MLS 50110619 Large photo number 1
MLS 50110619 thumbnail photo number 1
638 N Fourth,Ishpeming, MI - $225,000

MLS# 50110619 Property Type: Multi-Family Active

Description

9 unit apartment building in the city of Ishpeming. Brand new steam boiler in February, some long term tenants. All annual leases. 12% CAP rate based on 2022 annual expense and rents at 95% occupancy. Coin operated laundry in basement.

Details
  • Type : Multi-Family
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  • Acres : 0.13
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  • Waterfront : No
  • Frontage : No
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  • County : Marquette
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Listing Provided Courtesy of JOHN DEMAY - EXP REALTY OF MARQUETTE

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