402 Black Street Caro, MI $ 92,700
402 Black Street
$ 92,700
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402 Black Street

Caro, MI, 48723
$ 92,700
Bedrooms5 Baths2.0 Sq 1,634

Monthly Estimate*

$ 585

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Multi-Family Home for sale in Caro, MI

for $92,700 with 5 bedrooms and 2 full baths. This 1,634 square foot home was built on a lot size of 0.17.

Investment opportunity with an occupied three-bedroom, one-bath first-floor unit featuring a kitchen, living room, and in-unit laundry. The first-floor unit is currently rented for $750 per month on a month-to-month basis, with the tenant paying utilities and handling lawn mowing. The second floor has a separate entrance and offers the potential to create a spacious one-bedroom apartment or additional income-producing unit after renovations are completed. This could be an excellent opportunity for an owner-occupant to live in one unit while renting the other. The second floor has separate gas service, while the electrical service is currently disconnected and will require evaluation and completion. The owner also began replacing the main cast-iron drain line. The property is currently being used as one rental unit. Buyer and buyer’s agent should independently verify zoning, permitted use, rental certification, utility services, and all requirements necessary to complete and legally occupy the second-floor space.

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Multi-Family Active

Price

$ 92,700

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,397

Style

Lot Size

0.17

Town/City

Caro

County/Region

Tuscola

MLS | Web ID

20261060776

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession SeeRemarks
Garage Spaces 0.0
Architectural Style Other
Pool Features None
Construction Materials VinylSiding
Pets Allowed Yes
Year Built 9999
Levels Two
Property Subtype MultiFamily
County Tuscola
Net Operating Income 1.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name CHAS MONTAGUES SUB
Garage Y/N N
Full Baths 2
Status Active
Directions Driving from Montegue Ave through south west turn right on Norman street at the intersection.
City CaroCity_Tuscola
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Caro
Zoning Description Residential
Number Of Units Total 2
MLS Area Area79132Caro
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 1
Land Lease Y/N N
Tax Annual Amount 1397.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 22994
Expected Active Date 2026-08-04
Legal Description 475-0107-000 SEC 03 T12N R9E LOT 14 EX W 40 FT & LOT 15 BLK 7 CHAS MONTAGUES SUB VILL OF CARO.
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Exterior
Water Source Public
Foundation Details MichiganBasement
Spa N
Lot Dimensions 60x123
Lot Size Acres 0.17
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1634.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Internal Only
Street Number 1 402
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* Excluded Features
List By
Pemra Brabb

Listing Agent

Epique Realty

Broker

(810) 858-4222

Phone

Affordability Calculator

$702
Per Month
83%
17%
0%
Monthly Principal & Interest
$585
Monthly Property Taxes
$116
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
848452 Elementary School
848584 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/3/2026$92,700 Listed Price

Map


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402 Black Street, Caro, MI, 48723 is a Multi-Family Home for sale at $92,700 with 1,634 sqft and a lot size of 0.17. 402 Black Street has 5 bedrooms and 2.0 baths. The property's zip code is 48723 which is in Caro, MI