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LARGE HOME-MAKE $ NOW with Occupied Rental Units on Property

Listing ID 23023880 | Updated 313 days ago

$99,500
Willing to negotiate


Rives Junction, MI 49277

4 beds, 3.50 baths
Single Family

Listing is inactive

About this Property

Bedrooms:4 Bathrooms:3.50 Floors:3.0 Square Footage:2263
Year Built:1907 School District:NORTHWEST Garage Size:4.0 Lot Size:5.50 Acre(s)
Amenities:Central AC, Carpeted Floors, Appliances Included, Patio/Balcony, Basement, Bonus/Great Room, Covered Parking, Central Heating, Deck/Porch, Garage

I am selling my parent's home of 43 years... both have passed away. 442 N RAILROAD, RIVES JUNCTION, MI 49277. This is a great opportunity for someone to own this large home, and make money doing it. The main house is 2263 square feet, with 1276 on the ground level and 987 on the second level. Each floor has a separate entrance. For several years, the lower level was owner occupied, with the upper unit being rented. It is currently occupied with a monthly rental fee of $525. Also, on the property is a separate rental structure that is 416 square feet. It is also currently occupied at $325 per month. If you rent out the lower unit that was previously occupied, you're looking at a annual rental income of nearly $15,000. In addition, there are 4 unattached garage/pole buildings on a total of 5.5 acres. The properties consist of 3 separate parcels, 1 residential and 2 commercial. Some important features include: total 4 bedrooms, total 3 full baths, total 1 half bath, main house built 1907, deck, enclosed porch, natural gas. 2010 SEV is $76,000 -- meaning a state assessed value near $152,000. The property was listed last year for a very brief period when my father was in a home in Florida... it was appraised then and listed at a great price of $129,900. Since my parents are now both gone, I am just looking to sell this property to someone who could enjoy it as they did. PRICE LOWERED to $99,500. Please call 517-937-8102, if you are interested in walking through the properties. You can also see additional pictures by clicking on the following link... http://s1118.photobucket.com/albums/k617/freeperry/ -- thanks for your interest. SALE ONLY, NO RENT TO OWN/LAND CONTRACT OPTION.

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