Estimated payment $3,480/month
Highlights
- Countryside Views
- Forced Air Heating and Cooling System
- 1-Story Property
- Pole Barn
About This Home
This 3.45-acre mixed-use property offers a unique investment opportunity with both steady residential and commercial rental income. It features four fully-rented apartment units, with a fifth unit nearing completion, as well as a newer 400-foot, 5-inch well. The property also includes a commercial building with store frontage, office space, and a special-purpose 80x40 barn, built in 2011. Currently, a dog grooming business rents the commercial space on a month-to-month basis. Additionally, there is a 40x80 pole building, offering future potential for business expansion or storage use. Conveniently located just off US-127, the property provides a prime location for business opportunities while maintaining consistent rental income from the residential units and commercial tenant. With a mix of residential and commercial space, along with room for further development, this property presents an excellent opportunity for investors looking for versatility and steady returns.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,202
Year Built
- Built in 1970
Lot Details
- 3.45 Acre Lot
- Lot Dimensions are 200x200x99x460x264x396
- The community has rules related to zoning restrictions
Home Design
- Slab Foundation
- Fire Rated Drywall
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,579 Sq Ft Home
- 1-Story Property
- Countryside Views
- Basement Storage
- Oven or Range
Outdoor Features
- Pole Barn
Utilities
- Forced Air Heating and Cooling System
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
- Well
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/26/2025 03/26/25 | Price Changed | $499,000 | -13.2% | $193 / Sq Ft |
| 01/22/2025 01/22/25 | Price Changed | $575,000 | -10.9% | $223 / Sq Ft |
| 07/09/2024 07/09/24 | Price Changed | $645,000 | -4.4% | $250 / Sq Ft |
| 05/13/2024 05/13/24 | For Sale | $675,000 | -- | $262 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1922176
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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