451 S Water Street
Marine City, MI 48039
Multi Family · MLS # 58050222430 · Listing courtesy of Community Choice Realty Inc.
About this home
Discover a rare, multifaceted waterfront gem on the beautiful St. Clair River in Marine City. This execptional 2-unit property offers endless possibilities -use it as a full-income duplex, live in one side and Airbnb or rent the other to offset your living costs, or create the ultimate vacation retreat. Expertly designed landscaping sets the stage for true outdoor living, featuring, a stunning stone waterfall fountain, cozy fire pit, and spacious entertaining area right on the river's edge. Watch Freighters glide by, enjoy unforgettable sunsets, and savor the peaceful, resort-like setting from your own backyard. With it's unique layout, exotic waterfront appeal,and income-producing potential, this is one of the most fabulous opportunities on Michigan's Thumb Coast. Don't miss your chance to add this extraordinary property to your portfolio or personal lifestyle-come see what makes it so special! Furnishings are not included. Dome light fixture, exterior statues and fountains, kitchen island and lion wood carving are excluded. Contract agent for further items.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Marine City
Over the last 90 days, 22 homes sold in Marine City for a median of $230,750, about $172 per square foot, and the typical one went under contract in 13 days. This home is listed at $599,000, or $248 per square foot, 44% above the city median, and has been on the market 43 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Marine City sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $9,595 a year. A buyer who lives here would pay about $6,760 to $11,529 a year once the taxable value resets after the sale, at the 2025 homestead rate of 38.11 mills for Marine City City and East China 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 Marine City
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