61-67 East Street

About this home

Investor opportunity! 3 units within walking distance of downtown Oxford Village. Main house has 2 units plus Historic Oxford Train Depot. All units have private entries. Lower unit has 3 bedrooms (one upstairs), Upper unit has 2 bedrooms and train depot is a one bedroom. Main house: roof (9/21), furnace (7/21), detached 2 car garage. 1 block to Polly Ann trail. Upper unit is available to be viewed. Please do not walk property or disturb tenants.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Oxford

Over the last 90 days, 84 homes sold in Oxford for a median of $403,000, about $169 per square foot, and the typical one went under contract in 10 days. This home is listed at $379,900, or $154 per square foot, 9% below the city median, and has been on the market 30 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Oxford sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $8,756 a year. A buyer who lives here would pay about $6,372 to $8,462 a year once the taxable value resets after the sale, at the 2025 homestead rate of 44.11 mills for Village Of Oxford and Oxford 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

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