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$174,900

Beds
4
Baths
3.0
sq ft
1,512

116 Clair St, Mount Clemens, MI 48043

116 Clair St

Mt. Clemens, MI 48043

  • 22 days on market
Attention Homeowners and Investors! Nestled in the heart of charming Mt. Clemens, this property is a true hidden treasure waiting to be discovered. Originally designed as a duplex, it has since been expertly converted into a spacious single-family home, offering flexibility and endless possibilities for both homeowners and investors alike. As you step inside, you'll immediately notice the seamless fusion of modern updates and timeless charm that defines this residence. The main level welcomes you with generously proportioned rooms, thoughtfully designed to cater to every aspect of comfortable living. Whether you're hosting lively gatherings or seeking moments of tranquility, this home effortlessly accommodates your lifestyle needs. Large windows throughout the house invite abundant natural light, creating an airy and inviting ambiance that permeates every corner. For savvy investors looking to expand their portfolio, the basement is a game-changing asset. Waterproofed and meticulously prepped for conversion into a lucrative rental unit, it stands as a testament to the property's income potential. With a touch of creativity and strategic planning, you can transform this space into a valuable source of passive income, adding significant value to your investment portfolio. Imagine the possibilities that await you after a day of exploring nearby beaches and engaging in recreational activities. Picture yourself unwinding on the expansive deck, where breathtaking views and serene surroundings become your daily backdrop. As the sun sets, gather with loved ones around the inviting fire pit in the backyard, where stories are shared, laughter fills the air, and cherished memories are made. Beyond its impressive features, this property boasts a strategic location that combines convenience with a serene lifestyle. Close proximity to major beaches, recreational facilities, dining establishments, and essential amenities ensures that every aspect of your daily life is within reach.

Details

Property type

Single Family Residence

Est. home value

$187,399

Lot size

0.25 acres

Price per sq ft

$116

Year built

1915

Annual property taxes

$3,114

Price History

09/13/2024
Realcomp

Realcomp #20240034706

Removed
$174,900
09/13/2024
Realcomp

Realcomp #20240068899

Listed
$174,900
09/09/2024
Realcomp

Realcomp #20240034706

Price change
$174,900
-10.26%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Mount Clemens

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Argent Mortgage Company Llc

Loan start date

November 2004

Original loan amount

$175,000

Est. remaining balance

Not provided

Interest rate

9.35%

Loan type

Not Provided, 30 year

Seller

John Smith and Michele Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/05/2024 at 10:05 PM

Listing updated: 09/18/2024 at 12:31 PM

Listed by: Bryan Grider, KW Realty Livingston Phone #: (810) 227-5500

MLS: Realcomp #20240068899

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