721 Ives Avenue Big Rapids, MI $ 275,000
721 Ives Avenue
$ 275,000
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721 Ives Avenue

Big Rapids, MI, 49307
$ 275,000
Baths0.0

Monthly Estimate*

$ 1,921

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Studio

Multi-Family Home for sale in Big Rapids, MI

for $275,000. This home was built in 1976 on a lot size of 0.34.

INVESTOR / COLLEGE STUDENT PARENT TAKE A LOOK! Large Duplex building just across the street from the FSU Student Union Building on Ives Avenue. Making it a perfect location. Total of 8 Bedrooms (4 upstairs, 1 on the main floor and 3 in the basement) and 2 1/2 baths. The rooms are currently rented for $450 a month/per room and all tenants split utilities. Many recent updates and home is very spacious. The basement level has a walk-out, the laundry station for tenants and its own living room/kitchen area. Good rental history and income stream for someone looking for passive income or a Parent who needs to house a student and make money in the meantime. Call and schedule a tour while students are starting to look for next year!

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Multi-Family Pending

Price

$ 275,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,200

Style

5+ Units

Lot Size

0.34

Year Built

1976

Town/City

Big Rapids

County/Region

Mecosta

MLS | Web ID

24004362

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Phone Available Public Water Available Public Sewer Available Natural Gas Available Electric Available Cable Available Natural Gas Connected Electric Connected
Possession Close Of Escrow
Construction Materials Vinyl Siding
Year Built 1976
Tenant Pays Electric Water Trash Collection Sewer Gas
Property SubType 5+ Units
Tax Year 2023
County Mecosta
New Construction N
Property Type Multi-Family
Attached Garage N
Status Pending
Directions State Street to Oak east to Ives south to corner of Magnolia
City Big Rapids
High School District Big Rapids
Zoning Description R-1
Total Units 1
MLS Area West Central - W
Lot Size Square Feet 14810.0
Waterfront Y/N N
Street Name Ives
Land Lease Y/N N
Tax Annual Amount 4200.0
Lease Renewal Y/N N
MLS Area Minor West Central - W
Additional Parcels Y/N N
Rent Control Y/N N
Days on Market 25
Standard Status Pending
Occupancy Description Tenant
Tax Assessed Value 67707
Legal Description 000721 IVES AVENUE: FERRIS ACRES A REPLAT OF BLOCKS 47 48 57 AND 58 IN WARREN AND IVES' PLAT (ORIGINAL PLAT) AND A REPLAT OF ALL OF LOTS 22 AND 23 AND PARTS OF LOTS 13 14 15 AND 21 IN WARREN ESTATE'S
Senior Community None
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Interior
Basement Walk Out Full
Total Fireplaces 1
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Street Suffix Avenue
Laundry Features In Basement
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Driveway Gravel
Lot Features Corner Lot
Total Parking 5.0
Lot Size Area 0.34
Number of Buildings 1
Spa N
Lot Dimensions 100x150
Lot Size Acres 0.34
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 721
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* Excluded Features
List By
Re/Max Together

Broker

katiross@remax.net

Email

Affordability Calculator

$2,271
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,921
Monthly Property Taxes
$350
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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Nearby
251045 Elementary School
249539 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/30/2024$275,000 -2.48% Price Down
1/23/2024$282,000 Listed Price

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721 Ives Avenue, Big Rapids, MI, 49307 is a Multi-Family Home for sale at $275,000 with a lot size of 0.34. 721 Ives Avenue is a studio with 0.0 baths and was built in 1976. The property's zip code is 49307 which is in Big Rapids, MI