$499,900
Pending

45416 M-51

Decatur, MI 49045
Browse 5 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Welcome to an exciting investment opportunity - a six-unit property situated on seven wooded acres, offering immense potential for both immediate and future expansion. Each unit features two bedrooms and one bathroom, offering comfortable living spaces for residents. While the interiors are in need of updating, this presents an opportunity to revitalize each unit with modern finishes and amenities. One of the remarkable aspects of this property is the potential for future expansion. With seven acres of wooded land at your disposal, the possibilities for growth are endless. Explore the opportunity to add additional units or even develop recreational amenities that enhance the overall appeal of the property. This ability to expand ensures long-term growth and increased profitability.

  • Interior Details
      • HeatingBaseboard, Forced Air
      • CoolingCentral Air
  • Construction Details
      • Property TypeInvestment
    • Condition
      • Year Built1978
  • Community and Neighborhood Details
      • RegionDecatur Twp
      • CountyVan Buren
      • School DistrictDecatur
  • Financial Details
      • Original List Price$499,900
  • Other
      • MLS #66024010619

Location

Alexis ThompsonReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00