31709 Grove, Fraser, Michigan 48026

$209,900

Property Details

MLS#: 20261057139
Bedrooms: N/A
Bathrooms: 2
Square Feet: 1,300
Price per Sqft: $161
Lot Size: 0.51 acres
Year Built: 1940
Property Type: ResidentialIncome
Status: Active
Days on Market: 8

Description

***Open House Saturday 8/1 from 11:30-1:30*** One of Fraser's most unique investment opportunities is now available! Properties like this rarely come to market, featuring two separate single-family homes on one oversized parcel. In fact, it has been more than two years since a multifamily property has sold on the MLS in Fraser, making this an exceptionally rare opportunity. Whether you're an investor looking for strong cash flow or a buyer interested in house hacking, this unique property offers the flexibility to generate approximately $2,050 per month in potential gross rental income when both homes are leased. The front home offers approximately 700 square feet with 2 bedrooms and 1 full bathroom. It is currently vacant, making it ideal for an owner-occupant or ready to lease immediately. This home will typically rent for approximately $1,200 per month with the use of the detached two-car garage. The rear home features approximately 600 square feet with 1 bedroom and 1 full bathroom. It is currently leased to an excellent month-to-month tenant paying $850 per month, providing immediate rental income while maintaining flexibility for the future. Each home has its own gas, electric, and water meters, making utility management simple and convenient for both owners and tenants. Situated on an incredible 75' x 297' lot (over half an acre), this property offers an expansive backyard and privacy rarely found in Fraser. The oversized lot provides endless possibilities while creating a unique setting for two separate homes on one parcel. Whether you're looking to expand your investment portfolio, offset your mortgage by living in one home while renting the other, or own a truly one-of-a-kind property, opportunities like this don't come around often. The front home is available for showings with an approved appointment. To respect the privacy of the current tenant, the rear home will be shown only after an accepted offer. DO NOT DISTURB TENANT

Location

This property is located in Fraser, Michigan. Fraser is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 31709 Grove?

31709 Grove is listed at $209,900, or $161 per square foot.

How many bedrooms does 31709 Grove have?

This property has N/A bedrooms and 2 bathrooms, with 1,300 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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