$275,000
For Sale

4971 Elm Street

Frenchtown, MI 48166
1212 sqft | 3 beds | 1.5 baths | #57050146315
Browse 57 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Charming Cape Cod Home in Brest Bay Subdivision comes with 10 lots-5 lots on Elm Street (#205 to #209) & 5 lots on Sycamore (#81-85) for a total of 200x200 Total Area and .92 Total Acres. This property has so much potential! This is an investor's dream as Seven of the lots are vacant and can be used to build dream homes one block from Lake Erie. The house itself is "a diamond in the rough" with a one car attached garage and features a 2-car detached 32x26 garage with mechanic's shop and air compressor which is perfect for the automotive enthusiast. There is also a 32x14 exterior concrete pad to park a camper, motor home, golf cart or ATV right next to the detached garage and there is a large gravel area in front of the garage perfect for lots of parking space when the new owners invite family & friends over for entertaining. The existing house would also make a wonderful rental income property while you build your dream home on two of the lots and sell the remaining lots for others to build their new houses by the Lake. Enjoy your Private Access to Lake Erie at the end of the Street and use the Boat Launch, Beach, Pavilion and Park and enjoy Private Lake Erie Access which are all part of the highlights of this property. This cozy house sitting on 10 lots with Private Lake Erie Access is a rare find and is waiting for the water enthusiast, fisherman, boater, kayaker and/or investor to make Brest Bay Grove their new home or investment opportunity. Please bring your best offer as Sellers are motivated and welcome an opportunity to review your best offer.

  • Interior Details
      • CoolingCentral Air
      • HeatingForced Air
    • Beds & Baths
      • Total Baths1.10
      • Bathrooms1.5
      • Bedrooms3
      • Full Baths1
      • Half Baths1
  • Property Details
      • Lot FeaturesWater View
    • Measurements
      • Square Feet1212
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1950
  • Community and Neighborhood Details
      • School DistrictJefferson Schools-Monroe Co
      • RegionFrenchtown Twp
      • CountyMonroe
  • Financial Details
      • Original List Price$275,000
  • Other
      • MLS #57050146315

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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