300 Detroit Street Durand, MI ^$ 499,900

300 Detroit Street

^$ 499,900

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Recently Listed

300 Detroit Street

Durand, MI, 48429

^$ 499,900

Studio Baths0.0

Monthly Estimate*

^$ 3,322

300 Detroit Street, Durand, MI 48429 - Image 1

Studio

Multi-Family Home for sale in Durand, MI

for $499,900. This home was built in 1920 on a lot size of 0.3.

Amazing investment opportunity! Two properties consisting of 7 fully leased units for the price of one! Properties are: 300/ 306 N. Detroit St. Rents averaging a total of over $64,000/ year in rents.

Multi-Family Active

Price

^$ 499,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 7,866

Style

Lot Size

0.3

Year Built

1920

Town/City

Durand

County/Region

Shiawassee

MLS | Web ID

70406872

Features

General

Heating Forced Air

Garage Carport

Water Public Water

Status Active Active

Year Built 1920

County Shiawassee

Class MULTIFAMILY

Type Multi-Family

Municipality Durand

Subdivision MI

Area UPDATE

Primary City Durand

Directions North of Main East of Saginaw

City Durand

School District Durand Area Schools

Street Name Detroit

Financial Terms Cash Conventional

Legal Description SUB OF OUTLOT A OF DURAND LAND CO'S 2ND ADD. LOT 5 BLK 2

DOM 14

Postal Code 48429

Coming Soon Amazing investment opportunity! Two properties consisting of 7 fully leased units for the price of one! Properties are: 300/ 306 N. Detroit St. Rents averaging a total of over $64 000/ year in rents.

Exterior

Exterior Vinyl Siding

Frontage 50

Lot Size Area 0.3

Lot Dimensions -

Waterfront Y/N No

Interior

Total Number of Units 7

Fuel Type Natural Gas

* Excluded Features

List By

Larry Gotcher

Listing Agent

Resource Realty Group

Broker

TeamGotcher@GMail.com

Affordability Calculator

$3,978

Per Month

Monthly Principal & Interest: $3,322
Monthly Property Taxes: $656
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Durand, MI

Average List Price ^$309,900

Percent of Sale Price 38%

About Durand, MI

3,262 Population

-16% Since 2002

^$40,031 Median Income

39.54 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760388 Elementary School

759731 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/16/2024	$499,900		Listed Price

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300 Detroit Street, Durand, MI, 48429 is a Multi-Family Home for sale at $499,900 with a lot size of 0.3. 300 Detroit Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 48429 which is in Durand, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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300 Detroit Street

Multi-Family Home for sale in Durand, MI

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