515 W Onota Street Active

Munising,MI 49862

$ 249900

4 Beds

2 Baths

1960 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,960 sqft

Price per Sqft $127

Subdivision Mi

MLS Listing ID 50171254

Style 2 Story

Bedrooms 4

Full Baths 2

Year Built 1950

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 83x125

Property Sub-Type Multi-Family

Property Description

Excellent investment opportunity in the heart of Munising! This well-maintained duplex offers two identical side by side units and sits just minutes from the bustling downtown area, the marina, and the renowned Pictured Rocks National Lakeshore. This two-story duplex spans 1,960 square feet and is situated on a spacious corner lot on the edge of town with peek a boo Lake Superior Views. Each unit features an intelligent layout with a flowing first-floor plan that includes a bright living room, formal dining room with hardwood floors, and a functional kitchen with ample cabinet space. Both units come equipped with essential appliances including refrigerator and range (unit 1 also includes a dishwasher). The second floor of each unit houses two comfortable bedrooms and a full bathroom. The property boasts separate utilities for each unit, including water, electric, and gas service - a huge plus for property management. The partial block basement offers separate extra storage space for tenants, along with washer and dryer hookups. The crawlspace is also easily accessible and ads more storage and access to mechanicals/electric panels. Located in a prime residential area, this duplex offers tenants the convenience of being walking distance to schools and local amenities. The vinyl siding exterior requires minimal maintenance, and the front porch adds charming curb appeal. Both units share access to a delightful three-season porch, perfect for enjoying the Lake Superior breeze. There is also off street parking for two vehicles for each unit. If you are looking to add to your portfolio or for an owner occupied option, this turnkey investment property presents an excellent opportunity in Munising's growing rental market!

Location

State MI

County Alger

Area Munising (02012)

Zoning Residential

Rooms

Basement Block,Partial

Dining Room Formal Dining Room

Kitchen Formal Dining Room

Interior

Interior Features Cable/Internet Avail.,Hardwood Floors

Heating Forced Air

Cooling None

Fireplace No

Appliance Range/Oven,Refrigerator

Exterior

Exterior Feature Vinyl Siding

Building

Lot Description Sidewalks

Story 2 Story

Foundation Basement,Crawl

Water Public Water

Structure Type Vinyl Siding

Schools

School District Munising Public Schools

Others

Ownership LLC

SqFt Source Measured

Energy Description Natural Gas

Financing Cash,Conventional

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