16350 Oakley Road

Sold 6/14/24
Sold 6/14/24
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Sold
Last Sold Price
$250,000
6 beds3,280 sqft

16350 Oakley Road, Chesaning, MI 48616

Multi FamilyProperty Type
3.49 acresLot Size
1968Year Built
$76/sq ftPrice per sq ft

Description

Great Turn Key Investment Property! 5 Unit Multi Family off M52 North of Owosso. Centrally Located-North of Owosso 15 minutes, East of Lansing 35 minutes, West of Chesaning 10 minutes, south of Saginaw 25 minutes, and West of Flint 40 minutes. Easy Commute! Completely Remodeled over last 3 years- Vinyl Siding/Windows/ Flooring/Paint/Shutters in 2021. Most have updated Bathrooms (Vanities and Toilets). All Units have Fridge/Stove owned.Great Turn Key Investment Property! 5 Unit Multi Family off M52 North of Owosso. Centrally Located-North of Owosso 15 minutes, East of Lansing 35 minutes, West of Chesaning 10 minutes, south of Saginaw 25 minutes, and West of Flint 40 minutes. Easy Commute! Completely Remodeled over last 3 years- Vinyl Siding/Windows/ Flooring/Paint/Shutters in 2021. Most have updated Bathrooms (Vanities and Toilets). All Units have Fridge/Stove owned.
  • Listed by: Amber Chambers 810.820.0565 ac.remax@gmail.com Brokerage DRE #6503341375 • RE/MAX Platinum-Fenton
Listing closed: 06/14/2024 12:00 AM • Source: Realcomp, MLS#: 20240033360
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Location

Listing Courtesy of RE/MAX Platinum-Fenton

Sold By Coldwell Banker Professionals Morrice/Owosso

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$1,588 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,335

Property Taxes

$253

HOA Dues

$0

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Property Information for 16350 Oakley Road

Property Details

  • Taxes: $3,037 / year
  • MLS Type: Residential Income / Multi Family
  • County: Saginaw County
  • Architectural Style: Ranch
  • Waterfront: No
  • Zoning Description: Multi-Family
  • Senior Community: No

Building Information

  • Residences: 5
  • Year Built: 1968
  • Lot Size: 3.49 AC / 152,024 SF

Summary

Location and General Information
  • Directions: N of Owosso 15 minutes
  • Latitude: 43.18135462
  • Longitude: -84.16983385
  • Township: Saginaw Brady Twp
  • Cross Street: M57+M52
  • MLS Area Major: Brady Twp (73004)
  • Direction Faces: West
Taxes and HOA
  • Parcel Number: 07092131006000
  • Tax Amount Summer: $664.00
  • Tax Amount Winter: $2,373.00
  • Tax Annual Amount: $3,037.00
  • Tax Assessed Value: $60,585.00
  • Tax Legal Description: E 508.2 FT OF S 300 FT OF N 1/2 OF S 1/2 OF NE 1/4 -- 3.50 ACRES SEC 13 T09N R2E
  • Tax Other Annual Assessment Amount: $25.00
School Information
  • High School District: Chesaning Union
Parking
  • Attached Garage: No

Property

Lot Information
  • Lot Size Acres: 3.49
  • Lot Size Area: 3.49
  • Lot Size Dimensions: 318.00 x 508.00
  • Lot Size Units: Acres
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 76700.0
  • Living Area: 3280.0
  • Building Area Total: 3280.0
  • Above Grade Finished Area: 3280.0
  • Class Name: Residential Income
  • Living Area Source: Assessor
  • New Construction: No
  • Year Built: 1968
Building Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Crawl Space, Slab
  • Levels: One
  • Stories Total: 1
Utilities
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available
  • Water Source: Well

Interior and Exterior Features

Interior Features
  • Bathrooms Total Notational: 5.0
  • Basement: Crawl Space
  • Has Basement: No
  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Has Cooling: No
  • Fireplace: No
  • Heating: Baseboard, Hot Water, Natural Gas, Radiant
  • Has Heating: Yes
  • UnitOneBedNumberOf: 4
  • UnitTwoBedNumberOf: 1

Multi Family

Multi Family Information
  • Number of Units Leased: 5
  • Number of Units Total: 5
  • Unit Records: 5
Income & Expenses
  • Gross Scheduled Income: $52,500.00
  • Net Operating Income: $48,800.00
  • Operating Expense: $4,700.00

Unit Information

Unit 1
  • Actual Rent: $795.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 600.0
  • Type: One Bedroom
Unit 2
  • Actual Rent: $795.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 600.0
  • Type: One Bedroom
Unit 3
  • Actual Rent: $995.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 880.0
  • Type: Two Bedroom
Unit 4
  • Actual Rent: $795.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 600.0
  • Type: One Bedroom
Unit 5
  • Actual Rent: $995.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 600.0
  • Type: One Bedroom

Agent

Sale and Listings
  • Public GLR Website: Yes

Rental

Rent Information
  • Monthly Rental Income: $4,375.00
  • Existing Lease: Yes
  • Pets Allowed: Cats Ok
  • Rent Includes: Water
  • Rent Spree: No

Property History for 16350 Oakley Road

DateEvent & SourcePriceAppreciation
Sep 30, 2026

Permanently Off Market

MiRealSource #50192709

$349,999—
Sep 30, 2026

Permanently Off Market

Realcomp #60050192709

$349,999—
Jul 28, 2026

Price Change

MiRealSource #50192709

$353,999—
DateEvent & SourcePrice
09/30/2026

Permanently Off Market

MiRealSource #50192709

$349,999
09/30/2026

Permanently Off Market

Realcomp #60050192709

$349,999
07/28/2026

Price Change

MiRealSource #50192709

$353,999

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

Public Records for 16350 Oakley Road

Taxable Value

Land

-

Additions

-
Total-

Tax Record

2025

$645 ($54 / month)

Home Facts

Beds

0

Lot Size

100,188 SqFt

Style

Residential

Zoning

A-R

County

SAGINAW

APN

07-09-2-13-1007-000

Schools near 16350 Oakley Road

This home is within Chesaning Union Schools.
Rating
School
Type
Grades
Distance
Big Rock Elementary School
Public - PK to 3
Chesaning Middle School
Public - 4 to 8
Chesaning Union High School
Public - 9 to 12
Chesaning Union Schools Alternative Education
Public - 9 to 12
Rating
School
Distance
Big Rock Elementary School
PublicPK to 3

Chesaning Middle School
Public4 to 8

Chesaning Union High School
Public9 to 12

Chesaning Union Schools Alternative Education
Public9 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 RE/MAX Platinum-Fenton

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