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406 N Washington St

Lowell, MI 49331
Pending | MLS #21011813 | 129 days on market
beds
Beds
baths
Baths
sq ft
Sq Ft
acres
Acreage
0.23
type
2 to 4 Units
$142,500
$674/mo est*
Thomas Serio
Interested in this property?
Thomas Serio RealtorĀ®

Home Features

heating
Heating
cooling
Cooling
waterfront
Waterfront
No
county
County
Kent
Municipality
Municipality
Lowell City
school
School District
Lowell
calendar
Year Built
1966

Details

An exciting and rare opportunity to own a duplex in the beautiful City of Lowell! The first unit is a two bedroom 1 bath space that is currently vacant and was most recently rented for $750/month. The west unit is a 1 bedroom 1 bath space that is currently vacant was renting for $600/month. Situated on a large lot and just a short walk away from the North country trail, parks, the Riverwalk, and Lowell's historic downtown, this home is an excellent prospect for both investors or homeowners looking to offset mortgage costs with an income producing property.
Agent: Joshua M McCrackenPhone: 616-897-9239

Interior

Exterior

*Estimated monthly payments are based on 3.92% interest rate and 30 year loan term. Please contact your mortgage lender for a monthly payment estimate accurate to you.

Local Market Info

Balanced
Buyer's
Seller's
Lowell is currenty a
Balanced Market

A balanced market in real estate exists when supply and demand are in equilibrium. Housing prices remain stable and there is an ample supply of homes to buyers can choose from.

Area Demographics

Demographic Icon
Total Population
4060
Demographic Icon
Population Density
1,412
/sq mi.
Demographic Icon
Median YEARLY income
$31,202
Demographic Icon
MEDIAN AGE
38
Demographic Icon
COLLEGE EDUCATED
26%
Demographic Icon
Owner/renter divide
68% / 32%

Listing Stats

+15.3%
Since last Year
Average List Price
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 100,000 100,000 200,000 200,000
+10.5%
Since last Year
Number of New Homes on Market
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 5 5 10 10 15 15 20 20
-2.0%
Since last Year
Average Sale Price
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 100,000 100,000 200,000 200,000
-30.0%
Since last Year
Number of Sold Homes
2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 5 5 10 10 15 15 20 20
875 Oak Ridge Rd
Muskegon, MI 49441

Location Hours

M-F
8AM - 4PM walk ins
(Evenings By Appointment)

S-S
By Appointment Only

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