421 S  Court Ave, Gaylord, MI 49735
FOR SALE

421 S Court Ave
Gaylord, MI 49735

  • 7 Beds
  • 3 Baths
  • 2,400 sqft
  • 7 Beds
  • 3 Baths
  • 2,400 sqft

$298,000

Original price: $305,000
Est. Mortgage $1,887/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Prime investment opportunity awaits with this income property. A duplex, currently leased to the state of Michigan, ensures a steady stream of rental income. The main floor unit has 5 bedrooms and 2 baths, offering ample space for tenants. The upper unit features 2 bedrooms and 1 bath. Main floor laundry and a screened-in porch. Don't miss out on this lucrative venture - seize the chance to add this exceptional property to your portfolio today!

Home Highlights

Parking
Open Parking
Outdoor
Yes
A/C
Heating only
HOA
None
Price/Sqft
$124
Listed
122 days ago

Home Details for 421 S Court Ave

Interior Features

Interior Details
Basement: Michigan,Partial
Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2400 Square Feet
Appliances & Utilities
Utilities: Natural Gas Connected, Cable Internet AccessAppliances: Dryer, Electric Range, Microwave, Refrigerator, Washer, Gas Water HeaterDryerLaundry: Main LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Electric,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Electric
Gas & Electric
Electric: Master
Windows, Doors, Floors & Walls
Flooring: Tile
Levels, Entrance, & Accessibility
Levels: TwoEntry Location: Unit 1(Main Level), Unit 2(Upper Level)Floors: Tile
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Patio / Porch: EnclosedExterior: LawnFoundation: SlabLawn
Parking & Garage
No CarportNo GarageHas Open ParkingParking Spaces: 5Parking: Unit 1(Drive),Unit 2(Street)
Water & Sewer
Sewer: MunicipalWater Body: None

Days on Market

Days on Market: 122

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, Duplex
Building
Construction Materials: Frame, Vinyl Siding

Price & Status

Price
List Price: $298,000Price Per Sqft: $124
Status Change & Dates
Possession Timing: TBD

Active Status

MLS Status: Active

Location

Direction & Address
City: GaylordCommunity: T30N R3W
School Information
Elementary School: GaylordHigh School: Gaylord

Agent Information

Listing Agent
Listing ID: 201827604

Lot Information

Lot Area: 8712 sqft

Offer

Listing Terms: Cash, Conventional Mort

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %Sub Agency Commission: 3Sub Agency Commission Type: %Transaction Broker Commission: 0Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Owner

Rental

Are Units Furnished: All UnitsLease Term: Unit 1(12 Months), Unit 2(12 Months)Owner Pays: Electricity, Fuel, Maintenance, Sewer, Water

Miscellaneous

Mls Number: 201827604
Last check for updates: about 18 hours ago
Listing courtesy of Gordon E Hoyem, (989) 619-9479
The TEAM Real Estate Group, (989) 732-6500
Theteam Real Estate Group, (989) 732-6500
The TEAM Real Estate Group, (989) 732-6500
Source: WWMLS, MLS#201827604

Price History for 421 S Court Ave

DatePriceEventSource
01/24/2024$298,000PriceChange
WWMLS #201827604
12/27/2023$305,000Listed For SaleWWMLS #201827604
12/26/2023ListingRemovedWWMLS #201827288
11/17/2023$305,000Listed For SaleWWMLS #201827288
04/22/2022$100,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$2,555
Assessment$127,800
Home facts updated by county records

Comparable Sales for 421 S Court Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Multi-Family Home
$185,000
10/06/23
3
2
1,695
0.46
Multi-Family Home
$230,000
06/21/23
5
3
1,939
0.53
Multi-Family Home
$510,000
01/10/24
26
8
6,892
4.77
Multi-Family Home
$1,400,000
07/19/23
5
3
1,521
6.62
Multi-Family Home
$430,000
09/29/23
12
8
2,060

What Locals Say about Gaylord

  • Karanree12
    "We have a dog park that is right in town. There are many people who walk their dogs around the town. "
    3
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  • Mariah_klein
    "It has a dog park that I really enjoy but I heard rumors about the town getting rid of it. That would be a down fall to me. "
    1
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  • Amanda B.
    "It’s quiet but people are super friendly. There are plenty of good resources for all ages. It’s the type of community you can raise a family and retire in. I love being 5 minutes from several lake options too!"
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  • AK
    "There’s a lot of festivals throughout the year that brings the community together in a “small town” feel to it. Most events don’t even need to be formerly advertised due to the closeness of the community too. "
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  • Kyminabinet
    "It is a lovely place to live with a lot of options for healthy, social indoor and outdoor options for exercise and fun fo families and their children and animals. "
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  • LucyN
    "I live on the outskirts of town and have a 5 minute commute to work. You can get just about anywhere in town in about 10 minutes or less."
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  • Kathleen D. P.
    "Bonfires fishing kayaking tubing hunting hiking just beachin it!! Snowmobiling ice fishing!!! Neighbor hood barbecues and Euler night"
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  • Jmarshalll
    "I live here for 33 years. it's one of the safest places in town. love this place! our animals and children are safe here. "
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  • Gemmy23
    "We live in a rural area with that up north feel. Lots of woods and it’s peaceful here for the most part."
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  • Ashley J. S.
    "It’s wrapped around a golf course, and people ride their UTVs everywhere. It’s like a community ritual in a way."
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LGBTQ Local Legal Protections

Gordon E Hoyem, The TEAM Real Estate Group
The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than Zillow, Inc are marked with the WWLX logo and the detailed information about said listing includes the listing office.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Water Wonderland MLS, Inc © All rights reserved.
WWLX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2024-01-24 14:59:37 PST
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
421 S Court Ave, Gaylord, MI 49735 is a 7 bedroom, 3 bathroom, 2,400 sqft multi-family. This property is currently available for sale and was listed by WWMLS on Dec 27, 2023. The MLS # for this home is MLS# 201827604.