If you are looking for a great investment property you will need to see this one first. Two unit main floor rental property in a quiet neighborhood. Less than 1/4 mile from Public Access to Bear Lake, which is1800 acres all sports lake. This clean and updated rental has 2 bedrooms, 1 full bathroom with Washer & Dryer hookups included, and individual garage and storage areas per unit. Unit #14 new forced air furnace 2024, Unit #18 new forced air furnace 2018, New Steel roof 2019, New 4'' Water Well 2018 and paved driveway. Both units currently rented and would like to continue renting. Schedule your showing today!
The median home value in Bear Lake, MI is $304,291. This is higher than the county median home value of $191,500. The national median home value is $338,100. The average price of homes sold in Bear Lake, MI is $304,291. Approximately 48.75% of Bear Lake homes are owned, compared to 8.13% rented, while 43.13% are vacant. Bear Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bear Lake real estate agent to arrange a tour today!
Bear Lake, Michigan has a population of 260. Bear Lake is less family-centric than the surrounding county with 21.43% of the households containing married families with children. The county average for households married with children is 22.77%.
The median household income in Bear Lake, Michigan is $44,063. The median household income for the surrounding county is $54,428 compared to the national median of $69,021. The median age of people living in Bear Lake is 41.6 years.
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 35.6 inches per year, with 111.7 inches of snow per year.