MLS # 20261040316 (Realcomp)

Excellent investment opportunity featuring three income-producing units in a highly visible location just one block off the Grand River/Main Street corridor. This mixed-use property consists of two commercial storefronts, each offering just over 600 square feet of space, along with a spacious two-bedroom residential apartment of approximately 850 square feet, providing multiple streams of rental income. All units are currently leased with established tenants in place, making this a turnkey addition to your investment portfolio. The commercial spaces were extensively remodeled in 2020 and offer attractive storefront exposure with large front-facing windows. Tenants are responsible for their own utilities, while ownership currently provides water and sewer service. Conveniently located near downtown amenities, major traffic routes, and local businesses, this property offers strong visibility, consistent occupancy, and long-term investment potential. Whether you're looking to expand your portfolio or acquire your first investment property, this well-maintained mixed-use building presents an outstanding opportunity.
Source: SparkMLS
Listed at $225,000.
Annual property taxes run approximately $6,362 ($530/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Paul J Harmon
Harmon Real Estate LLC
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
204 E Grand River Avenue, Fowlerville, MI 48836
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Municipality
Handy Township
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County
Livingston County
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