Last Sold Price
4 beds1,800 sqft$192/sqft
225 3rd Street, Fenton, MI 48430

Description

Welcome to this fantastic duplex investment property! This property offers a unique opportunity for investors looking to maximize their returns. This well-maintained fully furnished duplex features two separate units, each with its own entrance, ensuring privacy for tenants. Both units have 2 bedrooms and 1 full bathroom. Both units have been recently updated with modern finishes and amenities, including a wraparound deck with Trex Composite decking and a covered awning, stainless steel appliances,...Welcome to this fantastic duplex investment property! This property offers a unique opportunity for investors looking to maximize their returns. This well-maintained fully furnished duplex features two separate units, each with its own entrance, ensuring privacy for tenants. Both units have 2 bedrooms and 1 full bathroom. Both units have been recently updated with modern finishes and amenities, including a wraparound deck with Trex Composite decking and a covered awning, stainless steel appliances, lifeproof flooring, and professional landscaping. Located in a highly desirable neighborhood, this duplex is within walking distance to downtown Fenton where you’ll find parks, shopping & a number of great restaurants! Fenton is known for its strong rental demand, making this property an excellent investment opportunity. With its attractive features, prime location, and potential for rental income, this duplex investment property is a must-see for savvy investors. Don't miss out on this incredible opportunity to add a profitable asset to your portfolio. Schedule a showing today!
LISTING CLOSED: 10/19/2023 12:00 AM

  1. Listed by Joshua Lee • Brokerage DRE #6505418521 • Real Estate For A CAUSE
    P: (810)-344-7275 C: (810)-423-3617 realestateninja83@gmail.com

Property Details for 225 3rd Street

Status
MLS #
20230067488
Days on Market
21
Taxes
$4,928 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi Family
Year Built
1940
Lot Size
0.16 AC / 6,969 SF
Subdivision Name
BOOTH AND MILES NORTHERN ADD
Architectural Style
Duplex
Waterfront
No
Zoning Description
Multi-Family
Senior Community
No

Location

Listing Courtesy of Real Estate For A CAUSE

Sold By Coldwell Banker Professionals

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Building Information for 225 3rd Street

Stories-Residences2Year Built1940Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$2,164 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,754

Property Taxes

$411

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 225 3rd Street

Summary
Location and General Information
  • Directions: Leroy to third st on corner of Third & East st
  • Latitude: 42.8005833
  • Longitude: -83.70226864
  • Cross Street: Leroy & East
  • MLS Area Major: Fenton (25022)
Taxes and HOA
  • Parcel Number: 5325551063
  • Tax Amount Summer: $3,813.00
  • Tax Amount Winter: $1,115.00
  • Tax Annual Amount: $4,928.00
  • Tax Assessed Value: $77,200.00
  • Tax Legal Description: LOT 14 BLK 8 BOOTH AND MILES NORTHERN ADDITION
School Information
  • High School District: Fenton
Parking
  • Parking Total: 4.0
Virtual Tour
Property
Lot Information
  • Frontage Length: 60.0
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Dimensions: 60.00 x 120.00
  • Lot Size Units: Acres
  • Road Frontage Feet: 60
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 77200.0
  • Living Area: 1800.0
  • Building Area Total: 1800.0
  • Above Grade Finished Area: 1800.0
  • Below Grade Total Area: 900.0
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • New Construction: No
  • Year Built: 1940
Building Features
  • Construction Materials: Block
  • Foundation Details: Basement, Block
  • Levels: Two
  • Roof: Asphalt
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 2.0
  • Appliances: Gas Water Heater
  • Basement: Full, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Cooling: Central Air
  • Has Cooling: Yes
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Water Heater Fuel: Natural Gas
Exterior Features
  • Exterior Features: Awnings
  • Patio And Porch Features: Deck
Multi Family
Multi Family Information
  • Number of Units Leased: 2
  • Number of Units Total: 2
Income & Expenses
  • Gross Scheduled Income: $60,000.00
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $5,000.00
  • Existing Lease: No
  • Pets Allowed: Cats Ok, Dogs Ok
  • Rent Spree: No

Property History for 225 3rd Street

DateEvent & SourcePriceAppreciation
Oct 19, 2023

Sold (Public Record)

Public Record #1520511986

$345,000

+33.1% / yr

Oct 19, 2023

Sold

Realcomp #20230067488

$345,000
Oct 19, 2023

Sold

MiRealSource #60245989

$345,000
DateEvent & SourcePrice
10/19/2023

Sold (Public Record)

Public Record #1520511986

$345,000

+33.1% / yr

10/19/2023

Sold

Realcomp #20230067488

$345,000
10/19/2023

Sold

MiRealSource #60245989

$345,000

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

Public Records for 225 3rd Street

Taxable ValueLand-Additions-Total-
Tax Record2025$6,022 ($502 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtStories2Lot Size7,187 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1940ZoningMDRCountyGENESEEAPN53-25-551-063

Schools near 225 3rd Street

This home is within Fenton Area Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Tomek-Eastern Elementary School
PublicK to 5

Andrew G. Schmidt Middle School
Public6 to 8

Fenton Senior High School
Public9 to 12

North Road Elementary School
PublicK to 5

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 225 3rd Street, Fenton, MI 48430
$345,000
4
1,800
6,969
$90,000
2
1
825
7,187
$98,900
3
1,400
$139,900
3
1,260
$243,000
3
1,462
7,405
$51,584
3
1
1,761
14,418

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Estate For A CAUSE

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