MI > Fenton > Fenton Twp
Fenton, MI 48430,3231 RAY Road
Fenton, MI 48430,3231 RAY Road
Fenton, MI 48430,3231 RAY Road
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$850,000
Est. payment /mo
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5 Baths
21.59 Acres Lot
Pending

3231 RAY Road Fenton, MI 48430

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Chris Buckely

Chris Buckely

+1(312) 313-5553

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Municipality Fenton Twp

Subdivision Fenton Twp

MLS Listing ID 2220004051

Year Built 1900

Annual Tax Amount $6,552

Lot Size 21.590 Acres

Acres 21.59

Lot Dimensions 435 x 1385 x 679 x 1133 x 165 x 263

Source Realcomp

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.

Location

State MI

County Genesee

Area Genesee County - 10

Zoning Agricultural

Direction US-23 to Thompson Rd, East on Thompson Rd to Torrey Rd, North on Torrey Rd to Ray Rd, West on Ray Rd to property

Rooms

Basement Crawl Space

Interior

Heating Forced Air, Hot Water

Exterior

View Y/N No

Building

Water Well

Structure Type Vinyl Siding,Other

Schools

School District Lake Fenton

Others

Tax ID 0603200022

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Van Esley Real Estate Inc

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agent

Chris Buckely

IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311

+1(312) 313-5553

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3231 RAY Road

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