306 Russell Street

$424,900
Price
10
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

One of a kind extremely solid investment opportunity. Huge 15,000+ sq ft building started its life out as a school but now offers 5 x 2 Bed residential apartments, multiple office spaces, multiple bathrooms, full kitchen, 42x65 gym, and tons of bonus space. Entire building including all apartments are zero grade. Wide open floor plans. Gym is currently being converted into 11+ 10x10 climate-controlled storage units. Building is built like a tank and is mechanically sound. New roof approx 7 years...One of a kind extremely solid investment opportunity. Huge 15,000+ sq ft building started its life out as a school but now offers 5 x 2 Bed residential apartments, multiple office spaces, multiple bathrooms, full kitchen, 42x65 gym, and tons of bonus space. Entire building including all apartments are zero grade. Wide open floor plans. Gym is currently being converted into 11+ 10x10 climate-controlled storage units. Building is built like a tank and is mechanically sound. New roof approx 7 years ago. 1.5 Acre site offers plenty of parking and large greenspace including playground area. Absolutely unlimited possibilities and potential. Hurry to get this one working for you!
  1. Listed by Darin K Elliott • Brokerage DRE #6503408104 • Greenridge Realty (Ionia)
    P: (616)-902-2235 delliott@greenridge.com

Property Details for 306 Russell Street

Zoning
Commercial
ZoningDescription
Commercial
LISTING UPDATED: 08/13/2025 04:59 PM

Property Details for 306 Russell Street

StatusActive
MLS #25027272
Days on Market2624
Taxes$11,618 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 5+ Units
Year Built1973
Lot Size1.59 AC / 69,469 SF
CountyIonia County

Location

Listing Courtesy of Greenridge Realty (Ionia)
Add your commute

Building Information for 306 Russell Street

Stories-Residences7Year Built1973Building Size-Lot Size1.59 AC / 69,469 SF

Payment Calculator

$3,068 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,100

Property Taxes

$968

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 306 Russell Street

Summary
Location and General Information
  • Cross Streets: Pearl and Russell
  • Municipality: Hubbardston Vllg
  • Directions: From Main & Washington in Hubbardston. Head North/East on Washington to Russell, North/West to Property.
  • Area - Major: Grand Rapids - G
  • Street #: 306
  • Street Direction: W
  • Street Name: Russell
  • Suffix: Street
  • City: Hubbardston
  • State: MI
  • Zip Code: 48845
  • County: Ionia
  • Latitude: 43.097065
  • Longitude: -84.840031
  • Area - Minor: Grand Rapids - G
Taxes and HOA
  • Taxable Value: 165900.0
  • Approx. Assoc Fee: $0
  • Association Amenities: Other
  • Tax ID #: 091-060-000-690-10
  • Association: Yes
Parking
  • Parking Features: Concrete, Driveway
  • Parking Total: 38.0
  • Attached Garage: No
  • Driveway: Concrete
Property
Lot Information
  • Lot Features: Level, Recreational, Sidewalk, Corner Lot
  • Lot Dimensions: irregular
  • Lot Measurement: Acres
  • Lot Acres: 1.59
  • Lot Square Footage: 69469.0
  • Lot Size Area: 1.59
Property and Assessments
  • Tax Year: 2025
  • Road Surface Type: Paved
  • Legal: VILLAGE OF HUBBARDSTON LOT 199 EXP. COMMENCING AT THE NE CORNER OF LOT 199; THENCE NW ON THE NE LINE OFSAID LOT, 98 FT; THENCE SW PARALLELL WITH THE NE LINE OF SAID LOT, 200 FT; THENCE SW PARALLEL WITH THE NE LINE OF SAID LOT 98 FT; THENCE NE ALONG THE LINE BETWEEN LOTS 197 AND 199 200 FT TO THE POB: VILLAGE OF HUBBARDSTON LOT #200 SPLIT/COMBINED ON 03/02/2020 FROM 091-060-000-720-00;
  • Property Sub-Type: 5+ Units
  • New Construction: No
  • Total Floor Plans Count: 5
  • Floor Plans Change Timestamp: 06-09-2025 02:03:06 PM
  • Property Type: Multi Family
  • Year Built: 1973
  • Video Groups: 0
  • Mineral Rights: Unknown
Utilities
  • Utilities: Natural Gas Available, Cable Available, Natural Gas Connected, Electricity Connected
  • Sewer: Septic Tank
  • Water Source: Well
  • Util Avail at Street: Cable Available, High Speed Internet, Natural Gas Available
  • Utilities Attached: Electricity Connected, Natural Gas Connected
  • Water: Well
Interior and Exterior Features
Exterior Features
  • Roof: Composition, Rubber
  • Construction Materials: Block
  • Street Type: Paved, Public
  • Assoc Amenities: Other
  • Exterior Material: Block
  • Roofing: Composition, Rubber
  • Substructure: Slab
  • Extras: Tenant Storage
Interior Features
  • Heating: Forced Air
  • Laundry Features: Main Level
  • Basement: No
  • Basement Yes/No: No
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
Multi Family
Multi Family Information
  • Number of Units: 7
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $1,200.00
  • Occupied: Yes
  • SqFt: 965.0
  • Description: Apt 1
Unit 2
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $1,100.00
  • Occupied: Yes
  • SqFt: 848.0
  • Description: Apt 2
Unit 3
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $1,100.00
  • Occupied: Yes
  • SqFt: 878.0
  • Description: Apt 3
Unit 4
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $1,100.00
  • Occupied: Yes
  • SqFt: 812.0
  • Description: 4
Unit 5
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $1,100.00
  • Occupied: Yes
  • SqFt: 868.0
  • Description: Apt 5
Unit 6
  • BathsTotal: 1
  • BedsTotal: 0
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $300.00
  • Occupied: Yes
  • SqFt: 768.0
  • Description: Office/TWP
Unit 7
  • BathsTotal: 1
  • BedsTotal: 0
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $250.00
  • Occupied: Yes
  • SqFt: 712.0
  • Description: Office/Hist
Unit 8
  • BathsTotal: 0
Unit 9
  • BathsTotal: 0
Unit 10
  • BathsTotal: 0
Unit 11
  • BathsTotal: 0
Unit 12
  • BathsTotal: 0
Rental
Rental Information
  • Occupant Type: Tenant
  • Tenant Pays: None
  • Owner Pays: Electricity, Gas
  • Terms Available: Cash, Conventional

Property History for 306 Russell Street

DateEvent & SourcePriceAppreciation
Aug 13, 2025

Price Change

Michigan Regional Information Center #25027272

$424,900—
Jun 9, 2025

Listed (Active)

Michigan Regional Information Center #25027272

$549,900—
DateEvent & SourcePrice
08/13/2025

Price Change

Michigan Regional Information Center #25027272

$424,900
06/09/2025

Listed (Active)

Michigan Regional Information Center #25027272

$549,900

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

Public Records for 306 Russell Street

Taxable ValueLand-Additions-Total-
Home Facts
Beds0StyleSingle Family ResidenceCountyIONIAAPN34-091-060-000-690-10

Schools near 306 Russell Street

This home is within Carson City-Crystal Area Schools.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Carson City Elementary School
PublicPK to 3

Carson City-Crystal Middle School
Public4 to 8

Carson City-Crystal High School
Public9 to 12

Carson City-Crystal Alternative Academy
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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306 Russell Street is a multi-family home for sale in Hubbardston, MI 48845. This property was listed for sale on June 9, 2025 by Greenridge Realty (Ionia), it's currently listed at $424,900. This listing's school district is Carson City-Crystal Area Schools. Nearby schools include Carson City Elementary School, Carson City-Crystal Middle School and Carson City-Crystal High School. 306 Russell Street is a 10-bed, 7-bath, multi-family home built in 1973.

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Listing Courtesy of Greenridge Realty (Ionia)

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