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$169,900

Beds
4
Baths
1.0
sq ft
2,123

246 Mill St, Big Rapids, MI 49307

246 Mill St

Big Rapids, MI 49307

  • 9 days on market
Grandfathered rental property currently housing Ferris students through August 2025. Tenants have expressed interest in extension for new owner. 4 Bedrooms, 1 main level bath, basement laundry, newer Dishwasher. All appliances stay. One Year Lease is rent plus utilities, owner pays trash and taxes. Close to campus, downtown and highways. Low maintenance exterior, rear parking from driveway. Deep lot. Current owner is Michigan licensee. Have lawn contractor available to new owner. Positive cashflow property. Great student rental!

Details

Property type

Single Family Residence

Est. home value

$159,041

Lot size

8,712 sq ft

Price per sq ft

$81

Year built

1890

Annual property taxes

$3,334

Price History

02/28/2025
Realcomp

Realcomp #20250013140

Listed
$169,900
+35.92%
09/10/2021
Realcomp

Realcomp #72021096724

Sold
$125,000
+38.89%
05/29/2014
Realcomp

Realcomp #72014024757

Sold
$90,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Big Rapids

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

Old National Bank

Loan start date

September 2021

Original loan amount

$100,000

Est. remaining balance

$92,150

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Carolie A Mincy

Lender

Old National Bank

Loan start date

September 2021

Original loan amount

$100,000

Est. remaining balance

$92,150

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Carole A Mincy

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?

Status: Active

Tomo last checked: 03/10/2025 at 11:10 AM

Listing updated: 03/01/2025 at 6:04 AM

Listed by: Craig A Mincy, Craig A Mincy, Your Michigan RealtyYour Michigan Realty Phone #: (517) 404-1212

MLS: Realcomp #20250013140

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