602 S 8th Street Pending

Escanaba,MI 49829

$ 73000

5 Beds

4 Baths

2053 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,053 sqft

Price per Sqft $35

Subdivision Mi

MLS Listing ID 50157027

Style 2 Story

Bedrooms 5

Full Baths 3

Half Baths 1

Year Built 1896

Annual Tax Amount $2,647

Tax Year 2024

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 69x140

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!

Location

State MI

County Delta

Area Escanaba (21010)

Rooms

Basement Partial

Interior

Interior Features Hardwood Floors

Heating Hot Water,Space Heater

Cooling None

Fireplaces Type LivRoom Fireplace,Wood Burning

Fireplace Yes

Exterior

Garage Detached Garage

Garage Spaces 1.0

Waterfront No

Building

Story 2 Story

Foundation Basement

Water Public Water

Schools

School District Escanaba Area Public Schools

Others

Ownership LLC

SqFt Source Assessors Data

Energy Description Electric,Natural Gas

Financing Cash,Conventional

View More
Favorite Go Tour