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896 N Huron

Linwood, MI 48634
  • $117,500
  • STATUS: Pending
  • ON SITE: 63 Days
  • MLS #: 50078820
Pending
UPDATED: 43 min ago
$117,500
  • 8
    BEDS
  • 7.85
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,200
    SQFT
  • $37
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:
Bay

School Ratings & Info

School District:

Description

Unique and rare opportunity! 5 Individual rentals on 1 property. Each rental has its own storage shed. There are two 2 bedrooms,one 3 bedroom, two 1 bedroom rentals. Long term tenants, rents are low due to owner feeling they've been good long term tenants. Property was previously a trailer park with 50 sites, but now overgrown, future trailer parks or RV/campgrounds are not allowed. Located not far from Saginaw Bay. Wooded to rear of property. Tenants pay own gas & electric, owner pays water-which was $132 last quarter-not been higher than $200 per quarter, has septic. Square feet is a combination of units and only approximate. Lot size is irregular, survey on file. 3 BR Unit rents $450/month, $350 security deposit, been there approx 3 years. 2 BR small home $400/mo, $375 security deposit, been there since 2003. 2 BR trailer $400/mo, $300 security deposit, been there since 2003. 1 BR trailer rents for $450/month. 1 BR rents for $350/month. Rents are low and should be adjusted to market rates, but Seller has appreciated long term tenants. Seller pay $26.01/quarterly fee for sewer line on Huron Road, but has chosen not to connect. Would be required to connect if septic system were to fail in future, the assessment was paid in full in 2019. Per zoning official of Fraser Township, no new structures or trailers can be brought in and will need to be deed restriction, current rentals/trailer can be maintained, just no new ones allowed.

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©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' 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 is deemed reliable but is not guaranteed accurate by the MLS or The Tom Lipinski Team at Keller Williams Lakeside Market Center. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2022-08-19T08:49:58.577.
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896 N Huron Linwood, MI 48634

  • Price: $117,500
  • Status: Pending
  • On Site: 63 Days
  • Updated: 43 min ago
  • MLS #: 50078820
8
Beds
5
Baths
0
½ Baths
7.85
Acres
3,200
SQFT
$37
$/SQFT
Neighborhood:
None
County:
Bay
Area:
Fraser Twp (09004)
School District:
Pinconning Area Schools
Property Description
Unique and rare opportunity! 5 Individual rentals on 1 property. Each rental has its own storage shed. There are two 2 bedrooms,one 3 bedroom, two 1 bedroom rentals. Long term tenants, rents are low due to owner feeling they've been good long term tenants. Property was previously a trailer park with 50 sites, but now overgrown, future trailer parks or RV/campgrounds are not allowed. Located not far from Saginaw Bay. Wooded to rear of property. Tenants pay own gas & electric, owner pays water-which was $132 last quarter-not been higher than $200 per quarter, has septic. Square feet is a combination of units and only approximate. Lot size is irregular, survey on file. 3 BR Unit rents $450/month, $350 security deposit, been there approx 3 years. 2 BR small home $400/mo, $375 security deposit, been there since 2003. 2 BR trailer $400/mo, $300 security deposit, been there since 2003. 1 BR trailer rents for $450/month. 1 BR rents for $350/month. Rents are low and should be adjusted to market rates, but Seller has appreciated long term tenants. Seller pay $26.01/quarterly fee for sewer line on Huron Road, but has chosen not to connect. Would be required to connect if septic system were to fail in future, the assessment was paid in full in 2019. Per zoning official of Fraser Township, no new structures or trailers can be brought in and will need to be deed restriction, current rentals/trailer can be maintained, just no new ones allowed.
Exterior Features

Exterior Construction AluminumWood Foundation Type Slab Garage Type Detached Garage Lot Size Irreg Structure Style 1 Story Waterfront YN No

Interior Features

Basement YN No Fireplace YN No Fuel Type Natural Gas Heating System Wall HeatForced Air

Property Features

Additional Documents YN Yes Assessments YN No Financial Terms CashConventionalLand Contract For Sale Or Rent For Sale Lease YN No Municipality Fraser Twp Municipality Type Township Occupancy Sttr Ownership Private Principal Res Exempt YN No Property Type Multi-Family Separate Electric YN Yes Separate Gas YN Yes Separate Heat YN Yes Separate Water YN No SEV 52500 Sev Year 2022 Sewer Septic Septic Subject To Short Sale Approval No Summer Tax Amount 321.25 Summer Tax Year 2021 Total Tax Amount 1554.5 Total Tax Year 2021 Unit1 Occupied YN Yes Unit1 Rent Rate 450 Unit2 Occupied YN Yes Unit2 Rent Rate 400 Unit3 Occupied YN Yes Unit3 Rent Rate 400 Unit4 Occupied YN No Unit4 Rent Rate 350 Unit5 Occupied YN Yes Unit5 Rent Rate 450 Water Public Water Winter Tax Amount 1233.25 Winter Tax Year 2021

Listing courtesy of Bay Area Real Estate : 989-686-3300.

Source MLS: MiRealSource
Originating MLS: Bay County AOR MLS

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' 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 is deemed reliable but is not guaranteed accurate by the MLS or The Tom Lipinski Team at Keller Williams Lakeside Market Center. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2022-08-19T08:49:58.577.
 
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45609 Village Blvd.
Shelby Township MI, 48315