801 S 1st Avenue, Escanaba, MI 49829
801 S 1st Avenue, Escanaba, MI 49829
801 S 1st Avenue, Escanaba, MI 49829
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$219,000
Est. payment /mo
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4 Beds
4 Baths
2,398 SqFt
New

801 S 1st Avenue Escanaba, MI 49829

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Louis Velazquez

Louis Velazquez

+1(989) 954-3855

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,398 sqft

Price per Sqft $91

Subdivision Mi

MLS Listing ID 50223065

Style 2 Story

Bedrooms 4

Full Baths 4

Year Built 1900

Annual Tax Amount $3,973

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 22.5x24x542.5x16.5x67

Property Sub-Type Multi-Family

Property Description

Income-Producing Quadplex with Occupied Units! All units are one-bedroom apartments and are currently rented, providing immediate rental income. Each unit has separate electric, with tenants responsible for their own electric usage. Heat and water are included in the rent, with efficient hot-water boiler heat serving the building. Current monthly rents are $950, $850, $850, and $825, for a total of $3,475/month or $41,700 annually in scheduled gross rental income. A solid investment opportunity for an investor looking to add an income-producing property to their portfolio.

Location

State MI

County Delta

Area Escanaba (21010)

Zoning Multi-Family

Rooms

Basement Full

Interior

Heating Boiler

Cooling None

Fireplace No

Appliance Range/Oven, Refrigerator

Exterior

Exterior Feature Vinyl Siding

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Vinyl Siding

Schools

School District Escanaba Area Public Schools

Others

Ownership LLC

SqFt Source Assessors Data

Energy Description Natural Gas

Financing Cash,Conventional Blend

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by UPWARDS REAL ESTATE

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Louis Velazquez

Louis Velazquez

+1(989) 954-3855

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801 S 1st Avenue