70550 Main Street

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Exciting Investment Opportunity! This unique property features four units, including a spacious main floor unit, two upper units, and a unit above the two-car garage. With ample parking space and located right on Main Street, this property is in a prime rental area close to downtown and shopping. Don't miss out on this fantastic opportunity!Exciting Investment Opportunity! This unique property features four units, including a spacious main floor unit, two upper units, and a unit above the two-car garage. With ample parking space and located right on Main Street, this property is in a prime rental area close to downtown and shopping. Don't miss out on this fantastic opportunity!
  1. Listed by Bradley Thomson • Vantage Realty Group, LLC
    P: (734)-626-2631 C: (734)-626-2631 bradleythomson31@gmail.com

Amenities

  • Air Conditioning
  • Baseboard Heating
  • Common Laundry
  • Dishwasher
  • Driveway
  • Fireplace
  • Garage
  • Parking Included
LISTING UPDATED: 03/10/2025 06:41 PM

Property Details for 70550 Main Street

StatusPending
MLS #24063792
Days on Market39
Taxes$7,197 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 to 4 Units
Year Built1900
Lot Size0.21 AC / 9,148 SF
CountyMacomb County

Location

Listing Courtesy of Vantage Realty Group, LLC
Add your commute

Building Information for 70550 Main Street

Stories-Residences4Year Built1900Building Size-Lot Size0.21 AC / 9,148 SF

Payment Calculator

$1,696 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,097

Property Taxes

$600

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 70550 Main Street

Summary
Location and General Information
  • Cross Streets: Main St and Pound Rd
  • Municipality: City of Richmond
  • Directions: Located on Main St between Pierce St and Pound Rd.
  • Area - Major: Macomb County - 50
  • Street #: 70550
  • Street Name: Main
  • Suffix: Street
  • City: Richmond
  • State: MI
  • Zip Code: 48062
  • County: Macomb
  • Latitude: 42.820485
  • Longitude: -82.760296
  • Area - Minor: Macomb County - 50
Taxes and HOA
  • Taxable Value: 111203.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 50-07-03-35-276-002
Parking
  • Parking Features: Driveway, Gravel
  • Parking Total: 4.0
  • Attached Garage: No
  • Driveway: Gravel
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Dimensions: 60x162
  • Lot Measurement: Acres
  • Lot Acres: 0.21
  • Lot Square Footage: 9148.0
  • Lot Size Area: 0.21
Property and Assessments
  • Tax Year: 2024
  • Road Surface Type: Paved
  • Legal: A/P NO. 1 (L17, P6); S 60 FT OF LOT 1
  • Property Sub-Type: 2 to 4 Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1900
  • Video Groups: 0
Utilities
  • Utilities: Electricity Connected
  • Electric: True
  • Sewer: Public Sewer, True
  • Util Avail at Street: Public Sewer, Public Water
  • Utilities Attached: Electricity Connected
  • Water: Public Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Street Type: Paved, Public
  • Exterior Material: Vinyl Siding
  • Substructure: Crawl Space
  • Extras: Garages
Interior Features
  • Heating: Baseboard, Wall Furnace
  • Laundry Features: Common Area, Main Level
  • Basement: No
  • Cooling: Window Unit(s)
  • Basement Yes/No: No
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Cooling: Yes
  • Heating: Yes
  • Heat Source: Electric
  • Heat Type: Baseboard, Wall Furnace
  • Air Conditioning: Window Unit(s)
Multi Family
Multi Family Information
  • Number of Units: 4
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $840.00
  • Occupied: Yes
  • Description: Main Floor of House
Unit 2
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • Description: Upper Unit - Front
Unit 3
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • Description: Upper Unit - Back
Unit 4
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • Description: Unit above Garage
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: None
  • Owner Pays: Electricity, Gas, Sewer, Trash Collection
  • Terms Available: Cash, Conventional

Property History for 70550 Main Street

DateEvent & SourcePriceAppreciation
Jan 31, 2025

Contract Signed

Michigan Regional Information Center #24063792

Dec 23, 2024

Listed (Active)

Michigan Regional Information Center #24063792

$225,000
DateEvent & SourcePrice
01/31/2025

Contract Signed

Michigan Regional Information Center #24063792

12/23/2024

Listed (Active)

Michigan Regional Information Center #24063792

$225,000

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

Public Records for 70550 Main Street

Taxable ValueLand-Additions-Total-
Tax Record2021$6,453 ($538 / month)
Home Facts
Beds0Total Finished SqFt2,088 SqFtAbove Grade Finished SqFt2,088 SqFtStories2Lot Size9,365 SqFtStyleSingle Family ResidenceYear Built1900ZoningR-2CountyMACOMBAPN07-03-35-276-002Fireplace TypeHas Fireplace

Schools near 70550 Main Street

This home is within Richmond Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Will L. Lee School
PublicPK to 3

Richmond Middle School
Public4 to 8

Richmond Community High School
Public9 to 12

St. Augustine Catholic School
PrivatePK to 8

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 Vantage Realty Group, LLC

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