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$275,000

Beds
3
Baths
1.5
sq ft
1,212

4971 Elm St, Newport, MI 48166

4971 Elm St

Frenchtown Twp, MI 48166

  • 133 days on market
Charming Cape Cod Home in Brest Bay Subdivision comes with 10 lots-5 lots on Elm Street (#205 to #209) & 5 lots on Sycamore (#81-85) for a total of 200x200 Total Area and .92 Total Acres. This property has so much potential! This is an investor's dream as Seven of the lots are vacant and can be used to build dream homes one block from Lake Erie. The house itself is "a diamond in the rough" with a one car attached garage and features a 2-car detached 32x26 garage with mechanic's shop and air compressor which is perfect for the automotive enthusiast. There is also a 32x14 exterior concrete pad to park a camper, motor home, golf cart or ATV right next to the detached garage and there is a large gravel area in front of the garage perfect for lots of parking space when the new owners invite family & friends over for entertaining. The existing house would also make a wonderful rental income property while you build your dream home on two of the lots and sell the remaining lots for others to build their new houses by the Lake. Enjoy your Private Access to Lake Erie at the end of the Street and use the Boat Launch, Beach, Pavilion and Park and enjoy Private Lake Erie Access which are all part of the highlights of this property. This cozy house sitting on 10 lots with Private Lake Erie Access is a rare find and is waiting for the water enthusiast, fisherman, boater, kayaker and/or investor to make Brest Bay Grove their new home or investment opportunity. Please bring your best offer as Sellers are motivated and welcome an opportunity to review your best offer.

Details

Property type

Single Family Residence

Lot size

0.92 acres

Price per sq ft

$227

Year built

1950

Annual property taxes

$1,911.29

Monthly HOA fee

$5

Price History

06/24/2024
Realcomp

Realcomp #57050146315

Listed
$275,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Jefferson Schools-Monroe Co

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Status: Active

Tomo last checked: 11/05/2024 at 5:50 AM

Listing updated: 08/08/2024 at 12:13 PM

Listed by: Dione Oerther, Berkshire Hathaway Hudkins Realtors-Monroe Phone #: (734) 242-4700

MLS: Realcomp #57050146315

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