Thank you
David Cerven
RE/MAX Advantage
269-323-3900
Welcome to an exciting investment opportunity - a six-unit property situated on seven wooded acres, offering immense potential for both immediate and future expansion. Each unit features two bedrooms and one bathroom, offering comfortable living spaces for residents. While the interiors are in need of updating, this presents an opportunity to revitalize each unit with modern finishes and amenities. One of the remarkable aspects of this property is the potential for future expansion. With seven acres of wooded land at your disposal, the possibilities for growth are endless. Explore the opportunity to add additional units or even develop recreational amenities that enhance the overall appeal of the property. This ability to expand ensures long-term growth and increased profitability.
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Laundry Facility,Cable Available
Roof : Composition
Cooling: Central Air
Heating: Baseboard,Forced Air
Heating Fuel: Electric,Natural Gas
Year Built: 1978
Total Units: 6
Roof: Composition
Sewer: Septic Tank (Existing)
Public (Municipal),Water at Street
Lot Size: 7.07
Lot Dimensions: Irregular
Frontage Feet: 300
Financing: Cash,Conventional
Original List Price: $499,900
Possession: Negotiable
Legal Description: See attached Survey
Annual Tax: $7,212
Parcel Number: 800801903211
Negotiable
Legal Description: Section: See attached Survey
Parking: 10
Road Frontage: Paved
# of Bedrooms: 1
School District: Decatur
Water:Public (Municipal),Water at Street
Sewer:Septic Tank (Existing)
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
3040&50 62nd Street , Decatur, MI,49045 | $349,999 | -- | -- | -- | 33.24 Acres |
3040&50 62nd Street, Decatur, MI,49045 | $349,999 | -- | -- | -- | 33.24 Acres |
51762 Co Rd 352, Decatur, MI,49045 | $85,000 | 2 | 1 | 650 | 4.89 Acres |
79728 55th Street , Decatur, MI,49045 | $1,490,000 | 4 | 3.5 | 4,887 | 156.44 Acres |
79728 55th Street, Decatur, MI,49045 | $1,490,000 | 4 | 4 | 6,718 | 156.44 Acres |
E Beers Street , Decatur, MI,49045 | $19,900 | -- | -- | -- | 0.39 Acre |
E Beers Street, Decatur, MI,49045 | $19,900 | -- | -- | -- | 0.39 Acre |
410 Lee Avenue , Decatur, MI,49045 | $24,900 | -- | -- | -- | 0.26 Acre |
410 Lee Avenue, Decatur, MI,49045 | $24,900 | -- | -- | -- | 0.26 Acre |
44734 Co Rd 352 , Decatur, MI,49045 | $14,900 | -- | -- | -- | 0.41 Acre |
Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.
ByOwner last updated this listing 04/28/2024 @ 08:40
MLS: 601810371
LISTED BY: David Cerven , RE/MAX Advantage
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3.00%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.