Sold
Last Sold Price
2 beds

1343 West Liberty Road, Clarklake, MI 49234

Multi FamilyProperty Type
2 acresLot Size
1953Year Built
12 carsParking Spaces

Description

Great investment opportunity in Clarklake! This property offers 4 Large 2BR Units, roughly 1,100 sq/ft of living space with many recent updates. Each unit has completely separate (tenant-paid) utilities along with an in-unit wash/dryer and a private deck/balcony. 3 of the 4 units are fully rented for $1,200/month and the owner's unit will be available for it's new owner/occupant or to generate additional rental income. With all 4 units rented there's potential for a 10+ Caprate. Nestled on 2 acres,...Great investment opportunity in Clarklake! This property offers 4 Large 2BR Units, roughly 1,100 sq/ft of living space with many recent updates. Each unit has completely separate (tenant-paid) utilities along with an in-unit wash/dryer and a private deck/balcony. 3 of the 4 units are fully rented for $1,200/month and the owner's unit will be available for it's new owner/occupant or to generate additional rental income. With all 4 units rented there's potential for a 10+ Caprate. Nestled on 2 acres, this scenic environment is a unique tenant experience with room for possible expansion was well. The majority of appliances are landlord owned and will be included with sale. Contact REALTOR today to schedule your private tour!
  • Listed by: Scott Timms 517.817.9517 scott@capitalmidwestholdings.com Brokerage DRE #6505425011 • Coldwell Banker Beiswanger Realty Group
Listing closed: 10/31/2024 12:00 AM • Source: Michigan Regional Information Center, MLS#: 24047944
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Recent comparable sales

Median sold price

$262,500

Avg days on market

34

Sale-to-list ratio

90.8%

Clarklake, MI

9 comparable properties found

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Amenities

  • Air Conditioning
  • Central AC
  • Dishwasher
  • Driveway
  • Fireplace
  • Forced Air
  • Parking Included
  • Washer / Dryer Hookup

Location

Listing Courtesy of Coldwell Banker Beiswanger Realty Group

Sold By RE/MAX MID-MICHIGAN R.E.

Add your commute
Payment Calculator

$3,066 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,715

Property Taxes

$351

HOA Dues

$1,000

The Payment Calculator is for illustrative purposes only.
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Property Information for 1343 West Liberty Road

Property Details

  • Taxes: $4,213 / year
  • Condo/Co-op Fees: $1,000 / month
  • MLS Type: Residential Income / Multi Family

Building Information

  • Residences: 4
  • Year Built: 1953
  • Lot Size: 2.00 AC / 87,120 SF

Summary

Location and General Information
  • Cross Streets: W Liberty & S Jackson
  • Municipality: Liberty Twp-Jackson
  • Directions: S Jackson Rd to W Liberty
  • Area - Major: Jackson County - JX
  • Street #: 1343
  • Street Direction: W
  • Street Name: Liberty
  • Suffix: Road
  • City: Clarklake
  • State: MI
  • Zip Code: 49234
  • County: Jackson
  • Latitude: 42.101754
  • Longitude: -84.409697
  • Area - Minor: Jackson County - JX
Taxes and HOA
  • Taxable Value: 106100.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 000-18-27-201-002-06
  • Homestead: 25
  • SEV: 106100
Parking
  • Parking Features: Driveway, Gravel
  • Parking Total: 12.0
  • Attached Garage: No
  • Driveway: Gravel
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0

Property

Lot Information
  • Lot Dimensions: 326x300x192x82x194x218
  • Lot Measurement: Acres
  • Lot Acres: 2.0
  • Lot Square Footage: 87120.0
  • Lot Size Area: 2.0
Property and Assessments
  • Tax Year: 2023
  • Legal: COM AT THE NE COR OF SEC 27 TH S89(DEGREES)38'34''W ALG THE N SEC LN 1813.49 FT (REC AS 1813.40 FT) FOR POB TH S00(DEGREES)39'44''E 300.00 FT TH S89(DEGREES)38'34''W 192.00 FT TH N00(DEGREES)39'44''W 82.35 FT TH S89(DEGREES)20'16''W 134.54 FT TH N00(DEGREES)39'44''W 218.36 FT TO N SEC LN TH N89(DEGREES)38'34''E ALG N LN 326.54 FT TO BEG. SEC 27 T4S R1W 2.00 A+/- SPLIT ON 03/03/2020 FROM 000-18-27-
  • Property Sub-Type: 2 to 4 Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1953
  • Video Groups: 0
  • Mineral Rights: Unknown
  • Accessibility Features YN: No
Utilities
  • Utilities: Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
  • Electric: True
  • Sewer: Septic Tank
  • Water Source: Well
  • Util Avail at Street: Cable Available
  • Utilities Attached: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water: Well

Interior and Exterior Features

Exterior Features
  • Construction Materials: Vinyl Siding
  • Exterior Material: Vinyl Siding
  • Substructure: Slab
  • Extras: Sep Electric Meter, Sep Gas Meter
Interior Features
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Basement: No
  • Cooling: Central
  • Basement Yes/No: No
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Cooling: Yes
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Air Conditioning: Central Air

Multi Family

Multi Family Information
  • Number of Units: 4
Income & Expense
  • Maintenance Expense: $1,000.00
  • Insurance Expense: $3,148.00
  • Net Operating Income: $43,872.00
  • Operating Expense: $11,328.00
  • Gross Income: $55,200.00

Unit Information

Unit 1
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $1,200.00
  • Occupied: Yes
  • SqFt: 1100.0
  • Description: Units 1-4
Unit 2
  • BathsTotal: 0
Unit 3
  • BathsTotal: 0
Unit 4
  • BathsTotal: 0
Unit 5
  • BathsTotal: 0
Unit 6
  • BathsTotal: 0
Unit 7
  • BathsTotal: 0
Unit 8
  • BathsTotal: 0
Unit 9
  • BathsTotal: 0
Unit 10
  • BathsTotal: 0
Unit 11
  • BathsTotal: 0
Unit 12
  • BathsTotal: 0

Rental

Rental Information
  • Tenant Pays: Electric, Gas
  • Owner Pays: Trash Collection
  • Terms Available: Cash, Conventional

Property History for 1343 West Liberty Road

DateEvent & SourcePriceAppreciation
Oct 31, 2024

Sold (Public Record)

Public Record #1546413879

$321,325

+13.3% / yr

Oct 31, 2024

Sold

MiRealSource #70430392

$321,325—
Oct 31, 2024

Sold

Realcomp #55024047944

$321,325—
DateEvent & SourcePrice
10/31/2024

Sold (Public Record)

Public Record #1546413879

$321,325

+13.3% / yr

10/31/2024

Sold

MiRealSource #70430392

$321,325
10/31/2024

Sold

Realcomp #55024047944

$321,325

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

1343 West Liberty Road

Total Finished SqFt

4,800 SqFt

Above Grade Finished SqFt

4,800 SqFt

Stories

2

Lot Size

87,120 SqFt

Style

Multi-Family Dwelling (2-4)

Year Built

1989

Schools near 1343 West Liberty Road

This home is within Columbia School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 6
Public - 7 to 12
Public - 6 to 12
Rating
School
Distance
Columbia Elementary School
PublicPK to 2

Columbia Middle School
Public3 to 6

Columbia Central High School
Public7 to 12

Columbia Alternative Education
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Coldwell Banker Beiswanger Realty Group

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