About This Home
This 3-bedroom, 1-bathroom single family at 9526 W Monroe in Elwell, MI is listed for $195,000 ($138 per sqft). Built in 1960, the home offers 1,416 sqft of living space on a 3.06 acres lot.
Key Features
- Built in 1960
- 3.06 acre lot
- Fireplace
Property Details
Amenities
Charming country living with incredible income potential! This unique 3-bedroom, 1-bathroom home sits on just over 3 rolling acres in Elwell, offering the perfect blend of private, rural space and functional features. The acreage is a nature lover's dream, featuring a serene pond, a dedicated garden shed, and beautiful flowering trees and bushes that burst with color in the spring.
Storage and workspace are abundant thanks to the large pole barn, perfect for housing equipment, tools, or outdoor toys. Adding massive value to this property are two single-wide trailers located on-site. While they need some TLC, both have a proven history as successful rental units, making this a rare opportunity for an investor or a homeowner looking to offset their mortgage with passive income.
Whether you are looking for a homestead with room to grow or a multi-unit investment project, this Elwell property is packed with possibilities.
Monthly Cost Estimate
$1,043/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
9526 W Monroe
Elwell, MI 48832
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Outdoor Features
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom single family at 9526 W Monroe is listed at $195,000 ($138/sqft). The estimated monthly payment is $1,043 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1960, 3.06 acre lot, Fireplace. Interior Features: Bay Window(s), Foyer Entrance, Solarium/Sun Room. Exterior Features: Fenced Yard, Countryside View, Seasonal View.
This property is listed by Charliene Bryant and can be reached at 9895066583.