$385,000
Pending

524 E Main Street

Lowell, MI 49331
2222 sqft | 3 beds | 2 baths | 0.80 acres | #25038525
Browse 49 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Sold Before Broadcast. Rare investor opportunity! This unique home is currently configured as a 2-unit rental property: 2-BR unit (1,498 sf) and 1-BR unit (724 sf). Also, there is unfinished attic space (approx. 800 sf) that may offer a 3rd rental unit. Included is a small commercial building (346 sf) on the corner of E. Main Street, offering another income-producing opportunity. The parcel totals nearly 1 acre and is zoned Mixed-Use, allowing for a flexible combination of Commercial, Retail, Office, and Multi-Family use. It boasts 528' of public street frontage on 3 sides, with zoning density potential to add new units. There is also a 644 sf storage building. All appliances, furnishings, and personal property to remain with the property.

  • Property Details
      • Utility FeaturesNatural Gas Connected, Cable Connected, High-Speed Internet
      • Property SubtypeSingle Family Residence
      • InteriorGuest Quarters, Pantry
      • BasementCrawl Space, Partial
      • Lot DescriptionCorner Lot, Level
      • StyleVictorian
      • Property TypePurchase
      • Original List Price$385,000
      • MLS #25038525
      • MLS #25038525
      • Sewer InformationPublic
      • Utility SourcePublic
      • School DistrictLowell
      • Cost385000
      • Square Feet2222
      • Year Built1865
      • CountyKent
      • Acres0.8
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
      • Stories3
      • Parking Spaces2
      • Days on Market (Cumulative)1

Location

Liberty Gray | Keller Williams GR NorthReal Estate Group
OR

Interested in Purchasing 524 E Main Street?

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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