Income-Producing Duplex with Long Rental History!! Motivated Seller!
Don't miss this opportunity to own a duplex with a strong rental history in Hessel, Michigan! Each unit features open living concept, separate entrances, and private amenities - perfect for tenants or live-in owners looking to offset their mortgage with rental income. The property is within walking distance to all that downtown Hessel has to offer, including but not limited to: marinas, public beach, coffee/ice cream shop, bar, culinary school, convenience store, public beach and more! The first unit is a 1 bedroom, 1 bath and the second unit is a 2 bedroom, 1 bath.
The building was remodeled and the electrical updated in 1999. Fantastic income property; call your Realtor to make an appointment!
Sold
Price Unknown
42 N Ospry Ln, Hessel, MI 49745
3beds
1,250sqft
Duplex
Built in 1968
-- sqft lot
$178,800 Zestimate®
$--/sqft
$1,552 Estimated rent
Home value
$178,800
Estimated sales range
Not available
$1,552/mo
Zestimate® history
Owner options
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$1,552/mo
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$1,552/mo
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List your homeWhat's special
Separate entrancesOpen living conceptPrivate amenities
Zillow last checked:
Listing updated:
Listed by:
Sarah E Barr 906-630-6347,
Real Estate One Northern Properties
Bought with:
Ted Ottaway, 477500350
COLDWELL BANKER SCHMIDT - CEDARVILLE
Source: EUPBR,MLS#: 25-190
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Forced Air, Propane
Cooling
- None
Interior area
- Total structure area: 1,250
- Total interior livable area: 1,250 sqft
- Finished area above ground: 1,250
- Finished area below ground: 0
Property
Details
- Parcel number: 00342702510
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Drilled Well
Community & HOA
Location
- Region: Hessel
Financial & listing details
- Tax assessed value: $101,400
- Annual tax amount: $1,397
- Date on market: 4/12/2025
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2025 | Sold | --0 |
Source: EUPBR #25-190 Report a problem | ||
| 9/15/2025 | Pending sale | $185,000$148/sqft |
Source: EUPBR #25-190 Report a problem | ||
| 7/18/2025 | Price change | $185,000-7%$148/sqft |
Source: EUPBR #25-190 Report a problem | ||
| 6/13/2025 | Price change | $199,000-5.2%$159/sqft |
Source: EUPBR #25-190 Report a problem | ||
| 4/12/2025 | Listed for sale | $210,000+39.1%$168/sqft |
Source: EUPBR #25-190 Report a problem | ||
| 6/2/2022 | Listing removed | $151,000-5%$121/sqft |
Source: EUPBR #21-1024 Report a problem | ||
| 5/9/2022 | Listing removed | -- |
Source: EUPBR #21-1024 Report a problem | ||
| 11/10/2021 | Listed for sale | $159,000$127/sqft |
Source: EUPBR #21-1024 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,397 +5.9% | $50,700 +10.2% |
| 2023 | $1,318 +5.7% | $46,000 +28.1% |
| 2022 | $1,247 | $35,900 +21.3% |
| 2020 | -- | $29,600 -1.3% |
| 2018 | -- | $30,000 +0.3% |
| 2017 | -- | $29,900 +1% |
| 2016 | -- | $29,600 -18.3% |
| 2015 | -- | $36,250 +14.9% |
| 2012 | -- | $31,560 |
Find assessor info on the county website
Neighborhood: 49745
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Nearby schools
GreatSchools rating
- 6/10Cedarville SchoolGrades: PK-12Distance: 3.2 mi
- Michigan
- Mackinac County
- Cedarville
- 49745
- 42 N Ospry Ln
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