367 Margaret Ann Drive
Bronson, MI 49028
- – beds
- – baths
- – sqft
- ~1 acre lot
- 1978 build
- – on site
Stunning nearly new construction 3-Unit Triplex on 1.16 Acres - Prime Location in Bronson, MI with Matteson Lake Views.This beautifully updated 3-unit triplex offers the perfect blend of modern living and exceptional investment potential. Situated on a spacious 1.16-acre parcel in a sought-after location, this property is ideal for an owner-occupant or an investor looking to capitalize on rental income.This property has undergone extensive renovations, transforming it into a near-new build. The original structure, once a duplex with an unfinished lower level, has been meticulously upgraded to include a brand-new, 1,400 sq. ft. 1st-floor apartment, in addition to two spacious 780 sq. ft. apartments on the second story.Key Features & Improvements:Total Finished Living Area: 3,000 sq. ft. High-End Interior Finishes: Vinyl plank flooring, Delta brand faucets, built-in Samsung appliances, energy-efficient mini-split heating and cooling, walk-in closets, and a luxurious soaker tub. Soundproofing: Resilient channel system for optimal sound insulation between units Top-to-Bottom Exterior Upgrades: New gutters, downspouts, vinyl line-hide for HVAC systems, and professional landscaping Expansive Property Improvements: Full excavation and asphalt millings for driveways, tree trimming, stump grinding, and extensive concrete work for patios and sidewalks This property provides immediate returns with its high-quality construction, energy-efficient systems, and prime location. With only the original framing and cement slab preserved, it is effectively a brand-new building. At a competitive asking price of $399K, this triplex offers tremendous value for both investors and buyers seeking long-term equity. The property is currently fully rented. Apartment A: $1,200, Apartment B: $1,200 Apartment C: $1,500. Tenants pay utilities. Don't miss your chance to own this exceptional multi-family asset!
Last checked:
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Last updated Mar 19, 2025
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MLS# 62025010438 —
The Building
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Year Built:1978
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Construction Materials:VinylSiding
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Roof:Composition
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Foundation Details:Slab
Interior
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Laundry Features:LaundryCloset
Location
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Directions:West on US 12 from Coldwater to Bronson then North on Matteson St. which turns into Matteson Lake Rd. to Werners Landing to Margaret Ann Dr.
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Cross Street:Werners Landing Dr.
The Property
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Parcel Number:050W5500000100
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Features:CornerLot
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Lot Size Acres:1.16
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Lot Size Area:50530.0
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Lot Size Dimensions:irregular
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Lot Size Units:SquareFeet
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Road Frontage Feet:367
Listing Agent
- Contact info:
- Agent phone:
- (517) 677-4407
- Office phone:
- (269) 290-0298
Taxes
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Tax Legal Description:LOT 1 OF WERNERS LANDING NO 1 SEC 23 & 24 T6S R8W
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Tax Assessed Value:45150
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Tax Annual Amount:1269.0
Heating & Cooling
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Heating:Electric, WallFurnace
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Heating:true
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Cooling:WallUnits
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Cooling:true
Utilities
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Utilities:ElectricityConnected
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Sewer:SepticTank
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Water Source:Well
Schools
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High School District:Bronson
The Community
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Waterfront:false
Parking
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Parking Total:15.0
IDX provided courtesy of Realcomp II Ltd., via Estately and Branch County Association of REALTORS, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
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.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/19/25
Mar 19, 2025
|
Listed / Active | REALCOMP | $399,900 | 515.2% (167.2% / YR) |
2/18/22
Feb 18, 2022
|
REALCOMP | $65,000 |