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5011 S Water Road, New Era, MI 49446

For sale$239,900

Est payment: $ / mo
Bedrooms:7 beds
Bathrooms:4 baths
Sq. Ft.:3,800 sqft
Lot:4 acre
Year Built:1930
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

A unique opportunity to own your residence and have your tenants next door pay your mortgage! Take the risk out of landlord life being right next door to your rental properties. The seller estimates they've had an 85% occupancy rate over the last 20 years! The primary home is 2700 sq ft (1500/1200) on a tuck pointed 4ft thick stone foundation. All but one window was replaced this year on the main home. New roof on the back of home and 15 years on the front. PVC well is 10 years old. Water heater is only a few years old and has a 90% efficiency furnace. Rental houses were built in the 40s. Front unit has a basement and new electrical along with new windows other than one, currently rents $400. The rear unit roof is 10 years old, 4 of the 8 windows were replaced in 2017 and original electric and renting $400 as well. The barn and additional outbuilding provides an abundance of storage or opportunity to start a small farm. Great investment opportunity or retirement plan

Detailed Items

Architecture Style : Other
Has Basement : True
# of Parking Spaces : 10
cooling : Window Unit(s) A/C
exterior : Vinyl Siding
heating : Pellet, Electric, Wood
roof : Metal

Listing info

Listing courtesy of Bellabay Realty SW
Copyright © 2019 ListHub. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

is a multifamily listing of 3,800 sqft on a lot of 4 acre. This multifamily listing has 7 bedrooms, and 4 baths. The map for this location is located at https://maps.google.com/?q=5011+S+Water+Road%2cNew+Era%2cMI%2c49446.


All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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