524 E Main Street Pending

Lowell,MI 49331

$ 385000

2 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 65025038514

Bedrooms 2

Year Built 1864

Annual Tax Amount $4,858

Lot Size 0.800 Acres

Property Description

Sold Before Broadcast. Rare investor opportunity! This unique home is currently configured as a 2-unit rental property: 2-BR unit (1,498 sf) and 1-BR unit (724 sf). Also, there is unfinished attic space (approx. 800 sf) that may offer a 3rd rental unit. Included is a small commercial building (346 sf) on the corner of E. Main Street, offering another income-producing opportunity. The parcel totals nearly 1 acre and is zoned Mixed-Use, allowing for a flexible combination of Commercial, Retail, Office, and Multi-Family use. It boasts 528' of public street frontage on 3 sides, with zoning density potential to add new units. There is also a 644 sf storage building. All appliances, furnishings, and personal property to remain with the property.

Location

State MI

County Kent

Area Lowell

Zoning Other

Interior

Heating Forced Air

Cooling Central Air

Laundry 1

Exterior

Garage Spaces 4.0

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block,Wood

Schools

School District Lowell

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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