in the future. A private setting with a creek that runs adjacent to the property. Add to your rental portfolio or make this your first investment into your future.

    • General Features
      • Type Apartments
      • Style Two Story
      • Business Income Income Property
      • Subdivision T32N R7W
      • County Charlevoix
    • Building Features
      • Construction Frame
      • Exterior Shed, Vinyl
      • Basement Block Foundation
      • Interior Features Cable, Ceiling Fans
      • Heating Baseboard, Electric
      • Cooling Window A/C
      • Appliances Dryer, Electric Range, Refrigerator, Washer
      • Laundry Bathroom
    • Room Features
      • Unit 1 Approx. SqFt. 784
      • Unit 1 # of Bedrooms 2
      • Unit 1 Baths 1.00
      • Unit 1 Occupied Yes
      • Unit 1 Present Rent 475.00
      • Unit 2 Approx. SqFt. 784
      • Unit 2 # of Bedrooms 2
      • Unit 2 Baths 1.00
      • Unit 2 Occupied Yes
      • Unit 2 Present Rent 672.00
      • Unit 3 Approx. SqFt. 784
      • Unit 3 # of Bedrooms 3
      • Unit 3 Baths 1.00
      • Unit 3 Occupied Yes
      • Unit 3 Present Rent 795.00
      • Unit 4 Approx. SqFt. 784
      • Unit 4 # of Bedrooms 2
      • Unit 4 Baths 1.00
      • Unit 4 Occupied Yes
      • Unit 4 Present Rent 650.00
      • Unit 5 Approx. SqFt. 784
      • Unit 5 # of Bedrooms 2
      • Unit 5 Baths 1.00
      • Unit 5 Occupied Yes
      • Unit 5 Present Rent 685.00
    • Property Features
      • Lot Size 1.8 Acres
      • Fuel Electric
      • Electric Separate
      • Sewer Municipal
      • Water Municipal
    • Schools
      • Elementary School East Jordan
      • High School East Jordan

    Neighborhood

    49727 (East Jordan) Demographics

    47 Median Age
    50 Population Density (per sq. mile)
    34% College Educated
    $55,406 Estimated Median Income
    2,457 Estimated Total Home Owners
    452 Estimated Total Renters
    84% / 16% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    6,951 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $255,000 Median Sales Price
    11 Homes Sold
    9 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%
        8/12/2021 3:00:00 AM Sold Source: Multiple Listing Service New Value: $291,500
        The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than the firm which owns this website are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor the broker which owns this website shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. WWLX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Water Wonderland MLS, Inc © All rights reserved.

        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.