About This Home
This 4-bedroom, 2-bathroom single family at 807 Colburn Avenue in Big Rapids, MI is listed for $249,900 ($123 per sqft). Built in 1930, the home offers 2,028 sqft of living space on a 0.53 acres lot.
Key Features
- Built in 1930
- 0.53 acre lot
Property Details
MAJOR INVESTMENT OPPORTUNITY! Situated on a highly visible corner and spanning two parcels, this C-3 zoned property offers multiple possibilities for rental income, business use, or future development. The property currently features two separate rental homes plus a detached garage.
The first home is a fully renovated, move-in-ready 2-bedroom, 1-bathroom residence featuring an open kitchen and living area - and it is currently vacant, allowing the new owner to select their own tenant or explore other uses. The second 2-bedroom, 1-bathroom home is occupied by a long-standing tenant, providing immediate rental income.
The garage creates even more potential and could possibly be rented separately, used for storage, or utilized for business purposes. Whether you're looking to expand your investment portfolio or take advantage of the flexible C-3 zoning, this unique property is packed with opportunity!
Monthly Cost Estimate
$1,337/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
807 Colburn Avenue
Big Rapids, MI 49307
Property Details
Flooring
Construction
Outdoor Features
Parking
Heating
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom single family at 807 Colburn Avenue is listed at $249,900 ($123/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1930, 0.53 acre lot.
This property is listed by Kati Ross and can be reached at 6163022573.
