Active

$275,000

306 Russell St, Hubbardston, MI 48845

10beds

7baths

5,851sqft

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5+ Units

Built in 1973

-- sqft lot

$-- Zestimate^®

$47/sqft

$-- HOA

What's special

Wide open floor plansFull kitchen

One of a kind extremely solid investment opportunity. Huge 15,000+ sq ft building started its life out as a school but now offers 5 x 2 Bed residential apartments, multiple office spaces, multiple bathrooms, full kitchen, 42x65 gym, and tons of bonus space. Entire building including all apartments are zero grade. Wide open floor plans. Gym is currently being converted into 11+ 10x10 climate-controlled storage units. Building is built like a tank and is mechanically sound. New roof approx 7 years ago. 1.5 Acre site offers plenty of parking and large greenspace including playground area. Absolutely unlimited possibilities and potential. Hurry to get this one working for you!

390 days

984

52

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 7

Heating

Forced Air

Appliances

Laundry: Main Level

Features

Basement: Slab

Interior area

Total interior livable area: 5,851 sqft

Video & virtual tour

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Property

Parking

Total spaces: 38
Parking features: Concrete, Driveway

Lot

Size: 1.59 Acres
Features: Level, Recreational, Sidewalk, Corner Lot

Details

Parcel number: 09106000069010
Zoning description: Commercial

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Units

Materials

Block
Roof: Composition,Rubber

Condition

New construction: No
Year built: 1973

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Natural Gas Available, Cable Available, Natural Gas Connected, Electricity Connected

Community & HOA

HOA

Amenities included: Other

Location

Region: Hubbardston

Financial & listing details

Price per square foot: $47/sqft
Tax assessed value: $165,900
Annual tax amount: $11,618
Date on market: 6/9/2025
Listing terms: Cash,Conventional
Tenant pays: None
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,399/mo

Price history

Date	Event	Price
1/5/2026	Price change	$275,000-35.3%$47/sqft
Source: MichRIC #25027272 Report a problem
8/13/2025	Price change	$424,900-10.5%$73/sqft
Source: MichRIC #25027272 Report a problem
8/1/2025	Price change	$474,900-4.7%$81/sqft
Source: MichRIC #25027272 Report a problem
7/11/2025	Price change	$498,500-9.3%$85/sqft
Source: MichRIC #25027272 Report a problem
6/9/2025	Listed for sale	$549,900$94/sqft
Source: MichRIC #25027272 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13,742 -9.1%	$165,900
2024	$15,119	--
2023	--	$293,200
2022	--	--
2021	--	--
2020	--	--
2019	--	--
2018	--	--
2017	--	--
2016	--	--
2015	--	--
2014	--	--

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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