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2552 Newport Road Newport, MI $ 595,000
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$ 595,000 Get more info
2552 Newport Road
$ 595,000
Back to search
Share Save

2552 Newport Road

Newport, MI, 48166
$ 595,000
Baths0.0

Monthly Estimate*

$ 3,664

2552 Newport Road, Newport, MI 48166 - Image 1
2552 Newport Road, Newport, MI 48166 - Image 2
Studio

Lots and Land for sale in Newport, MI

for $595,000. The lot size is 55.

An exceptional investment opportunity with significant potential for return awaits. A large company has secured an option to purchase this property within 3 years for the use of renewable energy production at a price significantly above the price offered by the seller today. The future holds promise whether or not the option is exercised. Key features include its prime location and dual potential. The site is ideally suited for residential development, making it a valuable asset for potential future projects in the event the renewable energy project does not proceed. With only 3 years left on the contract, investors have a clear timeline for decision-making and planning. This property offers a unique blend of immediate potential and long-term value, making it an attractive proposition for forward-thinking investors. Berlin Twp

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Lots and Land Active

Price

$ 595,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 12,181

Style

Land

Lot Size

55

Town/City

Newport

County/Region

Monroe

MLS | Web ID

57050150131
Features
General
Sewer PublicSewer SewerAtStreet
County Monroe
New Construction N
Property Type Land
HOA Y
Attached Garage N
Garage Y/N N
Status Active
City Unknown_OutOfState
Disclosures SurveyNotAvailable TaxesNotHomesteadExempt
Senior Community Y/N N
High School District JeffersonSchoolsMonroeCo
Zoning Description Agricultural
MLS Area Area06051BerlinTwp
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 12181.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Ownership Type LLC
Legal Description 1429-748 856-789 986-699 1009-482 SEC 2 T6S R9E 45.55 A BEG AT THE N 1/4 COR OFF SEC 2 T6S R9 E TH S 0 DEG 28' 39 E 927.99 FT TH N 89 DEG 40' 47 E 656.09 FT TH S 0 DEG 16' 37 E 1710.94 FT TO E & W
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Exterior
Water Source WateratStreet
Spa N
Lot Dimensions 400 x 928 irr
Lot Size Acres 55.0
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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Internal Only
Street Number 1 2552
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* Excluded Features
List By
Cole McNew

Listing Agent

Coldwell Banker Haynes R.E. In Monroe

Broker

(734) 624-4923

Phone

Affordability Calculator

$4,679
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,664
Monthly Property Taxes
$1,015
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
4909727 Elementary School
4909544 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/15/2025$595,000 -0.67% Price Down
8/15/2024$599,000 -6.11% Price Down
7/29/2024$638,000 Listed Price

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2552 Newport Road, Newport, MI, 48166 is a Lots and Land for sale at $595,000 with a lot size of 55. 2552 Newport Road is a studio with 0.0 baths. The property's zip code is 48166 which is in Newport, MI

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