3231 RAY Road Fenton, MI 48430
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 $800.00 per month for one side and $375.00 per month 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 TypeMulti-Family
- NeighborhoodFenton Twp
- CountyGenesee
- Taxes$6,552
- HOA/Condo/Coop Fees$0
- Days on Site474 Days
- MLS StatusActive
- MLS ID Number60023425
- Home Size Source N/A
- Year Built1900
- Lot Size21.59 Acres
- Full Baths5
- Partial BathsN/A
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