8196 us2
rapid river, MI 49878
$269,900 for Sale
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ABOUT PROPERTY

Welcome to a fantastic investment opportunity in Rapid River ? a 7-unit property ready to generate steady income for you. Currently, all units are rented out , offering a reliable stream of rental income. The rental rates are favorable, and utilities, including cable, are conveniently included. This property boasts a strong rental history, ensuring a stable and lucrative investment for the future. Tenants can also enjoy a designated picnic area for added comfort and relaxation. Additionally, there's a 2-car detached garage available for personal use or as an additional rental opportunity, providing even more potential for income generation. The unit mix includes 6 studios and a spacious one-bedroom unit, catering to a diverse range of tenants. Numerous updates have been made throughout the years, enhancing the property's appeal and value. Most units are rented on a monthly basis, with some owners also accepting weekly rentals, maximizing occupancy rates. With a total monthly rent of $4

Bedrooms

7

Bathrooms

7

Square FeetSize

2456

Year Built

1970

PROPERTY DETAILS

8196 us2, rapid river, MI 49878

Overview

    Sale Price: $269,900 Bedrooms:7 Bathrooms:7 (7 full, 0 half) Size: 2,456 sq.ft. Acreage: 0.5 est. Year Built: 1970 Style: 1 Story
    Basement: No Status: Active MLS#: 50166957

Location & Schools

    City: masonville twp Post Office: rapid river Subdivision: none Schools: rapid river public schools

Waterfront

Water Name: none

Features

    Lot Dimensions: 100x217
    Heating: Boiler, Hot Water

Room Sizes

Tax, Fees & Legal

    Est. Summer Taxes: $375 Est. Winter Taxes: $1,238

Property Location

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8196 us2
masonville twp, MI 49878


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LISTING AGENT

TAMMY GARLING

KEY REALTY DELTA COUNTY LLC

906-280-1169

Office Location
KEY REALTY DELTA COUNTY LLC
928 n. lincoln road
escanaba, MI 49829


AGENT'S OTHER LISTINGS

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