4033 Risedorph Street
Burton, MI 48509
Single Family Residence · MLS # 20261071077 · Listing courtesy of Epique Realty
About this home
Investment property in Burton with immediate cash flow potential. This 3 bedroom ranch offers an attached garage, and a fully fenced lot in the Kearsley School District. Recent capital improvements are already handled. The roof was replaced in 2021 and the bathroom was recently updated, so the two items that typically consume a rehab budget are behind you. Bring paint and flooring on turnover and you have a rental in an established Burton neighborhood with room for equity. Price reflects known repairs. Three bedrooms plus a dining area that could convert to additional living space depending on how you want the property to function. The fenced yard is a real advantage with space for pets, gardening, and outdoor living. The attached garage adds parking and storage. All measurements, including square footage, lot size, and room dimensions, are approximate and not guaranteed. Buyer to independently verify all information. No showings prior to accepted offer. Property is tenant occupied and being sold subject to existing tenancy. Interior access is coordinated after offer acceptance during the inspection period out of respect for the tenant. Sold as is. See Agent Remarks for details.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Burton
Over the last 90 days, 109 homes sold in Burton for a median of $170,000, about $131 per square foot, and the typical one went under contract in 16 days. This home is listed at $109,000, or $109 per square foot, 17% below the city median, and has been on the market 18 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Burton sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $1,704 a year. A buyer who lives here would pay about $1,084 to $2,435 a year once the taxable value resets after the sale, at the 2025 homestead rate of 44.23 mills for Burton City and Kearsley schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Burton
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