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$100,000

Beds
2
Baths
1.5
sq ft
2,032

1203 Varney St, Port Huron, MI 48060

1203 Varney St

Port Huron, MI 48060

  • 913 days on market
    • Price drop $30,000↓
Updates currently taking place with new pictures to come! All plumbing and electrical updated. All new drywall in kitchen, dining and bathroom, plus all new flooring in all the back unit rooms except the dining room. Seller also raised the ceilings to 10'. Perfect business opportunity! Rental income opportunity! Past Tenant in back unit paid $900/month. Excellent corner location! Own and operate your own commercial business in the front of this building and live in the back residential area. Front business area has two larger rooms, a storefront window, a half bath with a deep sink and a potential walk-in fridge. The rooms measure 23' 1" x 30' and 11' 6" x 24' 3". The back residential area consists of 2 BR, 1 full bath, dining room with new flooring, living room, 2 storage closets and a kitchen. There are separate electric meters, and the 2 furnaces were replaced in 2010. Water is all on one meter. Roof was redone in 2016. There is also a small shed in the back by the driveway.

Details

Property type

Single Family Residence

Est. home value

$69,664

Lot size

3,049 sq ft

Price per sq ft

$50

Year built

1940

Annual property taxes

$1,926

Price History

05/24/2022
Realcomp

Realcomp #58050075419

Listed
$100,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Port Huron

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

Jason Moore

Loan start date

May 2020

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

3.33%

Loan type

Not Provided

Seller

William F Schieman Iii and Rebecca A Schieman

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: 11/22/2024 at 11:25 AM

Listing updated: 09/24/2024 at 6:11 PM

Listed by: Jeanne K Frank, Frank Real Estate Phone #: (810) 765-4005

MLS: Realcomp #58050075419

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