33420 Utica Road

About this home

**Serious inquiries only** Site plan approval for construction of seven (7) two-unit condominium buildings, totaling 14 individual condo units. Seize the opportunity to develop a high-profit subdivision on this prime 1.54-acre vacant land. Located in a highly desirable area, this property is perfect for developers looking to build a new construction condo complex. The site now has RH zoning. All architectural drawings and design plans have been completed and approved by the city and available upon request. The existing house can be used as a construction office during the construction. Take advantage of this rare chance to capitalize on the demand for quality housing in a thriving market. Don't miss out on this exceptional development opportunity!

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Fraser

Over the last 90 days, 38 homes sold in Fraser for a median of $248,950, about $132 per square foot, and the typical one went under contract in 11 days. This home is listed at $385,000, and has been on the market 0 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Fraser sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $6,797 a year. A buyer who lives here would pay about $5,035 to $9,346 a year once the taxable value resets after the sale, at the 2025 homestead rate of 48.07 mills for Fraser City and Fraser schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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