$179,900 for Sale

318 n water street, owosso, MI 48867

Beds 3 Baths 2 1,364 Sqft 0.09 Acres 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
(248) 840-4124 Call Jennifer Lobb for more information about this property.

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This Home located at
318 n water street, owosso MI 48867
is currently for sale priced at $179,900 and was listed on April, 01, 2026 and has been on the market for 2 days.

318 n water street has 3 bedrooms, 2 bathrooms, and approximately 1,364 square feet. This home is in the owosso school district and has a lot size of 32x126 with 0.09 acres and was built in 1910. 318 n water street is in the 48867 ZIP Code area of owosso.

If you have any question about this property or any others, please don't hesitate to contact me.