15 days on rocket

Sale Pending

602 Townsend, Midland, MI, 48640

$395,000

Home List Price

$4,691*

Closing Credit

7 Full Baths
4,430 SqFt
$89/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

602 Townsend, Midland$395,000

Buyer Closing Credits

$4,691*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingAssigned Spaces
Year Built1913
HeatingNatural Gas, Separate Meters, Steam
BasementYes
MLS #61050141846
Lot Size0.21 Acres
StatusSale Pending
(Pending)

About 602 Townsend

THINK BIG ON TOWNSEND! Looking to invest in a multi-family property? This unique 7 unit apartment complex is ready for new ownership. Get ready for the gross rent income of $5,647 per month when fully rented. Featuring more than 4,000 square feet across one bedroom, two bedroom and studio units, this property offers immense potential. Currently 5 out of 7 units are filled. Tenant is responsible for electric and heat. Owner manages lawn care & snow removal. This 77 x 120 lot make the maintenance simple. Call today for more information!

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Stories: 2
  • Living Area: 4,430 SqFt

Listing Office:

  • Office Name: Modern Realty
  • Office Phone: (989) 486-9770
  • Listing Agent: Logan Richetti

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 7

Exterior Features

Parking Information:

  • Parking: Assigned Spaces

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Separate Meters, Steam

School Info

Assigned Schools Information:

  • Midland High School, Public Magnet Grades 9-12
  • Northeast Middle School, Public Magnet Grades 6-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000
  • Price Per SqFt: $89/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Midland, MI.

Map thumbnail provided by MapBox

Midland, MI

City

Med. Sold Price

$232.6K

Med. Price/SqFt

$146

Avg. Days On Market

42

# of Sold Homes

25

602 Townsend vs Midland

15 DAYS ON ROCKET

-27 Days

$395,000

+$162.3K More

$89/SqFt

-$57 Less

KEY TAKEAWAY

This property is $162.3K more than the Median Sold Price and $57/SqFt less than other homes in Midland, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Saginaw Board of REALTORS®
  • MLS Number: #61050141846

Listing Office:

  • Office Name: Modern Realty
  • Office Phone: (989) 486-9770
  • Listing Agent: Logan Richetti

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 5:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,039

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

Powered By

Rocket Mortgage

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-4213894
8
/10

  • Northeast Middle School

  • 1305 E Sugnet Rd

  • 1.86 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4213895
7
/10

  • Midland High School

  • 1301 Eastlawn Dr

  • 1.32 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,273. The majority of Midland, MI residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Midland County›Midland›48640›602 Townsend

This home is located at 602 Townsend in Midland, MI and zip code 48640. This 4,430 square foot home, which was built in 1913, sits on a 0.21 acre lot. Features: 7 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $395,000.

In April 2024, from all listings sold in Midland, MI there were more than 11 sold above asking price, over 11 sold below and more than 3 were sold right at the asked price. Between March 2024 and April 2024, Midland, MI real estate market has seen increase in the number of listings by 25.4%. In April 2024 median list price was $232,625 and the average listing age was 42 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources