Fenton, MI 48430 9762,3231 RAY Road
Fenton, MI 48430 9762,3231 RAY Road
Fenton, MI 48430 9762,3231 RAY Road
35
$775,000
$850,000
8.8%
Est.Price: ?

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5 BA
3,477 SqFt

3231 RAY Road Fenton, MI 48430 9762

Est. payment /mo
SOLD DATE : 08/11/2025

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Key Details

Sold Price $775,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,477 sqft

Price per Sqft $222

Subdivision Mi

MLS Listing ID 60023425

Sold Date 08/11/25

Style 1 1/2 Story

Full Baths 5

Year Built 1900

Annual Tax Amount $6,552

Lot Size 21.590 Acres

Acres 21.59

Lot Dimensions 435 x 1385 x 679 x 1133 x

Property Sub-Type Multi-Family

Property Description

Five (5) unit apartment building on 21.59 acres with room for expansion. This property also has a 5,000 sq pole barn that has a concrete floor, electricity, spray foam insulation ($30,000), a bathroom, and an office. The pole barn is not rented and can provide extra income of approximately $2,500.00 per month. For additional income, there is also a billboard which currently receives $750.00 per month for one side and $4,500.00 per year for the other. In addition to that, this 21.59 acre property has approximately 1,385 feet of frontage on US-23, and approximately 20 acres for farming with income of approximately $900.00 per year. Some updates in the farmhouse include some new flooring, bathroom tile and paint. This is an excellent investment opportunity. CITY WATER IS COMING TO THOMPSON RD THIS SUMMER & TORREY RD NEXT SUMMER! DO NOT DISTURB THE TENANTS! ALL RESIDENTIAL UNITS ARE OCCUPIED! NO SHOWINGS WITHOUT AN ACCEPTED OFFER. All information is estimated and should be verified.

Location

State MI

County Genesee

Area Fenton Twp (25005)

Zoning Agricultural

Rooms

Basement Block

Interior

Heating Forced Air, Hot Water

Fireplace No

Exterior

Exterior Feature Other, Vinyl Siding

Building

Story 1 1/2 Story

Foundation Crawl

Water Private Well

Structure Type Other,Vinyl Siding

Schools

School District Lake Fenton Schools

Others

Ownership Private

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Van Esley Real Estate Inc
Bought with LPS

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agent

Celeste Moughler

Agent | License ID: 6​5​0​1​4​5​6​4​9​0

+1(989) 906-3270

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