5550 MAIN Street Active Save Request In-Person Tour Request Virtual Tour
Dryden Vlg,MI 48428
Key Details
Property Type Multi-Family
Sub Type Quadruplex,Upper/Lower Apartment,Victorian
Listing Status Active
Purchase Type For Sale
Square Footage 3,251 sqft
Price per Sqft $107
Subdivision Village Of Dryden
MLS Listing ID 20240080658
Style Quadruplex,Upper/Lower Apartment,Victorian
Bedrooms 4
Full Baths 4
Year Built 1850
Annual Tax Amount $5,974
Lot Size 9,583 Sqft
Property Description
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.
Location
State MI
County Lapeer
Area Dryden Vlg
Zoning Multi-Family
Interior
Heating Forced Air
Cooling Separate Meter,Window Unit(s)
Exterior
Exterior Feature Lighting,Private Entry
Garage Spaces 6.0
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick,Other
Schools
School District Dryden
Others
Assessment Amount $719
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional