4110 W Houghton Lake Road
Lake City, MI 49651

Description

Great income producing opportunity! Excellent location on M-55 East of Lake City and includes 3 apartments bring in $1700 a month. Sellers have had great success for almost 20 years in keeping these units full. Landlord currently takes care of trash, mowing, and plowing. Tenants have rent and gas & electric. There are 2 1 Bedroom, 1 Bath units and 1 2 Bedroom 1 Bath unit. All tenants would be happy to stay on with the new owners. All this on 2 acres.

Details

MLS#1858758
Sub-TypeResale
StatusActive
Year1973
Days On Site15

Features

SQ Feet2,176
Units3
Building(s)1

Market Activity 49651

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Area Information

StateMI
CountyMissaukee
CityLake City
Zip Code49651
AreaMissaukee
Listing VS Median (in 49651)
Price:
$179,900
low | high
Med:
$82,000
100% of Average
SqFt:
2,176
low | high
Med:
1,418
84.834558823529% of Average
$ / SqFt:
$83
low | high
Med:
$58
80.053602887045% of Average
On Site:
15
low | high
Med:
11
100% of Average
Listing Updated: 04/17/2019
MLS Number: 1858758
Listing Provided By:
Marianne & Daryl Quist  of  RE MAX Central
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northern Great Lake Realtors® MLS.