| $232,650 |
| MLS 50138477 | |
| 8196 US2 Rapid River, MI 49878 | |||
| |||
|
Welcome to a fantastic investment opportunity in Rapid River – a 7-unit property ready to generate steady income for you. Currently, all units are rented out except for one, offering a reliable stream of rental income. The rental rates are favorable, and utilities, including cable, are conveniently included. This property boasts a strong rental history, ensuring a stable and lucrative investment for the future. Tenants can also enjoy a designated picnic area for added comfort and relaxation. Additionally, there's a 2-car detached garage available for personal use or as an additional rental opportunity, providing even more potential for income generation. The unit mix includes 6 studios and a spacious one-bedroom unit, catering to a diverse range of tenants. Numerous updates have been made throughout the years, enhancing the property's appeal and value. Most units are rented on a monthly basis, with some owners also accepting weekly rentals, maximizing occupancy rates. With a total monthly rent of $4624.00, this investment promises excellent returns. Don't miss out on this incredible opportunity to secure a profitable investment in Rapid River. Contact us today to learn more and seize the chance to add this gem to your portfolio. | |||
| Price $232,650 | Ttl Baths: | Frontage: No | |
| Style: | Full Baths: | School: | |
| Trailside: | Partial Baths: | Lot Size: 100x217 | |
| Bedrooms: | Waterview: | Acres: 0.50 | |
|
| |||
| Ttl Sqft: | Garage: |
Room Sizes | |
| Fireplace: | Garage Size: | Living Room Size: | |
| Year Built: | County: Delta | Dining Area Size: | |
| Lake/River: none | Deeded Water Access: | Kitchen Size: | |
| Waterfront: No | Foundation: | Family Room Size: | |
| Exterior: | Basement Size: | Bedroom 1 Size: | |
| Construction: | Bedroom 2 Size: | ||
| Bedroom 3 Size: | |||
|
| |||
|
Addendum: | |||
| | |||
|
Listing Provided Courtesy of: KEY REALTY DELTA COUNTY LLC TAMMY GARLING | |||
|
Copyright � 2013 Upper Peninsula Association of Realtors (UPAR) Listing provided by Upper Peninsula Association of Realtors (UPAR), database last updated Friday May 03, 2024 | |||
| Direct Link: https://uparidx.com/rets/idx/rosie/residential/index.php?view=50138477 | |||
