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306 W Russell Street Hubbardston, MI $ 424,900
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$ 424,900 Get more info
306 W Russell Street
$ 424,900
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306 W Russell Street

Hubbardston, MI, 48845
$ 424,900
Baths0.0

Monthly Estimate*

$ 2,651

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Studio

Multi-Family Home for sale in Hubbardston, MI

for $424,900. This home was built in 1973 on a lot size of 1.59.

One of a kind extremely solid investment opportunity. Huge 15,000+ sq ft building started its life out as a school but now offers 5 x 2 Bed residential apartments, multiple office spaces, multiple bathrooms, full kitchen, 42x65 gym, and tons of bonus space. Entire building including all apartments are zero grade. Wide open floor plans. Gym is currently being converted into 11+ 10x10 climate-controlled storage units. Building is built like a tank and is mechanically sound. New roof approx 7 years ago. 1.5 Acre site offers plenty of parking and large greenspace including playground area. Absolutely unlimited possibilities and potential. Hurry to get this one working for you!

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Multi-Family Active

Price

$ 424,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 11,618

Style

5+ Units

Lot Size

1.59

Year Built

1973

Town/City

Hubbardston

County/Region

Ionia

MLS | Web ID

25027272
Features
General
Sewer Septic Tank
Heating Forced Air
Utilities Natural Gas Available Cable Available Natural Gas Connected Electricity Connected
Possession Subject To Tenant Rights
Roof Composition Rubber
Construction Materials Block
Year Built 1973
Tenant Pays None
Township Hubbardston Vllg
Property Subtype 5+ Units
Tax Year 2025
County Ionia
New Construction N
Property Type Multi Family
Association Amenities Other
HOA Y
Attached Garage N
Status Active
Directions From Main & Washington in Hubbardston. Head North/East on Washington to Russell North/West to Property.
City Hubbardston
High School District Carson City
Zoning Description Commercial
Number Of Units Total 7
MLS Area Grand Rapids - G
Lot Size Units Acres
Lot Size Square Feet 69469.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 11618.0
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Rent Control Y/N N
Virtual Tour https://harrcreative.com/index.php?eddfile=87501%3A125122%3A0&ttl=1780443008&token=34fe6fa0da82e17df11ba24738f5fc89aa26cb2fe6a3d49a5c43e67a968f522a&oiid=17891
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 165900
Legal Description VILLAGE OF HUBBARDSTON LOT 199 EXP. COMMENCING AT THE NE CORNER OF LOT 199; THENCE NW ON THE NE LINE OFSAID LOT 98 FT; THENCE SW PARALLELL WITH THE NE LINE OF SAID LOT 200 FT; THENCE SW PARALLEL WITH
Senior Community None
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Interior
Basement Slab
Basement (Y/N) N
Heating Y/N Y
Laundry Features Main Level
Total Baths 0
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Exterior
Parking Features Concrete Driveway
Lot Features Level Recreational Sidewalk Corner Lot
Water Source Well
Total Parking 38.0
Lot Size Area 1.59
Number of Buildings 1
Spa N
Lot Dimensions irregular
Lot Size Acres 1.59
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 306
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* Excluded Features
List By
Greenridge Realty (Ionia)

Broker

delliott@greenridge.com

Email

Affordability Calculator

$3,619
Per Month
73%
27%
0%
Monthly Principal & Interest
$2,651
Monthly Property Taxes
$968
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
250440 Elementary School
251342 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2025$424,900 -10.53% Price Down
8/2/2025$474,900 -4.73% Price Down
7/11/2025$498,500 -9.35% Price Down
6/9/2025$549,900 Listed Price

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306 W Russell Street, Hubbardston, MI, 48845 is a Multi-Family Home for sale at $424,900 with a lot size of 1.59. 306 W Russell Street is a studio with 0.0 baths and was built in 1973. The property's zip code is 48845 which is in Hubbardston, MI

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