911 Liberty Street
Algonac, MI 48001
Single Family Residence · MLS # 58050226743 · Listing courtesy of Innovation Real Estate Specialists Inc.
About this home
INVESTOR ALERT & BUILDER'S OPPORTUNITY!! Bring your vision and tools to this prime piece of Algonac potential! Situated on a rare, extra-large lot, this property is being sold completely AS-IS. The home has suffered significant fire damage, has been officially condemned, and must be either brought entirely up to current city codes or demolished per the City of Algonac-giving you a blank canvas to completely rebuild or start fresh with the home of your dreams! Whether you're a seasoned investor looking for your next big project or an aspiring homeowner wanting to build a custom retreat, the true value is in this expansive, oversized parcel. Location Highlights: River Life: Embrace the best of Algonac's famous "river life"! Just moments away from the St. Clair River, where you can enjoy world-class boating, fishing, and watching massive freighters glide by. Major marinas, boat launches, and the iconic Algonac harbor and boardwalk are just around the corner. Schools: Families will love the close-knit community with easy access to the Algonac Community School District, known for its small-town charm and active local community. Parks: Step outside and explore! This property is near top local recreation hubs like the sprawling Algonac State Park (fabulous for trails, camping, and ship watching) and local community parks and pools. Charm: Enjoy a leisurely walk or drive to downtown shopping, local dining, the Bridge to Bay Trail, and the Harsens Island ferry. Opportunities like this on oversized lots do not come around often in this highly sought-after waterfront community. Don't miss your chance to clear, build, and invest in a spectacular Algonac lifestyle! **Buyer to verify all utilities, demolition/restoration costs, and city requirements. Hold harmless required to walk the property. Do not enter the structure.**
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Algonac
Over the last 90 days, 35 homes sold in Algonac for a median of $290,000, about $193 per square foot, and the typical one went under contract in 15 days. This home is listed at $39,900, or $71 per square foot, 63% below the city median, and has been on the market 0 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Algonac sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $1,321 a year. A buyer who lives here would pay about $1,031 a year once the taxable value resets after the sale, at the 2025 homestead rate of 37.28 mills for Algonac City and Algonac 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 Algonac
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