Description
Outstanding income-producing investment opportunity! This versatile property spans approximately 10 acres, about 8 wooded, and is ideally located just minutes from I-75. The corner location provides convenient side road access directly to the 66' by 100' pole barn, creating excellent functionality for a variety of uses. The property is currently generating 3,000 per monthâ"primarily from the pole barnâ"with additional income from the three-bedroom, one-bath home. The tenant has been in place for six years and is willing to sign a new lease. The home has been significantly updated with a new roof, new electrical wiring and panel, new furnace, central A/C, water heater, softener, and a new wellâ"minimizing near-term maintenance concerns. As an added advantage, the seller is open to considering owner financing with a substantial down payment. Reliable income, long-term tenant willing to sign, extensive updates, strong access, and financing flexibility make this a compelling opportunity
Details
| MLS # | 80072067 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 51 |
| Listing Provided By | WILTSE REALTY | KAREN WILTSE |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,590 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | Residential |
| Acreage | 10.23 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Heating | Natural Gas, Forced Air |
| Appliances | Dryer, Range/Oven, Refrigerator, Washer, Water Softener Owned, Electric Water Heater |
Exterior
| Construction Materials | Wood Siding |
|---|---|
| Foundation Details | Crawl |
| Lot Features | Corner Lot, Wooded |
Parking
| Garage Yes / No | No |
|---|
Other
| List Aor | Northeastern Michigan Board of REALTORS |
|---|
Taxes
| Property | 3786 |
|---|
Area Information
| State | MI |
|---|---|
| County | Arenac |
| City | Standish |
| Zip Code | 48658 |
| Area | Standish Twp (06010) |
| Community Name | Standish |
| Listing VS Median (in Standish) | |
Price: $445,000 low | high Med: $445,000 sqft: 1,590 low | high Med: 1,590 $ / sqft: $280 low | high Med: $280 On site: 51 low | high Med: 51 | |
Market Activity 48658
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Learn More About This Property
| State | MI |
|---|---|
| County | Arenac |
| City | Standish |
| Zip Code | 48658 |
| Area | Standish Twp (06010) |
| Community Name | Standish |
| Listing VS Median (in Standish) | |
Price: $445,000 low | high Med: $445,000 sqft: 1,590 low | high Med: 1,590 $ / sqft: $280 low | high Med: $280 On site: 51 low | high Med: 51 | |