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$ 599,000
Est. payment | /mo
6 Baths
2.19 Acres Lot
$ 599,000
Est. payment | /mo
6 Baths
2.19 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Municipality Frenchtown Twp
Subdivision Frenchtown Twp
MLS Listing ID 50201871
Year Built 1917
Lot Size 2.190 Acres
Acres 2.19
Lot Dimensions 210.17 X Irr
Source MiRealSource
Property Description
Unique opportunity to own a piece of Monroe history—the original Woodland Farms homestead! This multi-unit property features a stand-alone 3 bedroom, 1 bath home with full basement (Unit 6) plus five additional rental units. Units 1–3 offer full basements, while Units 4 & 5 provide convenient single-floor living. Units 1–5 have been recently updated with paint, flooring, kitchens, and bathrooms. Separate heating and electric for all units with shared water expenses. All units include washer/dryer hook ups with Units 4 & 5 sharing a utility room. Property also includes four garage spaces with an attached enclosed office area for additional rental or storage opportunities. The original 38x175 dairy barn with loft features new metal siding and an updated roof. Significant income potential awaits your imagination: storage, event center, housing or possible recreational rental facility. Peaceful setting with views of the River Raisin in front and open farmland behind. Direct access to the newly extended Heritage Bike Trail from the front of the property. Excellent owner-occupant or income investment opportunity.
Location
State MI
County Monroe
Area Monroe County - 60
Rooms
Basement Slab
Interior
Heating Forced Air, Hot Water, Wall Furnace
Exterior
View Y/N No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.asteroommls.com/pviewer?hideleadgen=1&token=6YHeCHNhqUKLM2_KlchdCQ
Listed by Coldwell Banker Haynes R.E. in Monroe
Nearby Locations
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Tricia Carlson
REALTOR® | Lic# 6506048426