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Listed by Katy Kay Lunstrum • The TEAM Real Estate Group
$275,000
Est. payment /mo
New
7060 S US-31 HWY Highway Alanson, MI 49706
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision T35N, R4W
MLS Listing ID 201837892
Style Ranch
Property Sub-Type Quadruplex
Source Water Wonderland Board of REALTORS®
Property Description
Income-producing property featuring three buildings - a stand-alone house, a duplex, and a newly renovated single-unit building. When fully occupied, the property brings in $3,200 per month in rental income with potential for higher returns based on market rates. Located within walking distance to downtown Alanson and convenient for commuters to Indian River, Petoskey, and Harbor Springs. Each unit has its own electric meter, and the property is on city sewer and septic. Ample parking with at least two spaces per unit, plus a dumpster on-site for tenant use and a laundromat only 0.25 mile away.
Location
State MI
County Emmet
Community T35N, R4W
Area T35N, R4W
Direction From Alanson at intersection of US 31 and M 68, North on US-31 for .34 mile to the property on the west side of the road.
Rooms
Basement Crawl Space
Interior
Heating Electric
Cooling None
Appliance Microwave
Laundry None
Building
Sewer Municipal
Structure Type Wood
Schools
Elementary Schools Alanson
High Schools Alanson
Others
Tax ID 41-17-10-100-004
Acceptable Financing Cash, Conventional Mort, Land Contract
Listing Terms Cash, Conventional Mort, Land Contract
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