363 Clay Street Sparta, MI 49345

$175,000
363 Clay Street, Sparta, MI 49345

Multi-Family Home for sale in Sparta, MI

for $175,000 with 4 bedrooms and 3 full baths. This 2,010 square foot home was built in 1920 on a lot size of 0.1520 Acre(s).

Property Information

  • $175,000
  • 4 Bedrooms
  • 3 Full Baths
  • Multi-Family
  • 2,010 Square Feet
  • Taxes are $1,424
  • Multi Units
  • Active
  • Lot size of 0.1520 Acre(s)
  • Built in 1920
  • Sparta, MI
  • Kent County
  • MLS/Web ID is 18008977

Description

Excellent opportunity for investors or owner occupants on this 3 Unit property. Live in one and let the rental income on the other units help pay your mortgage! Rental income produces nearly $19, 000 in gross rents per year. Main floor has a 3-bedroom unit and upstairs has a 1 bedroom and an efficiency unit. Recent updates include extra large water heater in 2017, complete roof tear off including new rafters within past 10 years, central A/C in lower unit, newer furnace in upper unit in 2017 andupdated bath in efficiency unit. Home offers full basement with washer and dryer that will stay and a detached garage. Utilities for all 3 units average approximately $600 per month. Units are currently rented and 24 hour notice is required on all showings.

Open House

Address:
363 Clay Street
Sparta, MI

Add Open House

This property will be open during the following times:

5/20/2018 1:00 PM - 3:00 PM

Interior 6

Basement

  • Basement
  • Full Basement

Cooling System

  • Central Air

Heating Source

  • Natural Gas

Heating System

  • Forced Air
  • Window Unit(s)

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 8

Driveway

  • Unpaved Driveway

Garage

  • Garage(s)

Land Improvements

  • Sidewalks

Lot Description

  • Level/Flat

Parking

  • 1-20 Parking Spaces

Road Frontage

  • Paved

Roof

  • Composition

Siding

  • Vinyl

Miscellaneous 2

Acceptable Finance

  • Cash

Utilities

  • Cable
  • Electric
  • Natural Gas
  • Phone Line Available

Rental 1

Landlord Pays

  • Electric
  • Gas
  • Pest Control
  • Sewer
  • Water

† Excluded Feature

Neighborhood & Schools

School District: Sparta

 See complete school information

Listed By

Broker: ROCKGATE REAL ESTATE - BR

363 Clay Street, Sparta, MI, 49345 is a Multi-Family Home for sale at $175,000 with 2,010 sqft and a lot size of 0.1520 Acre(s). 363 Clay Street has 4 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 49345 which is in Sparta, MI

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Market Pricing

Average % of sale price Median % of sale price
All listings in Sparta $303,536 73 % above $209,000 19 % above
Multi-family listings in Sparta $179,950 3 % above $179,950 3 % above

Get the facts about Sparta, MI!

Population 4,108
Population Growth (since 2000) 0 %
Median Income $42,393
Median Age 35.3
Households w/ Children 36 %

Residential Dwellings

  • Owned 1029
  • Vacant 112
  • Rented 598

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363