$850,000
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3231 Ray Road, Fenton Charter Township, MI 48430

8 Beds
5 Baths
3,477 Sq Ft

Five (5) unit apartment building on 21.59 acres with room for expansion. This property also has a 5,000 sq pole barn that has a concrete floor, electricity, spray foam insulation ($30,000), a bathroom, and an office. The pole barn is not rented and can provide extra income of approximately $2,500.00 per month. For additional income, there is also a billboard which currently receives $750.00 per month for one side and $4,500.00 per year for the other. In addition to that, this 21.59 acre property has approximately 1,385 feet of frontage on US-23, and approximately 20 acres for farming with income of approximately $900.00 per year. Some updates in the farmhouse include some new flooring, bathroom tile and paint. This is an excellent investment opportunity. CITY WATER IS COMING TO THOMPSON RD THIS SUMMER & TORREY RD NEXT SUMMER! DO NOT DISTURB THE TENANTS! ALL RESIDENTIAL UNITS ARE OCCUPIED! NO SHOWINGS WITHOUT AN ACCEPTED OFFER. All information is estimated and should be verified.

  • MLS# 2220004051
  • Date Listed01/24/2022
  • Bedrooms 8
  • Bathrooms 5 Full baths
  • Lot Size 21.59 acres (940,460 sq. ft)
  • Sewer Septic Tank
  • Property Type Multi Family
  • County Genesee
  • Year Built 1900
  • Water Private, Well
  • Square Feet 3,477 sq. ft
  • Price Per Sq. Ft $244.46

Interior Features

  • Cooling None
  • Heating Forced Air, Hot Water, Propane

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 21.59
  • Lot Size SQFT 940,460.40
  • Lot Features -

Financial Considerations

  • Tax Amount $6,552
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in MI / 48430

Source: Walkscore

6/100

Car-Dependent

Walk Score ®

26/100

Bikable

Bike Score ®


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 6/100, Transit Score: 0/100, Bike Score: 26/100.

Property Change History

Agent removed 35 photos from the listing
350 photos
Property Heating updated
PropaneForced Air, Hot Water, Propane
Property description updated with new details

Points of Interest near 3231 RAY Road, Fenton Charter Township, MI 48430

Frequently Asked Questions for 3231 RAY Road

Source: Realty.com

3231 RAY Road, Fenton Charter Township, MI 48430 is a Multi Family, Residential Income property listed for $850,000 The property is 3477 sq. ft with 8 bedrooms and 5 bathrooms

Our records indicate that 3231 RAY Road was built in 1900.

The full address for this home is 3231 RAY Road, Fenton Charter Township, MI 48430.

3231 RAY Road has been listed on Realty.com since Mon January 24, 2022

The average walkability score in the surrounding area is Walk Score: 6/100, Transit Score: 0/100, Bike Score: 26/100.

There are 2 schools assigned to this home. Check out the schools near 3231 RAY Road. Lake Fenton Middle School (Grades: 6 - 8), Lake Fenton High School (Grades: 9 - 12)

Listing provided courtesy of: Van Esley Real Estate Inc (tel: 734-459-7570)
Listing agent: David Misko (tel: 248-207-7388) (#351778)

This content last refreshed on 2025-11-26 23:11:07. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 3231 RAY Road, Fenton Charter Township, MI 48430 : MLS# 2220004051