Cement City MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
5 Acres
Year built:
1950
Baths:
MLS#:
70413197

ADDITIONAL INFORMATION

**Seller will consider Land Contract terms** This property features 3 buildings with 14 motel rooms and a versatile apartment for a 15th room or Air BnB. Recent renovations and a new business model boosted average daily rates by 20% in May and 34% in June. The ranch home offers 2 beds, 1 bath, and an attached garage- perfect for a long term tenant/ STR or an owner-operator. Located a stone's throw from Lake Somerset, three other lakes within 2 miles (as well as the other 52 Lakes in the Irish Hills area), hotspot for visitors attending events at the Michigan International Speedway, Faster Horses Festival, various wedding and event venues, wineries, a charming cider mill, local parks, and renowned hunting spots. Ideal for investors seeking growth in a prime recreational area.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


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Cement City Real Estate

The median home value in Cement City, MI is $211,100. This is higher than the county median home value of $200,800. The national median home value is $338,100. The average price of homes sold in Cement City, MI is $211,100. Approximately 66.67% of Cement City homes are owned, compared to 26.94% rented, while 6.39% are vacant. Cement City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cement City real estate agent to arrange a tour today!

Cement City, Michigan 49233 has a population of 538. Cement City 49233 is less family-centric than the surrounding county with 21.48% of the households containing married families with children. The county average for households married with children is 28.03%.

The median household income in Cement City, Michigan 49233 is $39,107. The median household income for the surrounding county is $60,656 compared to the national median of $69,021. The median age of people living in Cement City 49233 is 40.3 years.

Cement City Weather

The average high temperature in July is 82.4 degrees, with an average low temperature in January of 15.4 degrees. The average rainfall is approximately 35.1 inches per year, with 39.3 inches of snow per year.

Cement City Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    15
    30-day change

Cement City Schools and Demographics

Education near Cement City, MI

Metric City County
High School Graduates 78.63 91.46
College Degree - 2 year 5.81 9.57
College Degree - 4 year 6.07 21.85
Graduate Degree 2.11 6.42
Expenditures per Student 12,291 12,291
Students per Teacher 16.3 16.3

Elementary Schools near Cement City, MI

School Grades Students P/T Ratio ZIP
Addison Elementary School KG - 05 400 16.1 49220
Columbia Elementary School PK - 05 473 19.4 49230

Middle Schools near Cement City, MI

School Grades Students P/T Ratio ZIP
Addison Middle School 06 - 08 181 16.6 49220
Columbia Middle School 05 - 08 374 16.5 49230
Hanover-Horton Middle School 06 - 08 275 17.7 49246

High Schools near Cement City, MI

School Grades Students P/T Ratio ZIP
Addison High School 09 - 12 270 20 49220
Columbia Central High School 09 - 12 463 22.2 49230
Hanover-Horton High School 09 - 12 394 20 49246
Hanover-Horton Virtual School 08 - 12 19 111.8 49246

Ungraded Schools near Cement City, MI

School Grades Students P/T Ratio ZIP
Columbia Alternative Education 06 - 12 80 19.9 49234

Demographics near Cement City, MI 49233

Metric Zip Code City
Neighborhood Type Small town
Population 538 99,346
Population Density 604 133
Median Age 40.3 41.8
People per Household 2.6 2.4
Median Household Income 39,107 60,656
Average Income per Capita 20,604 29,958