8 days on rocket

1023 E Elstner St, Mount Morris, MI, 48458

$174,900

Home List Price

$2,077*

Closing Credit

4 Bedrooms
4 Full Baths
2,174 SqFt
$80/SqFt
Multi

Location

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1023 E Elstner St, Mount Morris$174,900

Buyer Closing Credits

$2,077*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1935
HeatingForced Air, Natural Gas, Separate Meters
MLS #5050162243
Lot Size0.21 Acres
StatusActive

About 1023 E Elstner St

Fully Occupied! This 4-unit income property is now available for you to add to your rental portfolio with a solid return on investment. Each model has been updated within the last 5 to 10 years. Tenants are on 1 or 2 year leases and filling vacancies has been a quick and easy process with the high demand. Each unit has 1 bedroom, 1 bathroom. Units 2 and 3 have laundry hookups. Each unit has its own private fenced in area and is currently a pet friendly rental. Tenants pay their own utilities. Seller prefers a agreed upon and signed purchase agreement with a walk through contingency before any showing requests.

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Living Area: 2,174 SqFt

Listing Office:

  • Office Name: REMAX Right Choice
  • Office Phone: (810) 686-8667
  • Listing Agent: Michael J Davidson

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Separate Meters

Price Information

Listing Price Info

Price Summary:

  • List Price: $174,900
  • Price Per SqFt: $80/SqFt

Tax Information:

  • Annual Amount: $2,155
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Mount Morris, MI.

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Mount Morris, MI

City

Med. Sold Price

$128K

Med. Price/SqFt

$92

Avg. Days On Market

62

# of Sold Homes

17

1023 E Elstner St vs Mount Morris

8 DAYS ON ROCKET

-54 Days

$174,900

+$46.9K More

$80/SqFt

-$13 Less

KEY TAKEAWAY

This property is $46.9K more than the Median Sold Price and $13/SqFt less than other homes in Mount Morris, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Central Association of REALTORS
  • MLS Number: #5050162243

Listing Office:

  • Office Name: REMAX Right Choice
  • Office Phone: (810) 686-8667
  • Listing Agent: Michael J Davidson

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: 12/11/2024, 3:21:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,155$52,600
2019$2,155$38,400
2018$2,127$34,500
2017$2,079$33,400

History based on county public records data.

Payment Calculator

$940

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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.

Nearby Schools

school-card-donut-1699575
2
/10

  • Montague Elementary School

  • 344 W Mount Morris St

  • 0.87 miles

  • Public District Grades 4-5

school-card-donut-1699576
3
/10

  • Dailey Elementary School

  • 6236 Neff Rd

  • 1.26 miles

  • Public District Grades PK-6

school-card-donut-1699577
3
/10

  • Moore Elementary School

  • 1201 Wisner St

  • 1.47 miles

  • Public District Grades 2-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,875. Typical income of Mount Morris, MI residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Genesee County›Mount Morris›48458›1023 E Elstner St

This home is located at 1023 E Elstner St in Mount Morris, MI and zip code 48458. This 2,174 square foot home, which was built in 1935, sits on a 0.21 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $174,900.

In November 2024, from all listings sold in Mount Morris, MI there were more than 3 sold above asking price, over 8 sold below and more than 6 were sold right at the asked price. The number of homes for sale in Mount Morris, MI increased by 39.1% between October 2024 and November 2024. While the average time on the market in November 2024 was 62 days, the median list price was $128,000.

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

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