For Sale
254 N Penn Avenue, Mecosta, MI 49332
$125,000
MLS # 1947887 (Northern Great Lakes REALTORS® MLS)
3 beds1 bathBuilt 19507.67 acres
1 / 40
Listing Description
Great opportunity for someone handy to build equity in this unique investment property. Whether you are looking for a place to make your own or an opportunity to make a good profit, this home has many attractive features. These features include roughly 550 feet of river frontage on the east branch of the Little Meskegon River, and an approximate total of 7.67 acres! The home has three separate lots that are all included in this sale. The home is a ranch with a partially finished walkout basement that has egress windows. The house has a large living room that is open to the kitchen and a possible option to divide the master bedroom up and make an additional bedroom, or master ensuite if desired. The home is near a public riverside park and just a short walk to the Coffee and Cream Ice cream and coffee shop. The home has many repairs and maintenance items needed and has to be a CASH OR CONVENTIONAL SALE ONLY. The home will be sold in as-is condition, but still has a significant cost-to-value exchange. Get it before it's gone!
Source: SparkMLS
About this home
3-bedroom, 1-bath home in Mecosta Village in Mecosta built in 1950.
Currently offered at $125,000.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Lot Size7.67 acres
Year Built1950
Stories1
Location
CityMecosta
Zip Code49332
CountyMecosta
Construction & Systems
BasementOther
HeatingNatural Gas, Space Heater, Wall Furnace
WaterPrivate Water
Sale & Financing
Listed7/8/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Gaylon Koutz
FIVE STAR REAL ESTATE - MT. PLEASANT
Frequently Asked Questions about 254 N Penn Avenue, Mecosta, MI 49332
What type of financing is accepted for this listing?
Per MLS# 1947887, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 254 N Penn Avenue, Mecosta, MI 49332 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 254 N Penn Avenue, Mecosta, MI 49332 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 254 N Penn Avenue, Mecosta, MI 49332?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Water: Private Water. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the local police department or county sheriff's office.
Map
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Monthly payment$811
Principal & interest$811
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
254 N Penn Avenue, Mecosta, MI 49332
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Municipality
Mecosta Village
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