This 2-acre property in the Shepherd School District houses a diverse mix of residences, offering both traditional and manufactured living spaces with considerable income potential. Here’s a brief overview: 1. Single-Wide Manufactured Homes: - A 3-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit. The smaller unit is currently rented. 2. Double-Wide Manufactured Home: - A larger 3-bedroom, 2-bath home set on a foundation. This unit is also currently rented. 3. Traditional-Built Home: - A 3-bedroom, 1-bath house on a crawl space. This unit is vacant. With two of the homes currently rented and two vacant, there's immediate income and potential for more through renovation and leasing. Though work is needed on the homes, the investment opportunity is ripe, promising both rental income and the possibility of value appreciation in a nice location. Close to Mt. Pleasant and Shepherd. Buyer/Buyer's Agent to verify all measurements/data
Multi-familyProperty Type
1974Year Built
2 acresLot Size
$188Est. Price/Sq.Ft.
Listed by Robin Stressman• PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
•989-317-8352 (broker)
•robin@mtpleasant.net (broker)
Bought with Linda Clouse• Keller Williams of NM Signature Group
This 2-acre property in the Shepherd School District houses a diverse mix of residences, offering both traditional and manufactured living spaces with considerable income potential. Here’s a brief overview: 1. Single-Wide Manufactured Homes: - A 3-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit. The smaller unit is currently rented. 2. Double-Wide Manufactured Home: - A larger 3-bedroom, 2-bath home set on a foundation. This unit is also currently rented. 3. Traditional-Built Home: - A 3-bedroom, 1-bath house on a crawl space. This unit is vacant. With two of the homes currently rented and two vacant, there's immediate income and potential for more through renovation and leasing. Though work is needed on the homes, the investment opportunity is ripe, promising both rental income and the possibility of value appreciation in a nice location. Close to Mt. Pleasant and Shepherd. Buyer/Buyer's Agent to verify all measurements/data
REALCOMP #79080016406
Aug 16, 2024
Sold
$125,000
$124/sq ft
Apr 11, 2024
Listed
$200,000
$198/sq ft
This 2-acre property in the Shepherd School District houses a diverse mix of residences, offering both traditional and manufactured living spaces with considerable income potential. Here’s a brief overview: 1. Single-Wide Manufactured Homes: - A 3-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit. The smaller unit is currently rented. 2. Double-Wide Manufactured Home: - A larger 3-bedroom, 2-bath home set on a foundation. This unit is also currently rented. 3. Traditional-Built Home: - A 3-bedroom, 1-bath house on a crawl space. This unit is vacant. With two of the homes currently rented and two vacant, there's immediate income and potential for more through renovation and leasing. Though work is needed on the homes, the investment opportunity is ripe, promising both rental income and the possibility of value appreciation in a nice location. Close to Mt. Pleasant and Shepherd. Buyer/Buyer's Agent to verify all measurements/data
Year
Property tax
Land + Additions
Assessment*
2023
$403 (−72.7%)
2021
$1,479 (+1.3%)
2020
$1,460 (+2.7%)
2019
$1,422 (+2.2%)
2018
$1,392 (+11.2%)
2017
$1,252 (−1.8%)
2016
$1,275 (+2.3%)
2015
$1,247 (+3.7%)
2013
$1,202
Tax history for 3780 E Millbrook
Year
Property tax
Land + Additions
Assessment*
2023
$403 (−72.7%)
2021
$1,479 (+1.3%)
2020
$1,460 (+2.7%)
2019
$1,422 (+2.2%)
2018
$1,392 (+11.2%)
2017
$1,252 (−1.8%)
2016
$1,275 (+2.3%)
2015
$1,247 (+3.7%)
2013
$1,202
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.