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Jim Blehm

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

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654 N Blacks Corners Rd , Imlay City, MI 48444
$299,900
Est. Payment: $666.44/mo
5 Bed
3 Bath
5304 Sqft
Status: Active | Days on site: 15
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House Description

Unique investment opportunity situated on approximately 1.04 acres! This property features two separate addresses on one parcel, an impressive 6-car garage, plus two pole barns, offering plenty of room for vehicles, storage, equipment, and more. Over $80,000 in upgrades, including a newer metal roof, newer flooring, fresh paint, newer furnace, and newer hot water tank. The lower unit is currently tenant-occupied at $1,400 per month with an active lease, while the vacant upper unit offers potential rental income of up to approximately $1,500 per month. That’s a potential combined rental income of approximately $2,900 per month. A great opportunity for an investor or owner-occupant looking to live in one unit while collecting income from the other. With 1.04 acres, two units, a 6-car garage, and two pole barns, this is a property you don’t come across every day. Batavia

Highlights

Listed by Marvin Nafsu , 586-565-2255 Showtime Realty , 586-262-4775.

Property Type

Residential

Lot/Acreage
1.04

Year Built

1966

County

Lapeer

Neighborhood

Imlay Twp

School District

Imlay City

Listing ID

20261070372

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Air Cond:Central Air
Fireplaces:
Basement:Slab
Water:Well

Exterior Features

Roof:Metal
Sewer:Septic Tank
Parking Features:Attached
Principal Interest
$666
Taxes
$420

Home Price

$299,900

Loan Details

30 yrs
%

Down Payment

20%
$59,980
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:
$666.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $666.44 $419.75 $0.00 $1,086.19
Yearly $7,997.33 $5,037.00 $0.00 $13,034.33
Total $239,920.00 $151,110.00 $0.00 $391,030.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Imlay City, 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.