4 months on rocket

55 E 4th St, Shelby, MI, 49455

$140,000

Home List Price

$1,663*

Closing Credit

0 Baths
Multi

Location

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55 E 4th St, Shelby$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
HeatingBaseboard, Electric
BasementYes
MLS #67024039783
Lot Size0.19 Acres
StatusActive

About 55 E 4th St

Cash Flow Investment. Monthly Rental Income pf $3,250 less monthly utility bills of $800 = $2,450 of monthly revenue. After annual taxes and insurance there will be plenty of free cash flow! Square footage is estimated from the public records.

Property Details

Property Features

Listing Office:

  • Office Name: Wickstra Realty, Inc.
  • Office Phone: (231) 861-2103
  • Listing Agent: Tim Horton

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric

Other

Directions Information:

  • Directions: Oceana Drive to 4th Street West to building just West of the Rail Trail.

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
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Housing Market Comparison

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

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Shelby, MI

City

Med. Sold Price

$216.2K

Med. Price/SqFt

$154

Avg. Days On Market

49

# of Sold Homes

3

55 E 4th St vs Shelby

142 DAYS ON ROCKET

+93 Days

$140,000

-$76.2K Less

KEY TAKEAWAY

This property is $76.2K less than the Median Sold Price in Shelby, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Mason Oceana Manistee Board of REALTORS
  • MLS Number: #67024039783

Listing Office:

  • Office Name: Wickstra Realty, Inc.
  • Office Phone: (231) 861-2103
  • Listing Agent: Tim Horton

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: 12/22/2024, 6:21:09 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

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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-898877
2
/10

  • Thomas Read Elementary School

  • 155 E 6th St

  • 0.29 miles

  • Public District Grades KG-3

school-card-donut-898878
4
/10

  • New Era Elementary School

  • 2752 Hillcrest Dr

  • 3.71 miles

  • Public District Grades 4-5

school-card-donut-898879
4
/10

  • Spitler Elementary School

  • 302 Johnson St W

  • 5.94 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,063. Residents of Shelby, MI typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Oceana County›Shelby›49455›55 E 4th St

This home is located at 55 E 4th St in Shelby, MI and zip code 49455. This home sits on a 0.19 acre lot. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $140,000.

While more than 1 listings in Shelby, MI in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below. In November 2024 in Shelby, MI there were 23.8% more homes for sale than in October 2024. In November 2024 median list price was $216,250 and the average listing age was 49 days.

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

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