MLS # 20251016945 (Realcomp)

**Excellent opportunity to own a long term solid 2 unit investment property to add to your portfolio **One unit currently leased, allowing you to put your own tenant in the other unit and set your own monthly rate**Are you just starting out, or downsizing? Why not live in one unit and lease the other one?**Townhouse style units featuring 1.5 baths each, large and open living room/kitchen area, with doorwall to deck, 1/2 bath, laundry area and access to garage complete the first floor(s)**The second floor(s) each have 2 generous sized bedrooms and full bath**Ceiling fans throughout, Most Mechanicals and appliances have all been replaced within the past 10 years, new fridge in 507(see attached list),**All utilities, including water and sewer are metered separately and paid by tenants**Short distance to downtown, shopping and local eateries**DO NOT APPROACH PROPERTY WITHOUT AN APPOINTMENT AND ACCOMPANIED BY A REAL ESTATE AGENT**
Source: SparkMLS
This 4-bath home built in 1992 sits in Handy Township in Fowlerville.
Closed at $288,000.
Estimated annual property tax: $4,824, or about $402 monthly. 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. Broadband is available with download speeds up to 2,000 Mbps from 10 providers.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
05-15-20-051 PARTOF LOT 31 ASSESSOR'S PLAT NO 4 VILLAGE OF FOWLERVILLE. COMM ME COR LOT 31 TH S89*W 235 FT TO POB TH S 125 FT TH S89*W 80 FT TH N 125 FT TH N89*E 80 FT TO POB. .23 AC M/L PAR A SPLIT 6-94 FROM 047
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Laura L Toms
Century 21 Affiliated
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
2 Gbps
Upload
250 Mbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
505 Garden Lane, Fowlerville, MI 48836
View full property history →
Municipality
Handy Township
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County
Livingston County
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