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Backup Offers

225 Backus St, Cheboygan, MI, 49721

$189,000

Home List Price

$2,244*

Closing Credit

0 Baths
2,531 SqFt
$75/SqFt
Multi

Location

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225 Backus St, Cheboygan$189,000

Buyer Closing Credits

$2,244*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
HeatingHot Water, Natural Gas
CoolingNone
FireplaceNone
MLS #201831259
StatusAccepting Backup Offers
(Active w/Contingencies)

About 225 Backus St

Looking for an investment property? This 4 plex could be just the ticket. Property is located in the heart of downtown and walking distance to restaurants, the opera house, movie theater and all that Cheboygan has to offer. 3 units are 2 bedrooms 1 bath with a full kitchen and living room. The 4th is a 1 bedroom, 1 bath with living room and kitchen. 3 of the 4 are currently rented with long term tenants. The front apartment features two levels and is ready for you to make it your own.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Living Area: 2,531 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER SCHMIDT CHEBOYGAN
  • Office Phone: (231) 627-9959
  • Listing Agent: Missy Koszegi

Interior Features

Interior Information:

  • Appliances: Dryer, Gas Range, Gas Oven, Refrigerator, Washer
  • Flooring Type: Hardwood, Vinyl
  • Interior: Cable, Ceiling Fans, Hardwood Floors, Vinyl Floors
  • Fireplace: None

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: N Main Street, Left on Backus to property on Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,000
  • Price Per SqFt: $75/SqFt
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Housing Market Comparison

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

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Cheboygan, MI

City

Med. Sold Price

$220K

Med. Price/SqFt

$137

Avg. Days On Market

26

# of Sold Homes

16

225 Backus St vs Cheboygan

88 DAYS ON ROCKET

+62 Days

$189,000

-$31K Less

$75/SqFt

-$63 Less

KEY TAKEAWAY

This property is $31K less than the Median Sold Price and $63/SqFt less than other homes in Cheboygan, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #201831259

Listing Office:

  • Office Name: COLDWELL BANKER SCHMIDT CHEBOYGAN
  • Office Phone: (231) 627-9959
  • Listing Agent: Missy Koszegi

IDX © 2024 Water Wonderland MLS, Inc © All rights reserved. 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 this broker are marked with the WWLX logo and the detailed information about said listing includes the listing office.The listings displayed come from various Water Wonderland Board of REALTORS® member offices who have chosen to participate in WWBR. The information being provided is 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. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or Water Wonderland Board of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 9:20:50 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 - $37,200
2020 - $37,200
2019 - $35,200
2018 - $32,200
2017 - $32,000

History based on county public records data.

Payment Calculator

$1,011

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$633

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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-7246
6
/10

  • Cheboygan Intermediate School

  • 905 W Lincoln Ave

  • 1.38 miles

  • Public District Grades 3-5

school-card-donut-7247
8
/10

  • Pellston Elementary School

  • 114 Zipf St

  • 15.92 miles

  • Public District Grades PK-5

school-card-donut-7248
3
/10

  • Inland Lakes Elementary School

  • 4363 S Straits Hwy

  • 18.53 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,557. Most Cheboygan, MI residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Cheboygan County›Cheboygan›49721›225 Backus St

This home is located at 225 Backus St in Cheboygan, MI and zip code 49721. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $189,000.

While more than 4 listings in Cheboygan, MI in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 11 were sold below. The number of listings in Cheboygan, MI decreased by 1.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $220,000, while the average time on the real estate market was 26 days.

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

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