This property nestled in the City of Negaunee, has a total of 3 units: 2 units in one building, which is a half of a duplex, and a ranch home, situated on the same lot. The ranch home serves as the third unit. What a great investment opportunity, even if you prefer to live in the house and rent out the other half of the duplex, which includes 2 more units. The entire complex equals 2,384 sq. ft. of living area. Apartment #2 607 Lake St. has 868 sq. ft., two bedrooms, two baths for $750.00 per month. The basement apartment at 607 has 340 sq. ft., an efficiency apartment, with bath for $750.00 per month. Then you have the two bedroom, one bath ranch home with 1,176 sq. ft. of living space with a 20x30 drive under garage renting at $950.00 per month. All rents combined equals $2,450.00 per month. Great location and within walking distance to downtown, schools and recreational facilities. Pre-approved buyers only, please. The entire building can be purchased along with the ranch home under MLS #: 50087632.
Listing Provided Courtesy of DON SCHINELLA - SELECT REALTY