Fully occupied and income-producing, this four-unit apartment building is a fantastic investment opportunity. Renovated 15 years ago, it features durable vinyl siding, energy-efficient windows, a long-lasting metal roof, updated electrical systems, and modern interior finishes. Each unit is equipped with laundry hookups, and tenants pay for their own heat as all units are heated by electric baseboard and metered separately, minimizing operating costs. Unit 1 is a one bed one bath, Unit 2 is a one bed one bath, Unit 3 includes a unique third-floor bedroom, while Unit 4 boasts a spacious two-bedroom layout, ensuring appeal to a variety of renters.
Closed
$220,500
52 S Us Highway 41, Carney, MI 49812
6beds
2,400sqft
Multi Family
Built in 1900
-- sqft lot
$230,700 Zestimate®
$92/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 21, 2025 at 12:16pm
Listed by:
SCOTT MOSIER 906-280-0903,
KEY REALTY DELTA COUNTY LLC 906-233-7455
Bought with:
SCOTT MOSIER
KEY REALTY DELTA COUNTY LLC
Source: Upper Peninsula AOR,MLS#: 50165019
Originating MLS: Upper Peninsula Assoc of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric
Cooling
- None
Appliances
- Included: Other, Range/Oven, Refrigerator, Electric Water Heater
Features
- Basement: Partial,Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces, Driveway
- Has uncovered spaces: Yes
Features
- Levels: More than 2 Stories
- Patio & porch: Porch
- Waterfront features: None
Lot
- Size: 0.95 Acres
- Dimensions: 180
- Features: Cleared
Details
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Conventional Frame
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding, Vinyl Trim
- Foundation: Basement
Condition
- Year built: 1900
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Carney
- Subdivision: NO
HOA & financial
Other financial information
- Total actual rent: 2980
Other
Other facts
- Listing terms: Conventional Blend
- Ownership: Private