Estimated payment $3,486/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 | Change | Sq Ft Price |
---|---|---|---|---|
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

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