Escanaba MI Multi Family for Sale
$127,500
422 S 10th Escanaba, MI 49829
- Type:
- Multi-Family
- Sq.Ft.:
- 2,146
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1885
- Baths:
- 2.00
- MLS#:
- 50155176
- Subdivision:
- None
ADDITIONAL INFORMATION
This duplex on the Southside of Escanaba offers great investment potential. The main floor unit features 2 bedrooms, 1 bath, a laundry room, and a bonus mud/storage room. The upstairs unit also has 2 bedrooms, 1 bath, plus an extra space for storage or a home office. Both units have tenants who pay their own heat and electric, while the seller covers the water. Additional features include a New Boiler, front porch, fenced yard and a 2-car garage. Donâ??t miss this chance to own a versatile property with income potential!
$169,000
514-516 S 15th Escanaba, MI 49829
- Type:
- Multi-Family
- Sq.Ft.:
- 1,345
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1902
- Baths:
- 2.00
- MLS#:
- 50154827
- Subdivision:
- No
ADDITIONAL INFORMATION
This multi-family property offers two separate houses on one lot, presenting a great investment opportunity! Both homes come with chain link fenced-in yards, providing privacy and outdoor space for tenants and including separate off street parking areas. Each tenant pays their own utilities, simplifying management. The home in front has a metal roof and the upstairs has potential to be turned into a 3rd rental unit. Both houses have a full basement with laundry hook ups. The property is ideally located near schools and just a short distance from the bustling downtown area, making it convenient for shopping, dining, and entertainment. Whether you're looking for a long-term investment or live in one & rent the other, this property has the potential to deliver strong returns. Donâ??t miss out on this opportunity, schedule a showing today!
$110,000
1812 N 1st Escanaba, MI 49829
- Type:
- Multi-Family
- Sq.Ft.:
- 1,729
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 50154874
- Subdivision:
- Smith-Dunlap Add
ADDITIONAL INFORMATION
2 income unit with full basement,2 car garage and full size lot has much potential! it is setup as a 2 bed lower and a 1 bed upper. this rental can be remodeled into single family very easily, with 2 bonus rooms on 2nd floor...8x10 and 10x7 also add nice opportunities for extra bedrooms 5+?? Sold as is.. has been vacant for some time and needs updating. Has been a long time 2 unit and is city certified until October 2025 2 water meters, 1 power and 2 gas meters in place.
$153,900
1330 Stephenson Escanaba, MI 49829
- Type:
- Multi-Family
- Sq.Ft.:
- 2,150
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1895
- Baths:
- 2.00
- MLS#:
- 50154358
- Subdivision:
- None
ADDITIONAL INFORMATION
This listing sounds like a solid opportunity for both investors and potential homeowners looking to offset their mortgage with rental income. The duplex offers two separate units, with the lower one featuring recent updates like new paint and flooring, and already rented at $1,500 per month plus electric. The upper unit is smaller, with two bedrooms, one bath, and wood floors, bringing in $900 per month plus electric. Additionally, the property has a newly installed roof and a soon-to-be-installed hot water boiler, which adds value and reduces immediate maintenance concerns. The full basement with a half bath offers extra space, which could be a bonus for the main floor tenants. It's a great way to start building equity, especially with both units already generating rental income!
$135,000
806 Ludington Escanaba, MI 49829
- Type:
- Multi-Family
- Sq.Ft.:
- 4,320
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1910
- Baths:
- 3.00
- MLS#:
- 50148785
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Investment Opportunity in Prime Location! Attention investors! Hereâ??s a fantastic chance to secure a steady income with a long-term tenant in place. The storefront has been rented for 32 years on a month-to-month basis and offers a reception area, offices, a bathroom, and basement access for storage. Storefront tenants pay their own utilities. Additionally, the 2 vacant upstairs apartments each feature a living room, kitchen, two bedrooms, a full bath, separate entrances, and laundry facilities. Ample parking is available in the rear. Building being sold "AS-IS". New Roof in 2021. New Windows and Door on Facade in 2022. Also listed under MLS #50148780. Donâ??t miss out on this lucrative investment opportunity!
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Escanaba Real Estate
The median home value in Escanaba, MI is $159,300. This is higher than the county median home value of $96,700. The national median home value is $219,700. The average price of homes sold in Escanaba, MI is $159,300. Approximately 58.18% of Escanaba homes are owned, compared to 31.18% rented, while 10.64% are vacant. Escanaba 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 Escanaba real estate agent to arrange a tour today!
Escanaba, Michigan has a population of 12,364. Escanaba is less family-centric than the surrounding county with 20.58% of the households containing married families with children. The county average for households married with children is 25.98%.
The median household income in Escanaba, Michigan is $33,230. The median household income for the surrounding county is $44,639 compared to the national median of $57,652. The median age of people living in Escanaba is 45.4 years.
Escanaba Weather
The average high temperature in July is 76 degrees, with an average low temperature in January of 6 degrees. The average rainfall is approximately 30.6 inches per year, with 49.5 inches of snow per year.