3231 Ray Road

    Fenton Twp, MI 48430
    • $649,000
    • STATUS: Active
    • ON SITE: 298 days
    • MLS #: 217033544
    UPDATED: 50 min ago
    $649,000
    • 0
      BEDS
    • 21.59
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,477
      SQFT
    • $68
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:
    Area:
    Zoning: Agricultural
    Lot Size Dimensions: irregular

    School Ratings & Info

    School District:

    Description

    Five (5) units of apartments with lots of room for expansion for more apartments or storage units. This 21.59 acre property also has approximately 1385 feet of frontage on US-23. There is also income generated from billboards and farming. There are four (4) buildings consisting of a 1,969 sq ft farm house, a 1,508 sq ft modular home, a 1,564 sq ft agricultural building and a 6,000 sq ft heated pole barn with and office. The 6000 sq ft pole barn is being used by the seller currently and has future income potential when it is leased. This is an excellent investment opportunity. All information and figures are approximate and should be verified.

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    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-02-21T07:57:09.01.
    www.homesearchannarbor.com/homes/72069485

    3231 Ray Road Fenton Twp, MI 48430

    • Price: $649,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 217033544
    0
    Beds
    0
    Baths
    0
    ½ Baths
    21.59
    Acres
    9,477
    SQFT
    $68
    $/SQFT
    1900
    Built
    Neighborhood:
    Fenton Twp
    County:
    Genesee
    Area:
    Fenton Twp
    School District:
    LAKE FENTON
    Property Description
    Five (5) units of apartments with lots of room for expansion for more apartments or storage units. This 21.59 acre property also has approximately 1385 feet of frontage on US-23. There is also income generated from billboards and farming. There are four (4) buildings consisting of a 1,969 sq ft farm house, a 1,508 sq ft modular home, a 1,564 sq ft agricultural building and a 6,000 sq ft heated pole barn with and office. The 6000 sq ft pole barn is being used by the seller currently and has future income potential when it is leased. This is an excellent investment opportunity. All information and figures are approximate and should be verified.
    Exterior Features

    Architecture Level 2 Story Construction Materials Steel/MetalVinylOther Foundation Details Crawl Foundation Materials BlockPoured Lot Size Dimensions irregular Road Frontage Feet 435 Road Frontage Type Gravel Side Of Street S Waterfront YN No

    Interior Features

    Heating Cooling Forced AirHot Water Heating Fuel Propane Room Count 0 Sq Ft Main 9477 Sq Ft Office 0 Sq Ft Source Est Unit Efficiency Number Of 0 Unit One Bed Number Of 3 Unit Three Bed Number Of 1 Unit Two Bed Number Of 1

    Property Features

    Assessment 236 Buildings List Pole Barn Commercial Type Apartments Current Use Apartments & Farming Encroachment YN No Exclusions YN No Gross Scheduled Income 44920.00 Land Contract YN No Listing Financing CashConventional Monthly Sales 3743 Net Operating Income 31720.00 Operating Expense 13200.00 Ownership Status Private OwnedShort Sale - No Percent Leased 100 Possession Negot Postal City Fenton Protection Period 180 Settlement Township Sewer Septic-Existing Short Sale No Tax Amount Summer 1643.0000 Tax Amount Winter 4326.0000 Title Private - Owned Total Tax 5969.0000 Unparsed Address 3231 RAY RD Water Source Well-Existing Zoning Agricultural

    IDX provided courtesy of Realcomp II Ltd., via Van Esley Real Estate Inc and Realcomp, ©2016 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-02-21T07:57:09.01.
    The Toth Team - Keller Williams Ann Arbor Market Center
    2144 S State St
    Ann Arbor MI, 48104