3231 Ray Road Fenton, MI 48430 MLS# 2220004051 Active
MLS# 2220004051
Active
  

$850,000
View On Website
 Property Type Multifamily
 Parcel # 0603200022
 County Genesee
MLS Public Remarks  Five (5) unit apartment building on 21.59 acres with room for expansion. This property also has a 5,000 sq pole barn that has a concrete floor, electricity, spray foam insulation ($30,000), a bathroom, and an office. The pole barn is not rented and can provide extra income of approximately $2,500.00 per month. For additional income, there is also a billboard which currently receives $800.00 per month for one side and $375.00 per month for the other. In addition to that, this 21.59 acre property has approximately 1,385 feet of frontage on US-23, and approximately 20 acres for farming with income of approximately $900.00 per year. Some updates in the farmhouse include some new flooring, bathroom tile and paint. This is an excellent investment opportunity. CITY WATER IS COMING TO THOMPSON RD THIS SUMMER & TORREY RD NEXT SUMMER! DO NOT DISTURB THE TENANTS! ALL RESIDENTIAL UNITS ARE OCCUPIED! NO SHOWINGS WITHOUT AN ACCEPTED OFFER. All information is estimated and should be verified.
http://www.www.jjrealtors.com.com/2220004051
AGENT/COMPANY DETAILS  
Customer Care
Phone: 248-304-6700
[email protected]
www.www.jjrealtors.com.com/2220004051
Customer Care
LOCATION  
  • Township  Fenton Twp
  • Directions  US-23 to Thompson Rd, East on Thompson Rd to Torrey Rd, North on Torrey Rd to Ray Rd, West on Ray Rd to property
  • HOUSE DESCRIPTION  
  • Fin Below Grd SqFt  0
  • Total Fin SqFt  3,477
  • Price/SqFt  $244
  • Unfinished SqFt  0
  • Above Grade Finished SqFt  3,477
  • CDOM  827
  • Sub Property Type  Multifamily
  • Year Built  1900
  • Days on Market  827
  • ASSESSMENT/SCHOOLS   
  • Land Assessment  -
  • Improvements  $650000
  • Net Taxes  $6552
  • Acreage  21.59
  • Taxes  -
  • Tax Year  -
  • Summer Taxes  $1779
  • School District  Lake Fenton
  • Winter Taxes  $4773
  • LOT DESCRIPTION  
  • Lower Level Square Footage  0
  • Waterview  N
  • Number of Units  5
  • Waterfront  N
  • For Lease/Rent  N
  • Est. Total Acres  21.59
  • Lot Dimensions  435 x 1385 x 679 x 1133 x 165 x 263
  • WaterFrontage   0
  • INTERIOR FEATURES  
  • Heating  Forced Air, Hot Water, LP Gas/Propane
  • Water  Well (Existing)
  • Basement  N
  • Heating  Forced Air, Hot Water, LP Gas/Propane
  • EXTERIOR FEATURES  
  • Garage  0.0
  • Architecture  1 1/2 Story
  • Sewer  Septic Tank (Existing)
  • Home Style  Duplex, Farmhouse
  • Possession  At Close
  • Exterior Materials  Other, Vinyl
  • DETAILS  
  • Status Change Date  03/09/2022
  • Listing Date  01/24/2022
  • Internet/IDX  Y
  • Named Exceptions  N
  • LISTING OFFICE DETAILS  
  • Listing Office   Van Esley Real Estate Inc
  • Office Address   44675 Joy Rd
  • Listing Number   2220004051



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