$449,500
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58146 M 40 Jones, MI 49061
26.83 Acres Lot
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Municipality Newberg Twp
MLS Listing ID 23029092
Sold Date 11/30/23
Year Built 1990
Annual Tax Amount $7,307
Tax Year 2022
Lot Size 26.830 Acres
Acres 26.83
Lot Dimensions Irregular (716 ft of frontage)
Property Sub-Type 5+ Units
Source Michigan Regional Information Center (MichRIC)
Property Description
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.
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Location
State MI
County Cass
Area Southwestern Michigan - S
Direction From intersection of M-40 & M-60, head north on M-40. Just past speedway, property is on the West side of the road just south of Mann St.
Rooms
Basement Slab
Interior
Heating Solar, Propane, Forced Air, Baseboard, Electric
Cooling Wall Unit(s)
Fireplaces Number 4
Exterior
Parking Features Driveway, Gravel
Utilities Available Phone Available, Electric Available, Cable Available, Broadband Available, Phone Connected, Propane Connected, Electric Connected, Cable Connected
View Y/N No
Roof Type Composition
Handicap Access Accessible Bath Sink, No Step Entrance
Total Parking Spaces 20
Building
Lot Description Rolling Hills, Recreational, Wetland Area, Wooded
Sewer Septic System
Structure Type Wood Siding
New Construction No
Schools
School District Marcellus
Others
Tax ID 14-080-015-002-01
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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