Rural Residential Income Property: 6 Acres with 7 homes + 2 rented spaces

$1,485,000.
Rural Residential Income Property
Owner-Occupied Updated Farmhouse
6 Rented Homes and 2 Rented spaces with monthly income of $6907.00
Potential additional income from Seller rent-back of primary home after closing
Property is zoned EFU (Exclusive Farm Use), but grandfathered residential use has been legitimately maintained per Marion County (Buyer to Verify)
Detached Garage built in 2007 fits 3-5 cars
8000 SF Barn with new electrical service, concrete, and metal siding in 2010
New septic system for 8 homes installed in 2010
Well providing domestic water to all homes with new 3-phase pump installed January, 2022.
Heat pump replaced the original oil furnace in the primary home and the underground storage tank has been removed and soil tested clean
Includes 9 numbered addresses:
9494 Broadacres (Primary Home), 9514, 9524, 9544, 9570, 9574 & 9604 Broadacres (Rented Homes), 9584 & 9594 Broadacres (Rented MH Spaces)
Primary Home is wheel-chair accessible with ramp included
East of Broadacres Store
Marion County
Approximate Annual Taxes: $7371.00
Tax Lot 500, Section 31, T4S, R1W, W.M.
Marion County Tax Assessor Accounts: R12201, M133742, M335248, M339998, M347100, M351205
RMLS #22000087

Rare Opportunity! This unique rural income property includes a nicely updated farmhouse, 6 rented homes and 2 rented manufactured home spaces (The 2 homes on rented pads are owned by their occupants). Originally built to provide housing for farm labor, the "grandfathered" residential use has been legitimately maintained on this farm zoned property. (Buyer to verify with Marion County- See Administrative Review. Outbuildings include an 8000SF barn with an alarm, concrete floor and updated electrical service and a 1296SF detached 3-5 car garage built in 2007. The attic and full basement areas in the main home could potentially be finished for additional living space.

The property is well maintained. The current owner replaced 4 of the older manufactured homes with newer ones in 2010-2014. A new septic system and new water lines from the on-site well were installed for 8 homes in 2010. A new 3-phase pump was installed in the well in January 2022. The primary home has an electric furnace, heat pump for air conditioning, and back-up generator system. (The underground storage tank for the original oil heat was removed and the soil tested clear of contamination.) Current rental income is $6907.00/month and the Seller will rent-back the primary home from Buyer after closing for additional income.

PLEASE DO NOT DISTURB THE TENANTS LIVING ON-SITE!
(showing of rental homes during due diligence only)