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518 S 8th St Escanaba, MI 49829
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Key Details
Sold Price $282,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,940 sqft
Price per Sqft $96
Subdivision Mi
MLS Listing ID 50098209
Sold Date 03/21/23
Style 2 Story
Bedrooms 6
Full Baths 3
Year Built 1915
Annual Tax Amount $2,650
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 50 x 140
Property Description
This is a beautiful, fully renovated multi-family home located in downtown Escanaba, just a few blocks from the park/beach. It comes with a new roof put on 2 years ago, newer windows, new floors, new kitchens, and bathrooms. Property has a 3 car detached garage. Main floor kitchen includes black stainless appliances, white shaker cabinets, double bottom freezer, quartz counter top, and tile backsplash. Main floor with 3 bed, 1 bath, living room + dining room, was occupied by owner and is currently open. (Was going to charge $1,550/mo utilities included). Upper floor includes 2 units. Unit with 1 bed 1 bath brings in $750/mo with utilities included, currently paid for by the owner. Unit 2 with 2 bed 1 bath currently renting for $1,480/mo including utilities. Total estimated income with all 3 units filled would be ~$3,780. The unit for $750 a month is lower because tenant does shoveling/mowing, and helps out. All tenants have access to the basement and garage. This property can also be easily converted back into a single family home with 5 bedrooms.
Location
State MI
County Delta
Area Escanaba (21010)
Zoning Multi-Family,Residential
Rooms
Basement Stone
Interior
Heating Forced Air
Fireplace No
Appliance Microwave, Range/Oven, Refrigerator
Exterior
Exterior Feature Vinyl Siding
Garage Detached Garage
Garage Spaces 3.0
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Vinyl Siding
Schools
School District Escanaba Area Public Schools
Others
Ownership Private
SqFt Source Estimated
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with KEY REALTY DELTA COUNTY LLC