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$350,000
Est. payment /mo
4 Baths
9,583 Sqft Lot
UPDATED:
10/25/2024 10:02 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Dryden Vlg
Subdivision Dryden Vlg
MLS Listing ID 20240080658
HOA Y/N true
Originating Board Realcomp
Year Built 1850
Annual Tax Amount $5,974
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 70.00 x 140.00
Property Description
Welcome to 5550 Main Street, one of Dryden's longest standing and tallest structures. Built in 1850 for the Lamb family, one of the founding families of Dryden, and its first village supervisor. This impressive property has a large custom designed heavily detailed first and second floor foyer with 11 foot ceilings in the entrance showcasing the ornate woodwork. With very little to no inventory for rentals, the demand continues to remain strong. This property has been easily rented. Units #2 and #4 are one bedroom units, unit #3 is a two bedroom unit, and unit #1 is currently being used as a two bedroom unit. There have been many updates made over the years, the newest include a new roof (December 2023), 2 refrigerators (2023), 2 hot water heaters (2022 & 2023), front porch work (2023), new doors (apartments 3 & 4 2023), new heater (apartment 4 2023) and cement work on side and rear porches (2022). Seller is currently having the exterior painted. Apartment 1 has new flooring, doors, window, and has been freshly painted. Apartment 3 has been completely updated. Rents are as follows: Apartment 1: $850.00 Apartment 2: $700.00 Apartment 3: $795.00 Apartment 4: $750.00. All tenants are on a month to month lease. Please note SATURDAY SHOWINGS ONLY.
Location
State MI
County Lapeer
Area Lapeer County - 30
Zoning Multi-Family
Direction Rochester Road to Dryden Road east to address, south side of Street.
Interior
Heating Forced Air
Cooling Window Unit(s)
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick,Other
Others
Tax ID 04440500400
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Solutions Realty Group LLC
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