107 S Union St, Parma, MI 49269 is For Sale
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107 S Union St Parma, MI 49269

3 beds-- baths3,231 sqft

For Sale
$129,900
Est. Mortgage
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My Notes

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Great investment/income property! 111 E Main St. - Parma Post Office rents for $700/mo, 107 S. Union - 3 bdrm home rents for $725/mo, 115 E. Main St. -efficiency apartment rents for $375/mo. Home has been updated with newer roof, siding, insulation, windows, plus tenant has been there 10 yrs. Post Office has been operating since 1958. Efficiency apartment could also be used for business again (not residential). Unique property, unique opportunity for any investor!

Facts

  • Lot: 0.32 acres
  • Single Family
  • Built in 1900
  • 944 days on Zillow
  • Cooling: Central
  • Heating: Forced air
  • Price/sqft: $40
  • MLS #: 20010587

Features

  • Flooring: Carpet
  • Parking: 0 space

    Construction

    • Roof type: Other
    • Structure type: Other

    Other

    • Floor size: 3,231 sqft
    • Unit floor #: 2
    • Zillow Home ID: 2120525053

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $116,839
    +$1,389 Last 30 days
    $95K
    $127K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $795/mo
    -$17 Last 30 days
    $596
    $1.2K
    Zestimate range

    Popularity on Zillow

    443 views since listing
    1,297 all-time (chart)
    2 shoppers saved
    this home to their list of favorites
     

    Home Expenses

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    Neighborhood

    Market guide

    Zillow predicts 49269 home values will increase 2.2% next year, compared to a 1.4% rise for Jackson Metro as a whole. Among 49269 homes, this home is 10.9% more expensive than the midpoint (median) home, but is priced 48.1% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 49269, the number of foreclosures waiting to be sold is 154.8% higher than in Jackson Metro, and 4.1% lower than the national average. This higher local number may prevent 49269 home values from rising as quickly as other regions in Jackson Metro.

    Learn more about forecast calculations or 49269 home values.
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      For Sale

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      Nearby Schools in Parma

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org

      See listing website