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USAMIRay Twp21710 29 Mile Rd
50182366-F4F2905C-6DE6-45FD-8FB7-748D34506B37.JPG | Image 1
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21710 29 Mile Rd, Ray Twp, MI

Real Estate

For Sale

Listed price in listed location currency (USD).
$375,000

530

MLS® 58050182366

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3752 sqft
Garage No
Taxes $1,853
Days Active 99
Lot Size 
Approx. Age 1942
Avg. Price Per Sqft $99
MLS® Number 58050182366

Property Address: 21710 29 Mile Rd, Ray Twp, MI, 48096-2600

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number58050182366
Laundry Level
Central VacNo
FireplaceNo
Acreage0.65
Exterior
GarageNo
Approx. Age1942
Basement
DrivewayAssigned 2 Spaces
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 21, 2025List Date
$375,000List Price
  • Commute

Commute

Starting Address
Destination Address
21710 29 Mile Rd, Ray Twp, MI

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