494 W Barnes Lake Road, Columbiaville, MI 48421
MULTI_FAMILY - Ranch - Columbiaville, MI
- Added:
- Mar 18, 2026
- Days on Market:
- 113
- Last Refresh:
- Jul 8 at 9:06 am
Property Features for 494 W Barnes Lake Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 1
- Exterior features
- Fenced Yard, Garden Area
- Fencing
- Fenced
- Appliances
- Dryer, Microwave, Range/Oven, Refrigerator, Washer
- Standard status
- Active
- APN
- 006-018-013-00
- Size
- 2,200 SF
- Lot size
- 10.00 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2262
Utilities
- Heating system
- Forced Air
- Water source
- Private
- Water front
- 1
Building Details
- Year built
- 1920
- Floors in Building
- 1
- Architectural style
- Ranch
Listing agent Stephanie Leland License #122909 (810) 656-4984
Listing office REMAX Edge 405 S State, Davison, MI (810) 653-5020
Listing date Mar 18, 2026
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 10‑acre estate with two separate homes and a 24 x 40 pole barn
- Direct frontage on the Flint River plus private wooded trails and a cedar swamp
- Just 50 feet from the pavement and located within the North Branch School District
- Ranch‑style home built in 1920 with forced‑air heating and private water source
- Fenced yard with dedicated garden area, including separate fenced‑in spaces and a pet door
- Natural gas service, plus custom interior metal and woodwork with fresh paint and vinyl plank flooring
Overview
The property is positioned just 50 feet from the pavement and is located within the North Branch School District. Its riverfront setting provides a country, nature-focused environment while keeping practical access close to the road.
From a tenant or owner-operator perspective, the configuration supports multi-generational living, a dedicated guest setup, or rental use by separating the two residences on the same tract. The presence of natural gas adds a practical utility advantage for year-round living. The combination of indoor character details, outdoor utility space, and direct Flint River frontage makes this a property designed for those seeking both residential flexibility and a distinctive country setting. Shown by appointment; please contact for scheduling.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.1k | $16.86 |
| − Vacancy | −$742 | −$0.34 |
| EGI | $36.4k | $16.52 |
| − OpEx | −$16.4k | −$7.44 |
| NOI | $20.0k | $9.09 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Columbiaville
- County
- Lapeer
- State
- Michigan
- Longitude
- -83.332592
- Latitude
- 43.189959
