Fenton Twp, MI 48430,3231 RAY Road

$850,000

Est. payment /mo
Est.Price: ?

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3231 RAY Road Fenton Twp, MI 48430

5 Beds

5 Baths

3,477 SqFt

SOLD DATE : 08/11/2025

Key Details

Property Type Multi-Family

Sub Type Duplex,Farmhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,477 sqft

Price per Sqft $222

MLS Listing ID 2220004051

Style Duplex,Farmhouse

Bedrooms 5

Full Baths 5

Year Built 1900

Annual Tax Amount $6,552

Lot Size 21.590 Acres

Property Sub-Type Duplex,Farmhouse

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 Fenton Twp

Zoning Agricultural

Interior

Heating Forced Air, Hot Water

Building

Foundation Crawl

Sewer Septic Tank (Existing)

Water Well (Existing)

Structure Type Other,Vinyl

Schools

School District Lake Fenton

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Realcomp MLS
Listed by David D Misko of Van Esley Real Estate Inc
Bought with Van Esley Real Estate Inc
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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