Address
45416 M-51, Decatur, MI
Price
$ 499,900
Property Attributes
- MLS#24010619
- TypePending
- CountyVAN BUREN
- CityDecatur
- AreaDecatur Twp
- NeighborhoodDecatur Twp
- Zip49045
- Style5+ Units
- Year Built1978
- Taxes$ 7212
- Price$ 499,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7.07 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
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.
| Price History | |
|---|---|
| 3/5/2024 | Listed $499,900 |
General Features
| Sewer | Septic System |
|---|---|
| Heating | Forced Air,Baseboard,Electric,Natural Gas |
| Cooling | Central Air |
| Utilities | Phone Available,Public Water Available,Natural Gas Available,Electric Available,Cable Available,Natural Gas Connected,Electric Connected |
| Possession | Negotiable |
| Roof | Composition |
| Construction Materials | Wood Siding,Stucco |
| Year Built | 1978 |
| Tenant Pays | Electric,Water,Trash Collection,Gas |
| Township | Decatur Twp |
| Property SubType | 5+ Units |
| Tax Year | 2023 |
| OwnerPays | None |
| County | Van Buren |
| New Construction | No |
| Property Type | Multi-Family |
| Attached Garage | No |
| Status | Pending |
| Directions | From I 94 take exit 56 South on M-51 through Decatur. Just outside the Village Limit. |
| City | Decatur |
| High School District | Decatur |
| Total Units | 6 |
| MLS Area | Greater Kalamazoo - K |
| Lot Size Square Feet | 308152.0 |
| Waterfront Y/N | No |
| Street Name | M-51 |
| Land Lease Y/N | No |
| Tax Annual Amount | 7212.0 |
| Lease Renewal Y/N | No |
| MLS Area Minor | Greater Kalamazoo - K |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 33 |
| Standard Status | Pending |
| Tax Assessed Value | 131800 |
| MobileHomeRemainsYN | No |
| Legal Description | See attached Survey |
| Senior Community | None |
Interior Features
| Basement | Full |
|---|---|
| Total Fireplaces | 1 |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| BuyerOfficeEmail | [email protected] |
| Laundry Features | In Unit |
| Electric On Property Y/N | No |
Exterior Features
| Parking Features | Driveway,Gravel |
|---|---|
| Lot Features | Wooded |
| Total Parking | 10.0 |
| Lot Size Area | 7.07 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | Irregular |
| BuyerOfficeFax | 269-323-1138 |
| Lot Size Acres | 7.07 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 49045
Price
Taxes
Visits
Year Built
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update May 11, 2024 3:59 AM UTC
Water Wonderland Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
