Sold for $235,000 on 07/01/24
$235,000
122 W Lagrange St, Morenci, MI 49256
4beds
2,346sqft
Multi Family
Built in 1953
-- sqft lot
$-- Zestimate®
$100/sqft
$1,657 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,657/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Welcome to this beautiful multifamily home nestled in the heart of Morenci. If you're looking for your next investment property, look no further! This 4-unit home is fully renovated and offers a comfortable 1-bed, 1-bath layout, meticulously updated to ensure modern comfort and style, providing a stable income. The property features smoke-free units that are fully occupied by friendly, quiet, reliable tenants who are very eager to stay. The property includes separate electrical boxes for each unit, with heat, water, and trash covered by the owner simplifying the rental process. Additionally, a convenient coin laundry room is available for tenants, which covers the cost of the water bill. Providing a stable income, these units are ready for you with nothing to do but sign the deed. The large lot offers a multitude of options for future development or enhancement. The expansive space provides ample opportunity for building additional units, significantly increasing the property’s income potential. Alternatively, you could create a community play area, a picnic area, or even a garden space to enhance the living experience for your tenants, making the property even more attractive. This property is a robust investment option that can provide a consistant income, and long-term appreciation. If you are looking for an attractive addition to your investment portfolio, don't wait! Contact us today to arrange your private showing!
Zillow last checked: 8 hours ago
Listing updated: July 02, 2024 at 05:21am
Listed by:
Jessica Taylor 517-662-9707,
NextHome Elevate in Temperance
Bought with:
Jennifer Caruso, 6501386184
Howard Hanna Real Estate Services-Tecumseh
Source: MiRealSource,MLS#: 50143383
Originating MLS: Southeastern Border Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Boiler
Appliances
- Included: Range/Oven, Refrigerator
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,346
- Total interior livable area: 2,346 sqft
Property
Features
- Levels: One
- Stories: 1
- Frontage length: 109
Lot
- Size: 0.33 Acres
- Dimensions: 109 x 203 x 82 x 203
Details
- Parcel number: XM0000003400
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Slab
Condition
- Year built: 1953
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
Community & neighborhood
Location
- Region: Morenci
- Subdivision: N/A
HOA & financial
Other financial information
- Total actual rent: 2275
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership type: LLC
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2024 | Sold | $235,000$100/sqft |
Source: | ||
| 6/3/2024 | Pending sale | $235,000$100/sqft |
Source: | ||
| 5/28/2024 | Listed for sale | $235,000+184.8%$100/sqft |
Source: | ||
| 8/5/2019 | Sold | $82,500-21.4%$35/sqft |
Source: Public Record | ||
| 4/2/2019 | Listing removed | $105,000$45/sqft |
Source: Howard Hanna - Tecumseh #31345844 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $87,047 +47.2% |
| 2024 | -- | $59,137 +4.1% |
| 2023 | $639 | $56,782 -8.9% |
Find assessor info on the county website
Neighborhood: 49256
Nearby schools
GreatSchools rating
- 5/10Morenci Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Morenci Area High SchoolGrades: 6-12Distance: 0.5 mi
Schools provided by the listing agent
- District: Morenci Area Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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