$325,000
Lawton, MI 49065
MLS# 22005886
Status: Sold

1 / 71
Property Description
ATTENTION INVESTORS. Great income producing opportunity in Lawton. Long term tenants with month to month leases in place. 3 Buildings house 5 rental units. Original Victorian home has been split into two generously sized 2 story units; one measures 1062 sq. ft. with 2 BR 1 BA, the other is 1705 sq. ft. with 2 BR 2 BA. There is a full basement, each tenant has their own private storage space. The second Bldg. is a two story 3 BR 1 1/2 BA 1176 sq. ft. home and the 3rd Bldg. is a duplex each with 2 BR and 1 BA one has 744, sq. ft. and the other 864 sq. ft. Located on a quiet corner lot, SOLID RENTAL HISTORY. Buildings have been lovingly maintained by owner.
Details
Maps
Documents
Location Property Info
County: Van Buren
Street #: 303
Street Name: Washington
Suffix: Street
State: MI
Zip Code: 49065
Zip (4): 9553
OfficeContract Info
Status: Sold
Current Price: $325,000
List Price: $349,900
Listing Date: 2022-02-25
General Property Info
Lot Measurement: Acres
Lot Square Footage: 17424
Lot Acres: 0.4
Lot Dimensions: 132x134
Year Built: 1940
New Construction: No
Road Frontage: 264
Total # Units: 5
# of Diff Unit Floor Plans: 5
Total # Bldgs: 3
Total Parking Spaces: 10
Waterfront: No
School District: Lawton
Tax Info
Tax ID #: 80-45-100-080-00
Taxable Value: 97100
SEV: 97100
For Tax Year: 2021
Seller's Annual Property Tax: 6624.95
Tax Year: 2021
Spec Assessment & Ty: Coldbrook/GatesDrain
Remarks Misc
Directions: From M-40 Downtown Lawton go East on E. 4th Street, turn right on S. Franklin. Home is on corner of S. Franklin and Washington St.
Status Change Info
Under Contract Date: 2022-04-02
Sold Date: 2022-07-01
Sold Price: $325,000
Access Feat
Accessibility Features: No
Unit 1
Unit Description: 303 Apt 2
SqFt: 1062
Occupied: No
Monthly Rent: 600
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 303 Apt 3
SqFt: 1705
Occupied: No
Monthly Rent: 850
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 303 Apt 1
SqFt: 1176
Occupied: Yes
Monthly Rent: 850
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Unit 4
Unit Description: 305 Apt 1
SqFt: 744
Monthly Rent: 650
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 5
Unit Description: 305 Apt 2
SqFt: 864
Occupied: Yes
Monthly Rent: 563.8
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Michigan Basement
Lot Description: Corner Lot
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Gravel
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator; Washer/Dryer
Unit 3: Range/Oven; Refrigerator; Washer/Dryer
Unit 4: Range/Oven; Refrigerator; Washer/Dryer
Unit 5: Range/Oven; Refrigerator; Washer/Dryer
Supplements
Tenant in Unit 303 Apt 2 owns the washer and dryer and they are not included in the sale.
Listing Office: Gale Realty, LLC
Listing Agent: Suzy Glomski
Last Updated: January - 26 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Ortho Photo