Rare development opportunity near downtown Fenton with a newly remodeled multi family! This fully furnished 4 unit investment property is a turn-key opportunity for investors looking for a hassle-free rental income stream. With each unit already equipped with high-quality furniture and appliances, this property is ready for immediate occupancy and rental. The added convenience of a fully furnished property can attract higher quality tenants and command higher rental rates, maximizing your return on investment. Zoned MHR - Medium High Density Residential with an opportunity to build additional units on the 181� x 642� lot (see aerial view picture with lot lines). Take advantage of this rare opportunity to own a fully furnished investment property and start generating passive income right away.
Fenton is located in Michigan. Fenton, Michigan has a population of 11,949. Fenton is more family-centric than the surrounding county with 28.46% of the households containing married families with children. The county average for households married with children is 23.76%.
The median household income in Fenton, Michigan is $70,745. The median household income for the surrounding county is $54,052 compared to the national median of $69,021. The median age of people living in Fenton is 38.2 years.
The average high temperature in July is 81.6 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 33 inches per year, with 36.3 inches of snow per year.
