11429 Frey Court Brighton, MI $ 1,500,000
11429 Frey Court
$ 1,500,000
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11429 Frey Court

Brighton, MI, 48116
$ 1,500,000
Baths17.0 Sq 12,400

Monthly Estimate*

$ 9,358

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Studio

Multi-Family Home for sale in Brighton, MI

for $1,500,000 with 17 full baths. This 12,400 square foot home was built in 1965 on a lot size of 4.05.

Rare opportunity to own lakefront rental housing in Livingston County. Situated on approximately four acres with private frontage on Hamburg Lake, this 17-unit apartment community offers a tremendous value add opportunity. The property consists of 4 one-bedroom units, 12 two-bedroom units, and 1 three-bedroom unit, with 15 of the 17 units currently occupied. Average monthly rent across the property is $1,015 per unit. At the current income level, the property is offered at a 9.23% in-place capitalization rate. Comparable sales exceed $100,000 per unit. See offering memorandum for more details.

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Multi-Family Pending

Price

$ 1,500,000

Bedrooms

Studio

Full Bath

17

Property Type

Multi-Family

Taxes

$ 5,888

Style

Cottage

Lot Size

4.05

Year Built

1965

Town/City

Brighton

County/Region

Livingston

MLS | Web ID

20251038603

Features
General
Sewer SepticTank
Heating ForcedAir OtherHeatingSource
Utilities AboveGroundUtilities CableAvailable
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Architectural Style Cottage
Pool Features None
Construction Materials VinylSiding WoodSiding
Pets Allowed Call
Year Built 1965
Levels One
Property Subtype MultiFamily
Waterfront Features AcrosstheRoadWaterFrontage BeachAccess BeachFront DockFacilities LakeFront NoMotorLake PrivateWaterFrontage Waterfront
County Livingston
Net Operating Income 147645.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name ISLAND LAKE COLONY SUB
Garage Y/N N
Other Structures Sheds
Rent Includes Sewer TrashCollection Water
Full Baths 17
Status Pending
Directions West of Whitmore Lake south of Brighton.
City BrightonCity_Livingston
Body of Water Hamburg Lake
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Pinckney
Zoning Description Residential
Number Of Units Total 17
MLS Area Area01151HamburgTwp
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 15
Land Lease Y/N N
Tax Annual Amount 5888.0
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 Pending
Occupancy Type Tenant
Tax Assessed Value 132622
Expected Active Date 2025-09-22
Legal Description SEC 36 T1N R5E BEG AT PT ON C/L HAMBURG RD ALSO W1/8 LINE N89*E 1318.89 FT ALG E/W 1/4 LINE & N 197.23 FT ALG C/L HAMBURG RD TH N 125.02 FT ALG C/L HAMBURG RD TH S89*E 573 FT TH S 125.02 FT TH N89*W
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Exterior
Water Source Well
Total Parking 25.0
Foundation Details CrawlSpace Slab
Spa N
Lot Dimensions Irregular
Lot Size Acres 4.05
Waterfront Y/N Y
Road Frontage Type Gravel PrivateRoad
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 Y
Fireplace Y/N N
Above Grade Finished Area 12400.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 17
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Internal Only
Street Number 1 11429
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* Excluded Features
List By
Michael McClafferty

Listing Agent

Oakpointe Real Estate Advisors

Broker

(248) 972-7040

Phone

Affordability Calculator

$9,849
Per Month
95%
5%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$491
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
848720 Elementary School
848607 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2025$1,500,000 -6.25% Price Down
9/22/2025$1,600,000 Listed Price

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11429 Frey Court, Brighton, MI, 48116 is a Multi-Family Home for sale at $1,500,000 with 12,400 sqft and a lot size of 4.05. 11429 Frey Court is a studio with 17.0 baths and was built in 1965. The property's zip code is 48116 which is in Brighton, MI