Escanaba, MI 49829,3890 L.15 Lane
Escanaba, MI 49829,3890 L.15 Lane
Escanaba, MI 49829,3890 L.15 Lane
20
$530,500
$530,500
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

6,608 SqFt

3890 L.15 Lane Escanaba, MI 49829

Est. payment /mo
SOLD DATE : 01/20/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $530,500

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 6,608 sqft

Price per Sqft $80

Subdivision Mi

MLS Listing ID 50164993

Sold Date 01/20/25

Annual Tax Amount $6,077

Tax Year 2023

Lot Size 0.740 Acres

Acres 0.74

Lot Dimensions 261X300x118x136

Property Sub-Type Commercial/Industrial

Property Description

Located in Ford River Township, this fully rented 10-unit apartment complex offers a prime investment opportunity. The property features two parking structures, with each tenant assigned a parking stall. Eight of the units are two-bedroom apartments with tenant-paid electric, while two one-bedroom units are located at the basement level, offering walkouts to a concrete patio. Heating includes electric forced air for eight units and gas hot water (heat included) for the remaining two. Each unit is equipped with its own hot water heater, electrical panel, and secure basement storage. Additional amenities include a coin-operated laundry in the basement for tenant convenience and a 24x28 garage for owner storage and maintenance equipment. This property is well-maintained with several remodeled apartments.

Location

State MI

County Delta

Area Ford River Twp (21012)

Zoning Commercial,Residential

Interior

Heating Boiler, Electric Heat, Zoned Heating

Exterior

Parking Features 11-20 Spaces

Roof Type Asphalt,Shingles

Building

Lot Description Cleared

Foundation Slab

Water Public Water

Structure Type Brick,Stucco

Others

Ownership Private

SqFt Source Assessors Data

Energy Description Electric,Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Commercial Loan

Read Less


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by KEY REALTY DELTA COUNTY LLC
Bought with KEY REALTY DELTA COUNTY LLC

GET MORE INFORMATION

agent

Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

Name
Phone*
Message