Listing provided courtesy of Five Star Real Estate- MLS# 26021998MLS Provider

229 Union StreetLawton, MI 49065

Multi-Family · 0.59 Acres
$205,000 Active

229 Union Street Overview

Time on Site:
47 days
Visits:
1

Strong income potential meets smart updates in this well-maintained duplex located in the heart of downtown Lawton. This 2-unit property features split utilities, a newer roof (2023), and two updated water heaters (2024 & 2026), giving you confidence that the big-ticket items are already handled. Unit A also includes in-unit laundry. Situated on a spacious 0.55-acre lot, the property offers a garage on one side and covered parking on the other--rare features that boost rental appeal. One unit is currently leased, while the second is vacant, allowing for immediate occupancy or the opportunity to rent at current market rates. Previously generating $2,225/month in rental income, this is a great option for investors looking to expand their portfolio or owner-occupants wanting to offset their mortgage. A clean, low-maintenance property with solid updates already in place! Rental history and lease documentation available upon request.

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229 Union Street Facts & Features

  • Type Multi-Family
  • Lot 0.59 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1925

Location/Region

  • County Or Parish: Van Buren

Rent/Lease Information

  • Tenant Pays: Electric,Gas

Tax Information

  • Tax Annual Amount: 5191.0

General Information

  • Parcel Number: 80-45-650-021-00
  • Property Sub Type: 2 to 4 Units
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Laundry Features: Lower Level

Exterior

Parking Information

  • Parking Features: Unpaved

Lot Information

  • Lot Size Acres: 0.59
  • Lot Size Area: 0.59
  • Lot Size Dimensions: 90 X 200 X 125 X 200
  • Lot Size Square Feet: 25867.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Vinyl Siding

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected,Electricity Connected

229 Union Street Neighborhood

Community

49065 (LAWTON) Demographics

41
Median Age
139
Population Density (per sq. mile)
32%
College Educated
$61,694
Estimated Median Income
2,202
Estimated Total Home Owners
426
Estimated Total Renters
84% / 16%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

229 Union Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

229 Union Street Market Data

Based on the last 30 days in this zip code

$343,714
Average List Price
$191
Average Price per Square Foot
3
Properties Sold
48
Average Days on Market
35
Properties for Sale
Calculations provided by Reliance Network