602 S 8th

Property feature image
Address: 602 S 8th St, Escanaba, MI 49829, USA
Created date: October 2, 2024
Date last updated: October 2, 2024

Property Description

Investment Opportunity with Great Cash Flow in Southside Escanaba! This versatile property offers excellent cash flow for an investor or the potential to be converted back into a single-family home. Located in Southside Escanaba, it's within walking distance of Ludington Park and Escanaba Beach. Upon entry, you’ll find a large enclosed sunporch. The main floor apartment features a living room with a fireplace, a dining room, 1 bedroom, a 3/4 bath, a kitchen, and access to the basement with a laundry area. Original hardwood floors and woodwork can be found throughout. The upstairs apartment has 2 bedrooms, a living room, kitchen, 3/4 bath, a storage room, and access to a back fire escape. Additionally, there's a cozy studio located at the back of the building with an open living space, sleeping area, kitchen, and 3/4 bath. It also includes closet space and a wall heater. Two units are currently vacant, with potential rents of $600-$700 each, while the studio is already rented for $500.00 per month (utilities included). The property is equipped with 1 water meter, 2 electric meters, and 2 gas meters, making it a great investment opportunity. Schedule your showing today!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $83,000
No. of Units: 3
Year Built: 1896
Lot Size: 2,053.00 Sq ft
Opportunity Zone: No
Price per unit: $27,667
Property Website Click Here
Number of Bedrooms: 5
Number of Bathrooms: 4
Address: 602 S 8th, Escanaba, MI 49829, USA
Provided by:

Similar Properties in the Area

222 N 10th Street

Fort Dodge, Iowa
Chicago & Midwest + 2-4 Units
Units: 2
Price: $79,900

1332 4th Ave N

Fort Dodge, Iowa
Chicago & Midwest + 2-4 Units
Units: 2
Price: $75,000

1136/1138 W Pte La Barbe

St. Ignace, Michigan
Chicago & Midwest + 2-4 Units
Units: 2
Price: $399,900
popup background image