Multi-unit investment opportunity with land to expand! This 27 acre property has 3 garden style duplexes, each with dual studio rentals. Units had roofs updated in 2017 & many mechanicals were updated at the same time. This property was once known as the Sanctuary at Wildwood. Each unit has an open concept living area with a soaking tub with jets, a fireplace, and sliding doors to enjoy the scenic surroundings. One unit features handicap restroom. One duplex has a solar array that supplies power for two units.
This property is located close to Swiss Valley Ski & Snowboard Area and M-40 Speedway and has potential for STRs as well as space for additional units to be constructed.
Property has an outbuilding for storage of tractor or other maintenance items.
Call for detai
Sold
$405,000
58146 M 40, Jones, MI 49061
2beds
2baths
1,328sqft
5+ Units
Built in 1990
-- sqft lot
$443,700 Zestimate®
$305/sqft
$1,445 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 03, 2023 at 05:46pm
Listed by:
Craig Blough 574-238-1816,
Bartel & Company of Michigan
Bought with:
Linda S Lazarus, 6501380665
Michigan Top Producers
Brandon B Hamilton, 6506047983
Source: MichRIC,MLS#: 23029092
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Baseboard, Forced Air
Cooling
- Wall Unit(s)
Features
- Basement: Slab
Interior area
- Total interior livable area: 1,328 sqft
Property
Parking
- Total spaces: 20
- Parking features: Driveway, Gravel
Accessibility
- Accessibility features: Accessible Bath Sink, No Step Entrance
Lot
- Size: 26.83 Acres
- Dimensions: Irregular (716 ft of frontage)
- Features: Rolling Hills, Recreational, Wetland Area, Wooded
Details
- Parcel number: 1408001500201
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Units
Materials
- Wood Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Phone Available, Electricity Available, Cable Available, Phone Connected, Electricity Connected, Cable Connected, Propane
Community & neighborhood
Location
- Region: Jones
Other
Other facts
- Listing terms: Cash,Conventional
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$443,700
2% more+$8,874
With Zillow Showcase(estimated)$452,574