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.
Price Change
- Price
- $ 195,000
- City
- Elwell
- Bedrooms
- 3
- Full Bathrooms
- 1
- County
- GRATIOT
- Half Bathrooms
- 0
- Area
- Gratiot
- Lot Size
- 3.06 Acres
- Zip
- 48832
- Sqr Footage
- 1,416
- Year Built
- 1960
- Style
- Ranch
- MLS#
- 1949885
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Mount Pleasant, MI office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 48832
In The Neighborhood
In The Neighborhood
- Type
- Single Family
- Size
- <span>1,820</span> SqFt
- Rooms
- <span>3</span> Beds + <span>1</span> Baths
- Type
- Single Family
- Size
- <span>1,312</span> SqFt
- Rooms
- <span>2</span> Beds + <span>1</span> Baths
- Type
- Single Family
- Size
- <span>1,236</span> SqFt
- Rooms
- <span>3</span> Beds + <span>1</span> Baths
- Type
- Single Family
- Size
- <span>1,869</span> SqFt
- Rooms
- <span>3</span> Beds + <span>2</span> Baths
9526 W Monroe Elwell, MI is a Single Family Home for sale at $195000 with 1416 sqft and a lot size of 3.06 Acres Acre(s). 9526 W Monroe Elwell has 3 bedrooms, 1 baths and was built in 1960. The property's zip code is 48832 which is in Elwell, MI
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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