Investment Opportunity: Income-Generating 3-Unit Property on 3/4 Acre Lot If you're looking to diversify your income and make a strategic investment, donâ??t miss this exceptional 3-unit property located on Utica Rd. Situated on a spacious 3/4-acre lot, this property offers strong income potential with all units currently occupied by long-term, reliable tenants. In addition to the residential units, the property includes six garages, all of which are fully rented, providing an additional stream of revenue. Its prime location, adjacent to a popular sports facility and close to major shopping centers, ensures high tenant demand and promising future growth. The expansive lot also presents excellent development potential, offering flexibility for future projects or expansion. This property is perfect for investors seeking consistent cash flow with the added benefit of long-term growth opportunities.
Fraser is located in Michigan. Fraser, Michigan has a population of 14,703. Fraser is less family-centric than the surrounding county with 26.56% of the households containing married families with children. The county average for households married with children is 28.44%.
The median household income in Fraser, Michigan is $59,471. The median household income for the surrounding county is $67,828 compared to the national median of $69,021. The median age of people living in Fraser is 39.1 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 33.7 inches per year, with 30.5 inches of snow per year.
