Bought with The Local Element
$95,000
$120,000
20.8%For more information regarding the value of a property, please contact us for a free consultation.
705 Osceola AVE Big Rapids, MI 49307
10,018 Sqft Lot
Key Details
Sold Price $95,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 290684
Sold Date 09/05/25
Style Multi-Story
Year Built 1910
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 100 x 100
Source Greater Lansing Association of REALTORS®
Property Description
Investor/DIY opportunity! This older home has the potential to be finished out as three separate rental units. Currently, two units are leased with secured rental income of $1,250 per month ($15,000 annually). The third unit is vacant and ready for renovation - ideal for a live-in landlord or to increase total income potential once rented. Great addition to your existing, or perhaps the first of your real estate empire. The property is being sold as-is and does require substantial updates, but with immediate income already in place, it's a great entry-level investment. Fully finished, the property has the potential to generate significantly higher returns.
Live Free, Rent 2! FSU Student/Parent Income property opportunity. Priced to move - don't delay! Bring your best and final offer.
Location
State MI
County Mecosta
Direction Located on the corner of Osceola and Bridge street, 1 block east of State St/Bus 131.
Rooms
Basement Michigan
Interior
Heating Natural Gas
Cooling Window Unit(s)
Flooring Carpet, Vinyl
Appliance Gas Water Heater
Laundry In Bathroom
Exterior
Parking Features Asphalt, Driveway, Garage, Garage Faces Side, On Street
Garage Spaces 2.0
Garage Description 2.0
Utilities Available High Speed Internet Available, Cable Available
Waterfront Description false
View Y/N No
Roof Type Shingle
Total Parking Spaces 5
Private Pool false
Building
Foundation Stone
Lot Size Range 0.23
Sewer Public Sewer
Architectural Style Multi-Story
Schools
High Schools Big Rapids
School District Big Rapids
Others
Tax ID 5417-11-156-014
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
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