Vanderbilt, MI 49795 351 W Main Street

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Presented By: JPAR - Great Lakes Bay Region - 989-349-3039
  • MLS# 50209253
  • 05/28/2026
  • Request Tour
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  • Beds • 5
  • Baths • 3
  • SQFT • 2,000

Home Details

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.
Presented By: JPAR - Great Lakes Bay Region - 989-349-3039

Interior Features for 351 W Main Street

Bedrooms

Beds5

Other Interior Features

Basement Y/NYes
BasementBlock
Fireplace?No
Fuel TypeNatural Gas
Interior AmenitiesCable/Internet Avail., Furnished
Total Number of Units3

General for 351 W Main Street

AppliancesRange/Oven, Refrigerator, Washer
AreaVanderbilt (69013)
Associated Document Count
Bathrooms3
COMMUNITY AMENITIESLaundry Facility
CityVanderbilt
ClassMULTIFAMILY
CoolingCeiling Fan(s), Wall/Window A/C
CountyOtsego
DOM31
Electric200+ Amp Service
Financial TermsCash, Conventional
Full Baths3
Half Baths
HeatingWall Heat
Internet RemarksListing Agent: Troy Schearer Broker: JPAR - Great Lakes Bay Region: Multi-unit investment opportunity in Vanderbilt
Lease Y/NNo
Legal DescriptionLOT 197 & E 1/2 OF LOT 269 BERRYS ADDITION VILLAGE OF VANDERBILT. SEC 22 & 27 T32N R3W.
MunicipalityVanderbilt
Originating MLSSaginaw Board of REALTORS
OwnershipPrivate
PossessionAt Close
Postal Code49795
Price Per Sq Ft Total AG92.95
Primary CityVanderbilt
Public RemarksMulti-unit investment opportunity in Vanderbilt
Sale/RentFor Sale
School DistrictVanderbilt Area Schools
Source MLSMI Real Source
StatusActive
StatusActive
Status Detail0
Structure Style2 Story
SubdivisionBerrys Add To Village Of Vanderbilt
SubdivisionMI
Subj to Short Sale ApprvlNo
TypeMulti-Family
UtilitiesCable Available, Sewer Available
WaterPrivate Well
Water HeaterGas
Year Built1986

Exterior for 351 W Main Street

ExteriorWood
Exterior AmenitiesPorch
FOUNDATION TYPEBasement
Garage # of Car
Lot Dimensions8276
Lot Size Area0.19
SEWER SEPTICSeptic
Separate Electric Y/NNo
Separate Gas Y/NNo
Separate Heat Y/NNo
Separate Water Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Troy Schearer

Let me be your compass through this complex world of real estate.
Price $185,900
MLS#50209253
List Date 05/28/2026
Property Type Multi-Family
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