15 days on rocket

463 W State St, Cheboygan, MI, 49721

$134,900

Home List Price

$1,602*

Closing Credit

0 Baths
1,254 SqFt
$108/SqFt
Multi

Location

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463 W State St, Cheboygan$134,900

Buyer Closing Credits

$1,602*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
HeatingBaseboard, Hot Water, Natural Gas
CoolingNone
MLS #201832732
StatusActive

About 463 W State St

Here's your chance to own a prime investment property in the heart of downtown Cheboygan. This property features three one-bedroom units, offering excellent rental potential. While some updates are needed, the current owner has had no trouble keeping the units rented, highlighting strong demand in the area. The property has a new furnace and an updated electric panel, adding to its appeal. Located just a short walk from Main Street, this property offers easy access to local shops and dining. Enjoy the beautiful Cheboygan River, City Beach, and the popular bike/snowmobile trail, all just steps away. With its ideal location and potential for upgrades, this property is a great investment opportunity in a sought-after area.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Living Area: 1,254 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices-Cheboygan
  • Office Email: billyjewell@bhhsmi.com
  • Listing Agent: Billy Jewell

Interior Features

Interior Information:

  • Appliances: Gas Range, Gas Oven, Refrigerator

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Main Street, head west on State St, corner of State and Dresser St on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $134,900
  • Price Per SqFt: $108/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

$229K

Med. Price/SqFt

$143

Avg. Days On Market

150

# of Sold Homes

18

463 W State St vs Cheboygan

15 DAYS ON ROCKET

-135 Days

$134,900

-$94.1K Less

$108/SqFt

-$36 Less

KEY TAKEAWAY

This property is $94.1K less than the Median Sold Price and $36/SqFt less than other homes in Cheboygan, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #201832732

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices-Cheboygan
  • Office Email: billyjewell@bhhsmi.com
  • Listing Agent: Billy Jewell

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: 12/18/2024, 1:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 28, 2017Home Sold
$12,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $13,100
2020 - $13,300
2019 - $12,300
2018 - $12,700
2017 - $24,500

History based on county public records data.

Payment Calculator

$741

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$471

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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-4307016
6
/10

  • Cheboygan Intermediate School

  • 905 W Lincoln Ave

  • 1.45 miles

  • Public District Grades 3-5

school-card-donut-4307017
8
/10

  • Pellston Elementary School

  • 114 Zipf St

  • 15.94 miles

  • Public District Grades PK-5

school-card-donut-4307018
3
/10

  • Inland Lakes Elementary School

  • 4363 S Straits Hwy

  • 18.63 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. Residents of Cheboygan, MI typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Cheboygan County›Cheboygan›49721›463 W State St

This home is located at 463 W State St in Cheboygan, MI and zip code 49721. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $134,900.

Over 3 listings were sold over their listed price in November 2024 in Cheboygan, MI. In the same period over 13 listings were sold below the listed price and 2 listings were sold for the listed price. Listings spent 150 days on the market in November 2024, and had a median list price of $229,000 during the same period.

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

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