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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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18391 Masonic , Fraser, MI 48026
$199,900
Est. Payment: $444.22/mo
2 Bath
0.36 Acres
Status: active | Days on site: 101
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Jim Blehm
Team Owner, Realtor®

House Description

Looking for an immediate cash flow property? Or maybe an affordable starter home? Look no further! The possibilities here are endless. Currently this home is being utilized as a 2 unit rental.Unit #1 (2bed 1bath) signed leased began on 8/22/2026 and unit #2 (1bed 1bath) occupied with a long term renter, offering immediate cash flow. With an easy conversion back to a single family residence offering 3 bedrooms and 2 full bathrooms, this property would make an incredible starter home or single family rental. Truly, the possibilities are endless. Completely updated throughout, a common basement with shared laundry, large backyard, and close to school and amenities, 18391 Masonic has it all. Schedule your showing today! BATVAI. Licensed agent to be physically present for all showings and inspections.

Highlights

Listed by Jordan Boulton , 810-358-4574 Five Star Real Estate Davison , 810-991-9260. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.36

HOA Fee

Year Built

1950

County

Macomb

Neighborhood

City of Fraser

School District

Fraser

Listing ID

20261057491

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:2
Air Cond:Window Unit(s)
Fireplaces:
Basement:Slab
Water:Public

Exterior Features

Principal Interest
$444
Taxes
$445
HOA
$0

Home Price

$199,900

Loan Details

30 yrs
0%

Down Payment

20%
$39,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$444.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $444.22 $444.92 $0.00 $889.14
Yearly $5,330.67 $5,339.00 $0.00 $10,669.67
Total $159,920.00 $160,170.00 $0.00 $320,090.00
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Fraser, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-11-02T20:20:57.000Z

© 2026 MichRIC