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21710 29 Mile, Ray, MI 48096

Local realty services provided by:CENTURY 21 Realty North
21710 29 Mile,Ray, MI 48096
$375,000
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  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:
MLS#:50182366
Source:MI_REALSOURCE

Price summary

  • Price:$375,000

About this home

Welcome to this fantastic investment opportunity in a prime location! This 2-story 3 unit building features two spacious apartments upstairs, each 938 sqft with 2 bedrooms and 1 bath. The lower level is 1876 sqft currently being used as living quarters but can be reverted back to business use as store, retail, office and more, offering endless possibilities for additional income streams. Each unit provides a private entrance. Located in an area with high traffic counts and high visibility. This property is perfect for entrepreneurs looking to establish a business in a prime community. The apartments provide a steady rental income, making this property a lucrative investment for any savvy investor. CAP RATE 8% or more (current rent is well below area average). Land contract available. We will consider all reasonable offers. Huge lot would allow plenty of space for expansion. Tenant pays all utilities.

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Home facts

  • Year built:1942
  • Listing ID #:50182366
  • Added:272 day(s) ago
  • Updated:January 01, 2026 at 11:18 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air

Structure and exterior

  • Year built:1942
  • Lot area:0.65 Acres

Utilities

  • Water:Private Well
  • Sewer:Septic

Finances and disclosures

  • Price:$375,000
  • Tax amount:$2,186

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