351 W Main

Vanderbilt, MI 49795
  • $185,900

    Price
  • 5

    Bed
  • 3

    Bath
  • 2,000

    SqFt

About the Listing 30905 - sbr490501785

Multi-unit investment opportunity in Vanderbilt, just minutes from Gaylord and nearby hospital access. This property offers flexible rental potential with three units and is well-positioned for furnished mid-term rental use, including traveling nurses and short-term tenants. Seller reports strong demand through Furnished Finder and is currently transitioning the property toward fully furnished rentals. One unit is currently occupied at $1,600/month, while the other units are expected to be vacant. Seller projects higher rental potential during the summer season when operated as furnished units. Recent improvements include a newer roof, rebuilt exterior wall section, updated flooring, refinished walls, insulated roof work, recessed lighting, and two solar vents added to help with prior ice dam concerns. The property includes a well, brand-new septic system, multiple storage buildings, a 12x10 outbuilding with loft, furnishings, rugs, décor, picnic table, firepit, lawnmower, and additional materials the seller may leave with the sale. Exterior cleanup and finishing touches are still needed, but much of the setup is already in place for someone looking to operate furnished rentals in a resort-area market.

Listing Highlights

Status Active
Days on Site 20
Property Type Multi-Family
MLS ® 50209253
Year Built 1986
Total Square Footage 2,000
Lot/Acreage 0.19

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances: Range/Oven, Refrigerator, Washer
  • Air Cond: Ceiling Fan(s),Wall/Window A/C
  • Heating: Wall Heat
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2000
  • Below Ground Sq Ft: n/a
  • Basement: Block
  • Other: Cable/Internet Avail.,Furnished
  • Water: Private Well

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 8276
  • Roof:
  • Others: Porch
  • Sewer: Septic

Financial Details

  • Tax Amount: $2,493
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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351 W Main Vanderbilt, MI 49795

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Originating MLS: Saginaw Board of REALTORS

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