45416 M-51 $499,900

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    45416 M-51 Decatur, MI 49045

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 24010619
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    Views: 19 Days On Site: 57

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    Property Details

    Welcome to an exciting investment opportunity - a six-unit property situated on seven wooded acres, offering immense potential for both immediate and future expansion. Each unit features two bedrooms and one bathroom, offering comfortable living spaces for residents. While the interiors are in need of updating, this presents an opportunity to revitalize each unit with modern finishes and amenities. One of the remarkable aspects of this property is the potential for future expansion. With seven acres of wooded land at your disposal, the possibilities for growth are endless. Explore the opportunity to add additional units or even develop recreational amenities that enhance the overall appeal of the property. This ability to expand ensures long-term growth and increased profitability.

    • General Features
      • Year Built 1978
      • Property Sub Type 5+ Units
      • County Or Parish Van Buren
      • New Construction Y/N false
      • Tax Annual Amount 7212.0
    • Building Features
      • Cooling Central Air
      • Cooling Yn true
      • Construction Materials Wood Siding, Stucco
      • Heating Forced Air, Baseboard
      • Heating Y/N true
      • Number Of Units Total 6
      • Roof Composition
      • Bathrooms 0
      • Parking Total 10.0
      • Sewer Septic System
    • Property Features
      • Lot Features Wooded
      • Road Surface Type Paved
      • Number Of Buildings 1
      • Lot Size Area 7.07
      • Lot Size Acres 7.07
      • Utilities Natural Gas Connected
      • Waterfront Y/N false
    • Schools
      • High School District Decatur

    Contact

    David Cerven

    Realtor

    RE/MAX Advantage

    Direct: 269-488-6555

    Neighborhood

    49045 (Decatur) Demographics

    48 Median Age
    62 Population Density (per sq. mile)
    25% College Educated
    $48,318 Estimated Median Income
    1,927 Estimated Total Home Owners
    486 Estimated Total Renters
    80% / 20% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    5,569 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $265,000 Median Sales Price
    6 Homes Sold
    11 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $499,900
        4/9/2024 9:44:25 AM Status Changed Source: Multiple Listing Service New Value: Pending
        3/5/2024 2:45:00 PM New in Database Source: Multiple Listing Service New Value: $499,900

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        Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS (or MichRIC) Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Updated on 5/1/2024 6:45:13 AM PST. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.