51600 Hallam Road

Mendon, MI 49072

$120,000
Last Sold Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Sold 8/31/88
Sold 8/31/88

Description

Here's A Rare Opportunity To Get Cash Flow On A Realistic Basis. Owner Wants To Retire. Monthly Income Of 1,760.+_+ Each Unit Has Separate Meters And Renters Pay Own Utilities. Minimum Expenses For Garbage, Electric Pump And Lawn Care. Cash Flow Possible Around $300-400 Or So Per Month. Plus Six Acres To Build More Units, Plus 50` Frontage On Portage Lake, Plus, Plus, Plus!Here's A Rare Opportunity To Get Cash Flow On A Realistic Basis. Owner Wants To Retire. Monthly Income Of 1,760.+_+ Each Unit Has Separate Meters And Renters Pay Own Utilities. Minimum Expenses For Garbage, Electric Pump And Lawn Care. Cash Flow Possible Around $300-400 Or So Per Month. Plus Six Acres To Build More Units, Plus 50` Frontage On Portage Lake, Plus, Plus, Plus!
  1. Listed by Garry Kortz • Brokerage DRE #6505333016 • Berkshire Hathaway HomeServices MI
    P: (269)-344-8599 scottkellogg@bhhsmi.com

Property Details for 51600 Hallam Road

Zoning
R-2
ZoningDescription
R-2
LISTING CLOSED: 08/31/1988 12:00 AM

Property Details for 51600 Hallam Road

StatusSold
MLS #9119680
Days on Market195
Taxes$2,030 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / 2 to 4 Units
Year Built1976
Lot Size6.00 AC / 261,360 SF
CountySt. Joseph County
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Location

Listing Courtesy of Berkshire Hathaway HomeServices MI

Sold By Non-Office

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Building Information for 51600 Hallam Road

Stories-Residences8Year Built1976Building Size-Lot Size6.00 AC / 261,360 SF

Payment Calculator

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$779 per month

30 year fixed, 6.55% Interest

Principal and Interest

$610

Property Taxes

$169

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 51600 Hallam Road

Summary
Location and General Information
  • Cross Streets: Flach Rd. & E. Michigan
  • Municipality: Mendon Twp
  • Area - Major: St. Joseph County - J
  • Street #: 51600
  • Street Name: Hallam
  • Suffix: Road
  • City: Mendon
  • State: MI
  • Zip Code: 49072
  • County: St. Joseph
  • Area - Minor: St. Joseph County - J
Taxes and HOA
  • Approx. Assoc Fee: $0
  • Tax ID #: TBD
Parking
  • Parking Total: 10.0
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Dimensions: 324X674X202X299X400
  • Lot Measurement: Acres
  • Lot Acres: 6.0
  • Lot Square Footage: 261360.0
  • Lot Size Area: 6.0
Property and Assessments
  • Tax Year: 1987
  • Legal: M&B
  • Property Sub-Type: 2 to 4 Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1976
  • Video Groups: 0
Utilities
  • Utilities: Electricity Available, Cable Available
  • Sewer: Septic Tank
  • Water Source: Well
  • Util Avail at Street: Cable Available, Electricity Available
  • Water: Well
Interior and Exterior Features
Exterior Features
  • Roof: Composition
  • Roofing: Composition
Interior Features
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
Multi Family
Multi Family Information
  • Number of Units: 8
Income & Expense
  • Net Operating Income: $18,376.00
  • Operating Expense: $2,111.00
  • Gross Income: $21,120.00
Unit Information
Unit 1
  • ActualRent: $203.00
  • Description: 1
Unit 2
  • ActualRent: $236.00
  • Description: 2
Rental
Rental Information
  • Terms Available: Cash, Conventional

Property History for 51600 Hallam Road

DateEvent & SourcePriceAppreciation
Aug 31, 1988

Sold

Michigan Regional Information Center #9119680

$120,000—
Jul 28, 1988

Contract Signed

Michigan Regional Information Center #9119680

—
Jan 15, 1988

Listed (Active)

Michigan Regional Information Center #9119680

$135,000—
DateEvent & SourcePrice
08/31/1988

Sold

Michigan Regional Information Center #9119680

$120,000
07/28/1988

Contract Signed

Michigan Regional Information Center #9119680

—
01/15/1988

Listed (Active)

Michigan Regional Information Center #9119680

$135,000

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

Public Records for 51600 Hallam Road

Taxable ValueLand-Additions-Total-
Tax Record2025$970 ($81 / month)
Home Facts
Total Finished SqFt3,276 SqFtAbove Grade Finished SqFt3,276 SqFtStories1Lot Size53,579 SqFtStyleMiscellaneous CommercialZoningR-2CountyST. JOSEPHAPN010-008-006-10

Schools near 51600 Hallam Road

This home is within Mendon Community School District.
Rating
School
Type
Grades
Distance
Mendon Elementary School
Public - PK to 5
Mendon Middle/High School
Public - 6 to 12
Rating
School
Distance
Mendon Elementary School
PublicPK to 5

Mendon Middle/High School
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 Berkshire Hathaway HomeServices MI

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