Linwood, MI 48634,896 N Huron
Linwood, MI 48634,896 N Huron
Linwood, MI 48634,896 N Huron
31
$123,500
$117,500
5.1%
Est.Price: ?

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8 BD
5 BA
3,200 SqFt

896 N Huron Linwood, MI 48634

Est. payment /mo
SOLD DATE : 09/06/2022

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Key Details

Sold Price $123,500

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $38

Subdivision Mi

MLS Listing ID 50078820

Sold Date 09/06/22

Style 1 Story

Bedrooms 8

Full Baths 5

Annual Tax Amount $1,554

Tax Year 2021

Lot Size 7.850 Acres

Acres 7.85

Lot Dimensions Irreg

Property Description

Unique and rare opportunity! 5 Individual rentals on 1 property. Each rental has its own storage shed. There are two 2 bedrooms,one 3 bedroom, two 1 bedroom rentals. Long term tenants, rents are low due to owner feeling they've been good long term tenants. Property was previously a trailer park with 50 sites, but now overgrown, future trailer parks or RV/campgrounds are not allowed. Located not far from Saginaw Bay. Wooded to rear of property. Tenants pay own gas & electric, owner pays water-which was $132 last quarter-not been higher than $200 per quarter, has septic. Square feet is a combination of units and only approximate. Lot size is irregular, survey on file. 3 BR Unit rents $450/month, $350 security deposit, been there approx 3 years. 2 BR small home $400/mo, $375 security deposit, been there since 2003. 2 BR trailer $400/mo, $300 security deposit, been there since 2003. 1 BR trailer rents for $450/month. 1 BR rents for $350/month. Rents are low and should be adjusted to market rates, but Seller has appreciated long term tenants. Seller pay $26.01/quarterly fee for sewer line on Huron Road, but has chosen not to connect. Would be required to connect if septic system were to fail in future, the assessment was paid in full in 2019. Per zoning official of Fraser Township, no new structures or trailers can be brought in and will need to be deed restriction, current rentals/trailer can be maintained, just no new ones allowed.

Location

State MI

County Bay

Area Fraser Twp (09004)

Interior

Heating Wall Heat, Forced Air

Fireplace No

Exterior

Exterior Feature Aluminum, Wood

Garage Detached Garage

Waterfront No

Building

Story 1 Story

Foundation Slab

Water Public Water

Structure Type Aluminum,Wood

Schools

School District Pinconning Area Schools

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Land Contract

Listing Terms Land Contract

Financing Cash,Conventional,Land Contract

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Bay Area Real Estate
Bought with Bay Area Real Estate

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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