tomo logo

$399,000

Beds
5
Baths
2.5
sq ft
3,951

8100 Jericho Rd, Bridgman, MI 49106

8100 Jericho Rd

Bridgman, MI 49106

  • 17 days on market
The Historic Jericho General Store built in 1920 is now available and sold as a furnished, two unit short term or long term rental, or use it as your own home with a separate unit to rent or maintain as an in-law suite! The square footage of the entire building is over 3500 square feet with a large 2+ space garage! You rarely find this kind of space all on one level with a full, unfinished basement. The building sits on a plush lot with a tree-covered backyard. In the larger front unit are three bedrooms, two bathrooms, three living room areas (or you can separate one area into a studio space with its own entrance), pass-thru kitchen, stackable washer/dryer, free-standing shower and more! The front unit is heated and cooled by two splitter units and also has baseboard heating in each room. The smaller, back unit has one large bedroom and one smaller bedroom, one bathroom, a large living room, kitchen and laundry room. The back unit has central heat and air conditioning. All of this amazing amount of space located under one roof with very little sound that carries from one unit to another. As the current owner, I offer both units as short term rentals with substantial rental income in the desirable Bridgman and Lake Township area with close access to the many beaches on Lake Michigan, the wineries in the countryside between Bridgman and Baroda, as well as the plethora of restaurants, breweries, galleries, antique shopping and more in Bridgman, Stevensville, Three Oaks, Sawyer, New Buffalo, St. Joseph, Lakeside, Union Pier and others! One of a kind opportunity to invest in a large, historic building in a great opportunity to invest in a large, historic building in a great location!

Details

Property type

Single Family Residence

Est. home value

$220,949

Lot size

0.53 acres

Price per sq ft

$101

Year built

1920

Price History

11/04/2024
Realcomp

Realcomp #20240083188

Listed
$399,000
+141.82%
01/15/2021
Realcomp

Realcomp #69020041370

Sold
$165,000
+135.71%
11/19/2014
Realcomp

Realcomp #69014049176

Sold
$70,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Bridgman

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

Edgewater Bank

Loan start date

January 2021

Original loan amount

$132,000

Est. remaining balance

Not provided

Interest rate

3.51%

Loan type

New Conventional, 30 year

Seller

Brian M Mattson

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?

Similar Homes Nearby

Realcomp
$422,000
5 bd
|
2.5 ba
|
1,703 sq ft
|
House

475 W Trillium Cir, Saint Joseph, MI 49085

Price drop
Realcomp
$393,000
3 bd
|
2 ba
|
2,457 sq ft
|
House

3393 Niles Rd, Saint Joseph, MI 49085

Price drop
Realcomp
$349,900
4 bd
|
2.5 ba
|
2,356 sq ft
|
House

884 Oakridge Dr, Saint Joseph, MI 49085

Status: Active

Tomo last checked: 11/22/2024 at 9:50 AM

Listing updated: 11/11/2024 at 9:55 AM

Listed by: Maynard Neal, NERG Real Estate Experts Phone #: (586) 983-8686

MLS: Realcomp #20240083188

Realcomp logo

Recently listed in Bridgman

$198,500|3 bd|2.0 ba|Manufactured
$425,000|4 bd|2.5 ba|House
$985,000|4 bd|2.5 ba|House
$209,900|4 bd|2.0 ba|House
$399,000|5 bd|2.5 ba|House
$365,000|3 bd|2.0 ba|House
$399,000|3 bd|2.0 ba|House
$214,900|4 bd|2.0 ba|House