Rare Investment Opportunity! Unlock the massive potential of this one-of-a-kind 3-unit ranch complex, a true retreat nestled on a sprawling 2-acre lot. Whether you're looking to expand your rental portfolio, create a multi-generational family compound, or develop a boutique residential hub, this property is a diamond in the rough waiting… Read More for your vision.A;A;This isn't your standard multi-family setup. The unique ranch-style layout offers privacy and ease of access that tenants love and come back to enjoy year after year. Each unit has 2 bedrooms, 1 full bathroom, kitchen, living and dining area. Each unit has a washer/ dryer in the unfinished basement with endless possibilities to add more living space, storage, additional bedrooms/ bathrooms etc. A;A;Live in one unit, rent the others, or keep the entire complex as a turnkey business. The property comes fully furnished with an exceptionally beautiful landscape with mature flowers in the spring. Enjoy the peace of acreage without sacrificing proximity to local amenities.A;A;The true value lies in the 2 acres of flat, usable land. There is ample physical space to build additional units. With proper township approval, you can scale this complex into a high-density income producer. Even with the existing units, the lot offers a serene, expansive feel that is hard to find in multi-unit properties.A;A;Properties with this much acreage and existing infrastructure rarely hit the market. Bring your contractor, your architect, and your imagination to see the full potential of this unique estate.A;A;This is a MUST SEE, the possibilities are endless! Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Blue Heron Realty. [email protected] (248) 529-3610
Listing Snapshot
Days Online
42
Last Updated
Property Type
Multifamily
Square Ft.
2,947
Lot Size
1.97 Acres
Year Built
1998
MLS Number
20261010904
30 Days Snapshot Of 48165
$574k
+52%
(avg) sold price
6
-40%
homes sold
105
-3%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved, Dirt
Basement
Unfinished, Basement?: 1
Building
3 total units, 1 leased unit, 3 two-bedroom units, Built in 1998, Architectural style: Ranch, Brick, 2,947 total square feet, 2,947 combined square feet, 2,947 total basement square feet, Unit count: 3
Cooling
Central Air
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Well (Existing)
Heating
Forced Air, Natural Gas
Interior Features
Cable Available, High Spd Internet Avail, Laundry Facility, Programmable Thermostat
Lot
Lot size area: 1.97, Lot size dimensions: 437 x 234 x 292 x 281
Miscellaneous
Gross scheduled income: $15,600, Income projection: Actual, Monthly rental income: $1,300, Net operating income: $12,850, Operating expense: $2,750
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