9272 M-37 $814,900

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    9272 M-37 Buckley, MI 49620

    • 4 Beds
    • 1.5 Baths
    • 1,980 sq. ft.
    • Residential
    • MLS# 1926475
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    Views: 9 Days On Site: 79

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    Property Details

    Description Tours

    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.

    • General Features
      • Approx Year Built 1978
      • Type Residential
      • Type of Ownership Private Owner
      • Town T 25N
      • Township Mayfield
      • Mineral Rights Unknown
      • Energy Efficient Other, Not Applicable
    • Building Features
      • Above Gr. FINISHED SF Apx 1416
      • Additional Buildings Garden/Storage Shed
      • Appliances Equipment Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Security System, Exhaust Fan, Blinds, Drapes, Curtain Rods, Propane Water Heater
      • Condo No
      • Exterior Finish Vinyl
      • Below Gr FINISHED SF Apx 564
      • Below Gr UNFIN SF Apx 0
      • Fireplaces And Stoves None
      • Foundation Full, Block, Entrance Outside, Egress Windows, Plumbed for Bath, Full Finished, Entrance Inside
      • Garage Capacity 6
      • Heating Cooling Sources Propane
      • Heating Cooling Types Forced Air, Central Air
      • INTERIOR FEATURES Formal Dining Room,Drywall
      • Master Bath None
      • # Baths: Lower 0
      • # Baths: Main 1
      • # Baths: Upper 1
      • Bedrooms 4
      • Full Bathrooms 1
      • Half Bathrooms 1
      • Three-Qtr Bathrooms 0
      • Primary Garage Carport, Paved Driveway
      • Roof Asphalt
      • Style 2 Story, Colonial
      • TV Service/Internet Available Cable TV, Cable Internet
      • Bathrooms 1.5
      • Total FINISHED SF Apx 1,980
    • Room Features
      • Bedroom 1 Length Apx 12.3
      • Bedroom 1 Level Upper Floor
      • Bedroom 1 Width Apx 12.6
      • Kitchen Length Apx 11.5
      • Kitchen Level Main Floor
      • Kitchen Width Apx 27.2
      • Laundry Level Upper Floor
      • Living Room Length Apx 11.5
      • Living Room Level Main Floor
      • Living Room Width Apx 15.10
    • Property Features
      • Number of Acres 9.98
      • Water Private Well
      • Water Conservation Rain Water Collection
      • Water Features None
      • Univs Design/Barrier Free None
      • Road Blacktop
      • Sewer Private Septic
      • Driveway Blacktop, Circular
      • Exterior Features Sprinkler System, Deck, Patio, Sidewalk, Fenced Yard, Covered Porch, Landscaped, Garden Area, Porch, Gutters
      • Construction Frame
      • Lot Dimensions 263x1347x328x1347
      • Land Features Wooded-Hardwoods, Working Farm, Evergreens, Level, Sloping
    • Schools
      • School District Buckley Community School Distric

    Neighborhood

    49620 (Buckley) Demographics

    36 Median Age
    50 Population Density (per sq. mile)
    24% College Educated
    $61,184 Estimated Median Income
    786 Estimated Total Home Owners
    140 Estimated Total Renters
    85% / 15% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    2,634 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $209,950 Median Sales Price
    4 Homes Sold
    14 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $814,900
        9/27/2024 4:06:02 AM Status Changed Source: Multiple Listing Service New Value: Active
        9/24/2024 3:21:24 PM Price Reduced Source: Multiple Listing Service New Value: $814,900 -1.58%
        9/24/2024 3:21:24 PM Status Changed Source: Multiple Listing Service New Value: Price Change
        8/30/2024 4:06:04 AM Status Changed Source: Multiple Listing Service New Value: Active
        8/27/2024 5:52:00 PM New in Database Source: Multiple Listing Service New Value: $828,000

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        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.