Active

306 W Russell Street

Hubbardston, Michigan 48845
Mark as Favorite
$275,000 $1,159/Mo
Get Pre-Approved Check your credit
Bed 10

Bed

Bath 0

Bath

Acres1.59

Acres(Lot)

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!

Detail Ic Property Details

Property Type : Multifamily

Price : $275,000

AD Id : 65252995

MLS Id : 65025027272

Beds : 10

Lot Size : 1.59 Acres

Year Built : 1973

County : Ionia

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Interior Features

    Other,Laundry Facility Roof: Composition,Rubber

  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1973 Total Units: 7 Roof: Composition,Rubber Foundation/Basement: Slab

  • Utility Features

    Sewer: Septic Tank (Existing)

  • Water

    Well (Existing)

  • Lot Information

    Lot Size: 1.59 Lot Dimensions: irregular Frontage Feet: 194

  • Property Information

    Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $549,900

  • Listing Information

    Possession: Subject To Tenant Rights Legal Description: VILLAGE OF HUBBARDSTON LOT 199 EXP. COMMENCING AT THE NE CORNER OF LOT 199; THENCE NW ON THE NE LINE OFSAID LOT, 98 FT; THENCE SW PARALLELL WITH THE NE LINE OF SAID LOT, 200 FT; THENCE SW PARALLEL WITH THE NE LINE OF SAID LOT 98 FT; THENCE NE ALONG THE LINE BETWEEN LOTS 197 AND 199 200 FT TO THE POB: VILLAGE OF HUBBARDSTON LOT #200 SPLIT/COMBINED ON 03/02/2020 FROM 091-060-000-720-00;

  • Tax Information

    Annual Tax: $11,618 Parcel Number: 09106000069010

  • Possession

    Subject To Tenant Rights

  • Legal Information

    Legal Description: Section: VILLAGE OF HUBBARDSTON LOT 199 EXP. COMMENCING AT THE NE CORNER OF LOT 199; THENCE NW ON THE NE LINE OFSAID LOT, 98 FT; THENCE SW PARALLELL WITH THE NE LINE OF SAID LOT, 200 FT; THENCE SW PARALLEL WITH THE NE LINE OF SAID LOT 98 FT; THENCE NE ALONG THE LINE BETWEEN LOTS 197 AND 199 200 FT TO THE POB: VILLAGE OF HUBBARDSTON LOT #200 SPLIT/COMBINED ON 03/02/2020 FROM 091-060-000-720-00;

  • Virtual Tour

    Virtual Tour (External Link)

    Parking Information

    Parking: 38

  • Multi-Unit Information

    Road Frontage: Paved,Pub. Sidewalk

  • Unit 2 Information

    # of Bedrooms: 5

  • School Information

    School District: Carson City Crystal

  • Utility Information

    Water: Well (Existing) Sewer: Septic Tank (Existing)
Sell a home like this and save $16,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...
MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/26/2026 @ 04:07

MLS: 65025027272 LISTED BY: Darin K Elliott , Greenridge Realty (Ionia) 616-527-3720 SOURCE: Realcomp II Ltd

More Cities with for Sale by Owner Homes

Selling? Save $16,001 when you sell a home like this

Tour with a ByOwner Agent