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3231 RAY Road, Fenton Twp, MI 48430

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Listing Type
Multi Family
Listing Status
pending
35
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$850,000

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Home Details for 3231 RAY Road
Price
$850,000
Type
Multi Family
Bedrooms
8
Total Bathrooms
5.0
Full Bathrooms
5.0
Year Build
1900
Sq. Ft.
3477
Lot Size
21.59
County
Genesee
Basement
Crawl Space
Tax
$6,552
MLS®️ Listing#
2220004051
On exitrealty.com
1052 days
Property Description
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 $750.00 per month for one side and $4,500.00 per year 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.
Property Features
Listing courtesy: Van Esley Real Estate Inc - 734-459-7570
mls_iconThe accuracy of all information, regardless of source, is not guaranteed or warranted. Allinformation should be independently verified. IDX Information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Provided through IDX through Realcomp II Ltd. Courtesy of EXIT AHEAD REALTY. © 2024 Realcomp II Ltd. Shareholders.
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Market statistics compiled from data from Michigan Regional Information Center.
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EXIT AHEAD REALTY
1542 N. Leroy, Suite 2A, Fenton, MI 48430
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$850,000

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EXIT AHEAD REALTY
1542 N. Leroy, Suite 2A, Fenton, MI 48430
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