Basics
| Status Active | Category ResidentialIncome | Type MultiFamily | Year built 1940 |
| Area, sq ft 1300 sq ft | MLS ID 20261057139 | Date added Added 4 hours ago | Bathrooms Full 2 |
| Lot Size Acres 0.51 acres | Address FraserCity_Macomb, Michigan, 48026 |
Description
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Description:
One of Fraser's most unique investment opportunities is now available! Properties like this rarely come to market, featuring two separate single-family homes on one oversized parcel. In fact, it has been more than two years since a multifamily property has sold on the MLS in Fraser, making this an exceptionally rare opportunity. Whether you're an investor looking for strong cash flow or a buyer interested in house hacking, this unique property offers the flexibility to generate approximately $2,050 per month in potential gross rental income when both homes are leased. The front home offers approximately 700 square feet with 2 bedrooms and 1 full bathroom. It is currently vacant, making it ideal for an owner-occupant or ready to lease immediately. This home will typically rent for approximately $1,200 per month with the use of the detached two-car garage. The rear home features approximately 600 square feet with 1 bedroom and 1 full bathroom. It is currently leased to an excellent month-to-month tenant paying $850 per month, providing immediate rental income while maintaining flexibility for the future. Each home has its own gas, electric, and water meters, making utility management simple and convenient for both owners and tenants. Situated on an incredible 75' x 297' lot (over half an acre), this property offers an expansive backyard and privacy rarely found in Fraser. The oversized lot provides endless possibilities while creating a unique setting for two separate homes on one parcel. Whether you're looking to expand your investment portfolio, offset your mortgage by living in one home while renting the other, or own a truly one-of-a-kind property, opportunities like this don't come around often. Please note: The photos included in the listing are of the front home only. The front home is available for showings with an approved appointment. To respect the privacy of the current tenant, the rear home will be shown only after an accepted offer.DO NOT DISTURB TENANT
Rooms
- Bathrooms: 2 baths
Building Details
- Construction Materials: Brick
- Architectural Style: Ranch
- Basement YN: No
- Sewer: PublicSewer
- Heating: ForcedAir, NaturalGas
- Garage YN: Yes
- Levels: One
Location
- City / Department: FraserCity_Macomb
- State: Michigan
- Zip / Postal Code: 12558
- County Or Parish: Macomb
Amenities & Features
- Waterfront YN: No
- Pool Features: None
- Fireplace YN: No
- Pool YN: No
- Parking Features: Garage
- WaterSource: Public
Financial
- Homestead YN: No
School Information
- High School District: Fraser
Miscellaneous
- Listing Terms: Cash, Conventional, FHA
- Pets Allowed: Yes
Courtesy of
- List Office Name: Elementary Homes LLC