Dryden MI Multi Family for Sale
$350,000
5550 MAIN Dryden, MI 48428
- Type:
- Multi-Family
- Sq.Ft.:
- 3,251
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1850
- Baths:
- 4.00
- MLS#:
- 60349893
- Subdivision:
- VILLAGE OF DRYDEN
ADDITIONAL INFORMATION
Welcome to 5550 Main Street, one of Dryden's longest standing and tallest structures. Built in 1850 for the Lamb family, one of the founding families of Dryden, and its first village supervisor. This impressive property has a large custom designed heavily detailed first and second floor foyer with 11 foot ceilings in the entrance showcasing the ornate woodwork. With very little to no inventory for rentals, the demand continues to remain strong. This property has been easily rented. Units #2 and #4 are one bedroom units, unit #3 is a two bedroom unit, and unit #1 is currently being used as a two bedroom unit. There have been many updates made over the years, the newest include a new roof (December 2023), 2 refrigerators (2023), 2 hot water heaters (2022 & 2023), front porch work (2023), new doors (apartments 3 & 4 2023), new heater (apartment 4 2023) and cement work on side and rear porches (2022). Seller is currently having the exterior painted. Apartment 1 has new flooring, doors, window, and has been freshly painted. Apartment 3 has been completely updated. Rents are as follows: Apartment 1: $850.00 Apartment 2: $700.00 Apartment 3: $795.00 Apartment 4: $750.00. All tenants are on a month to month lease. Please note SATURDAY SHOWINGS ONLY.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Dryden Real Estate
The median home value in Dryden, MI is $320,900. This is higher than the county median home value of $246,100. The national median home value is $338,100. The average price of homes sold in Dryden, MI is $320,900. Approximately 75.17% of Dryden homes are owned, compared to 21.58% rented, while 3.25% are vacant. Dryden 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 Dryden real estate agent to arrange a tour today!
Dryden, Michigan 48428 has a population of 1,236. Dryden 48428 is more family-centric than the surrounding county with 28.17% of the households containing married families with children. The county average for households married with children is 27.63%.
The median household income in Dryden, Michigan 48428 is $66,422. The median household income for the surrounding county is $69,194 compared to the national median of $69,021. The median age of people living in Dryden 48428 is 37.4 years.
Dryden Weather
The average high temperature in July is 81.8 degrees, with an average low temperature in January of 14.5 degrees. The average rainfall is approximately 33.3 inches per year, with 35.1 inches of snow per year.