Buckley, MI 49620,9272 M-37
Buckley, MI 49620,9272 M-37
Buckley, MI 49620,9272 M-37
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$814,900
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4 BD
2 BA
1,416 SqFt
Price Dropped by $13K

9272 M-37 Buckley, MI 49620

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UPDATED:

09/27/2024 10:02 AM

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,416 sqft

Price per Sqft $575

MLS Listing ID 80049971

Style 2 Story

Bedrooms 4

Full Baths 1

Half Baths 1

Abv Grd Liv Area 1,416

Year Built 1978

Lot Size 9.980 Acres

Acres 9.98

Lot Dimensions 263x1347x328x1347

Property Description

Welcome to a unique Northern Michigan property along M-37 that blends residential comfort, immediate income, and vast development potential. Whether you seek a private estate, homestead, or multi-family investment, this estate delivers. The property features a spacious single-family home with four additional rental units, generating immediate income. The main house offers 4 bedrooms and 1.5 baths, with a basement apartment rented for $700 monthly. Two connected units rent for $750 and $800, while a separate unit brings in $1,100 per month. The back portion of the property, accessible via a separate drive, is ready for further development. Imagine adding two 4-plex apartments or condominiums, expanding your income stream. Alternatively, transform it into a wedding venue, with existing units serving as guest accommodations. This estate also includes a "you-pick" farm with blueberry, raspberry, and blackberry bushes, adding charm and sustainable living options. Located just a short drive from Flintfields Horse Park in Williamsburg, home to the Traverse City Horse Shows, this property is ideal for equestrian enthusiasts. Its proximity to these prestigious events makes it appealing for those in the equestrian community. Surrounded by state-owned land and near Fish Lake, the property ensures privacy and protection from future development. Whether envisioning a family compound, boutique farm, or base for horse show participants, the possibilities are endless. Additionally, there’s potential to convert existing units into individual condos for a profitable investment. Don’t miss this opportunity to own a versatile property that combines flexibility, income potential, and an unbeatable Northern Michigan location. See 360 Virtual Tour to see all the units. Pictures on this listing are of the owner's unit only -- also listed as a multi-family unit in the MLS where you can find some pictures of the other units.

Location

State MI

County Grand Traverse

Area Mayfield Twp (28009)

Zoning Agricultural,Multi-Family,Residential

Rooms

Basement Block, Egress/Daylight Windows, Finished, Full, Outside Entrance, Interior Access

Interior

Interior Features Security System, Window Treatment(s)

Hot Water Propane Hot Water

Heating Forced Air

Cooling Central A/C, Exhaust Fan

Appliance Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer

Exterior

Garage Carport

Garage Spaces 6.0

Amenities Available Trail(s)

Waterfront No

Building

Story 2 Story

Water Private Well

Architectural Style Colonial

Structure Type Vinyl Siding

Schools

School District Buckley Comm School District

Others

Ownership Private

Energy Description LP/Propane Gas

Financing Cash,Conventional,Exchange/Trade,FHA,VA,Rural Development,MIStateHsDevAuthority


MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Net Real Estate

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Scott Clay

Broker/Owner | License ID: 6502432343

+1(989) 332-1712

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9272 M-37