$179,900 for Sale
318 n water street, owosso, MI 48867
| Beds 3 | Baths 2 | 1,364 Sqft | 0.09 Acres |
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1 of 1 |
Property Description
Unique Opportunity Near the River & Downtown! Imagine living just steps from the river, scenic river trail, and vibrant downtown. Currently used as an office and zoned commercial, however the city says that zoning now allows residential use, opening the door to create a beautiful 3-bedroom home in a prime location. Contractor's quote has been obtained to install a brand-new kitchen with Quartz countertops. Seller has agreed to escrow the funds for the kitchen as required for a mortgage. Ideal for a primary home, short-term rental, professional office, or mixed use. Properties with this kind of location and versatility rarely come available. Paved parking in back with ramp. Hardwood floors, open staircase, and covered porch bring the charm and character of Owosso's historic homes too! Contact listing agent for lender option that has agreed to accept an escrow for the new kitchen and provide a conventional, FHA, VA, or RD mortgage.
General Information
Sale Price: $179,900
Price/SqFt: $132
Status: Active
MLS#: 5050203188
City: owosso
Post Office: owosso
Schools: owosso
County: Shiawassee
Subdivision: na
Acres: 0.09
Lot Dimensions: 32x126
Bedrooms:3
Bathrooms:2 (1 full, 1 half)
House Size: 1,364 sq.ft.
Acreage: 0.09 est.
Year Built: 1910
Property Type: Single Family
Style: Other
Features & Room Sizes
Bedroom: 18 x 11
Bedroom: 15 x 11
Bedroom: 11 x 10
Bath - Full:
Bath - Lav:
Dining Room:
Living Room:
Paved Road: Paved
Construction: Vinyl
Exterior: Vinyl
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Est. Summer Taxes: $1,064
Est. Winter Taxes: $987
HOA fees: 1
Legal Description: S 32' OF LOT 6 BLK 13 ORIGINAL PLAT

IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and East Central Association of REALTORS®, ©2026 Realcomp II Ltd. Shareholders
Listing By: Morgan Beilfuss of The Home Office Realty LLC, Phone: (989) 725-5246