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Mohamad Fares

soldbymoefares@gmail.com +1(718) 702-2188

$ 445,000

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5200 S Huron Standish Twp, MI 48658

3 Beds

1 Bath

1,590 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Rent

Square Footage 1,590 sqft

Subdivision Standish

MLS Listing ID 77080072067

Style Ranch

Bedrooms 3

Full Baths 1

Year Built 1950

Lot Size 10.230 Acres

Acres 10.23

Property Sub-Type SingleFamilyResidence

Property Description

Outstanding income-producing investment opportunity! This versatile property spans approximately 10 acres, about 8 wooded, and is ideally located just minutes from I-75. The corner location provides convenient side road access directly to the 66' by 100' pole barn, creating excellent functionality for a variety of uses. The property is currently generating 3,000 per month-primarily from the pole barn-with additional income from the three-bedroom, one-bath home. The tenant has been in place for six years and is willing to sign a new lease. The home has been significantly updated with a new roof, new electrical wiring and panel, new furnace, central A/C, water heater, softener, and a new well-minimizing near-term maintenance concerns. As an added advantage, the seller is open to considering owner financing with a substantial down payment. Reliable income, long-term tenant willing to sign, extensive updates, strong access, and financing flexibility make this a compelling opportunity

Location

State MI

County Arenac

Area Area89121Standishtwp

Rooms

Basement Block, Exterior Entry

Interior

Heating Forced Air, Natural Gas

Fireplace Yes

Exterior

View Y/N No

Garage false

Building

Lot Description CornerLot, Wooded

Foundation Block, CrawlSpace

Sewer Septic Tank

Water Well

New Construction No

Schools

School District Standish Sterling

Others

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

Special Listing Condition Standard

Listed by KAREN WILTSE of WILTSE REALTY

GET MORE INFORMATION

+1(718) 702-2188

soldbymoefares@gmail.com

23950 Princeton St, Dearborn, MI, 48124, USA