230 N Corning Street, Farwell, MI 48622 (MLS# 25060016)
230 N Corning Street, Farwell, MI 48622
$975,000
Property Type:
Multi Family
Lot Size (sq. ft.):
43,124
Status:
Active
Current Price:
$975,000
List Date:
11/27/2025
Last Modified:
12/01/2025
Description
Receivership Sale - 16-Unit Multifamily Property. Excellent opportunity to acquire a 16-unit income-producing property under court-appointed receivership. Financials and additional property details available upon request to vetted and qualified buyers. Coin laundry facilities onsite. Call for additional details.
More Information MLS# 25060016
Location & Property Info
Cross Streets: N. Corning / Ohio
Property Sub-Type: 5+ Units
Municipality: Farwell Vlg
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 87.68
General Property Info
New Construction: No
Lot Dimensions: Unknown
Financial Available: Yes
Financial Comments: Upon request to qualified prospects
Road Frontage: 0
Cert of Compliance: Yes
Waterfront: No
Basement: No
Total # Units: 16
# of Diff Unit Floor Plans: 2
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 11120
Total Parking Spaces: 35
School District: Farwell
Lot Measurement: Acres
Lot Square Footage: 43124
Lot Acres: 0.99
Year Built: 1984
Tax Info
Taxable Value: 192030
SEV: 204928
For Tax Year: 2024
Seller's Annual Property Tax: 10843
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: None
Zoning: Res
Tax ID #: 041-209-005-01
Remarks & Misc
Public Remarks: Receivership Sale - 16-Unit Multifamily Property. Excellent opportunity to acquire a 16-unit income-producing property under court-appointed receivership. Financials and additional property details available upon request to vetted and qualified buyers. Coin laundry facilities onsite. Call for additional details.
Legal: T17N R5W SEC 26 . LOTS 5-8-9-12-13-16 BLK 9 FARWELL, MICH.
Lot Description
Recreational: 1
Sidewalk: 1
Wooded: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
None: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
Common Area: 1
Laundry Room: 1
Lower Level: 1
Main Level: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
Other: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: Yes
Accessibility Feat
No Step Entrance: 1
Ramped Entrance: 1
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
Driveway
Shared Unpaved: 1
Substructure
Slab: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 5
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 6
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 7
Unit Description: 0
SqFt: 0
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Monthly Rent: 0
Unit 8
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 9
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 10
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 11
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 12
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Clare
Street #: 230
Street Direction: N
Street Name: Corning
Suffix: Street
State: MI
Zip Code: 48622
Area: Clare-Gladwin - D
OfficeContract Info
Status: Active
Current Price: $975,000
List Price: $975,000
Listing Date: 2025-10-25
Remarks Misc
Directions: Main St. to N. Corning, N to apartments
Property Features
Laundry Features: Common Area; Laundry Room; Lower Level; Main Level
Accessibility Feat: No Step Entrance; Ramped Entrance
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Slab
Lot Description: Recreational; Sidewalk; Wooded
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: None
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Shared Unpaved
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: Other
Listing Office:
NuCon Realty, LLC
Listing Agent:
Ryan D Kelley
Last Updated: December - 01 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.