$225,000
70550 Main Street
Richmond, MI 48062
MLS# 26012811
5 beds  |  4 baths  |  2088 sqft


Front
  1 / 10  
Front Driveway Garage 2 Garage Left Side Parking Side Door Side Back Deck Common Area - Main floor

Property Description
Exciting Investment Opportunity! This unique property features four units, including a spacious main floor unit, two upper units, and a unit above the two-car garage. With ample parking space and located right on Main Street, this property is in a prime rental area close to downtown and shopping. Don't miss out on this fantastic opportunity!

Details
Maps
Location & Property Info
Cross Streets: Main St and Pound Rd
Property Sub-Type: Single Family Residence
Municipality: City of Richmond
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 107.76
Ownership Type: Private Owned
General Property Info
New Construction: No
Lot Dimensions: 60x162
Road Frontage: 60
Garage Y/N: Yes
Garage Spaces: 2
Fireplace: No
Waterfront: No
Income Property: Yes
Basement: No
Total Rooms AG: 16
Total Fin SqFt All Levels: 2088
SqFt Above Grade: 2088
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 0
Building Total SqFt: 2088
Total Beds Above Grade: 5
Main Level Primary: Yes
Stories: 2
School District: Richmond
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.22
Lot Square Footage: 9583
Year Built: 1900
Total Bedrooms: 5
Full Baths: 4
Total Baths: 4
Tax Info
Taxable Value: 114650
SEV: 123800
For Tax Year: 2025
Seller's Annual Property Tax: 7393
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: 0
Tax ID #: 50-07-03-35-276-002
Remarks & Misc
Public Remarks: Exciting Investment Opportunity! This unique property features four units, including a spacious main floor unit, two upper units, and a unit above the two-car garage. With ample parking space and located right on Main Street, this property is in a prime rental area close to downtown and shopping. Don't miss out on this fantastic opportunity!
Legal: ASSESSORS PLAT NO 1 S 60 FT OF LOT 1 CITY OF RICHMOND
Sewer
Private Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
Common Area: 1
Exterior Material
Vinyl Siding: 1
Parking Features
Converted Garage: 1
Heat Source
Electric: 1
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Wall Furnace: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 3
Upper Full Baths: 3
Upper Level Square Feet: 1200
Total Baths Above Grade: 4
Main Rooms
Main Bedrooms: 2
Main Full Baths: 1
Main Level SQFT: 800
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Substructure
Slab: 1
Architectural Style
Colonial: 1
Possession
See Remarks: 1
Location Property Info
County: Macomb
Street #: 70550
Street Name: Main
Suffix: Street
State: MI
Zip Code: 48062
Zip (4): 5739
OfficeContract Info
Status: Active
List Price: $225,000
Current Price: $225,000
Listing Date: 2026-03-31
Property Features
Laundry Features: Common Area
Exterior Material: Vinyl Siding
Substructure: Slab
Sewer: Private Sewer
Water: Public
Heat Source: Electric; Natural Gas
Heat Type: Baseboard; Wall Furnace
Parking Features: Converted Garage
Architectural Style: Colonial
Terms Available: Cash; Conventional
Possession: See Remarks
Sale Conditions: None

IDX
Listing Office: Vantage Realty Group, LLC
Listing Agent: Bradley Thomson

Last Updated: April - 01 - 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.