MLS# 50126635 Property Type: Multi-Family Active
12 unit Investment opportunity within Marquette City limits less than a mile from Northern Michigan University. Property is just a few minutes drive to just about everything the City of Marquette has to offer. Within walking/biking distance to NMU, Lake Superior, The Superior Dome and many stores, shops and restaurants! And its nearly on top of the biking trail system. Seller has done extensive renovations to the majority of the units and has increased rents since purchase in 2021 to market value with more potential for growth. Property consists of a four bedroom house, 6 dwellings that are a mix of one to two bedrooms, and five efficiency apartments. Two of the original units were demolished and removed for additional parking and driveway to rear units. Property has plenty of room for improvements for tenant amenities etc.. to increase the appeal for prospective tenants and continued growth for the investor. The possibilities are endless!
Listing Provided Courtesy of MARK COON - RE/MAX DOUGLASS R.E.-H