Essexville MI Multi Family for Sale
$235,000
568 W CENTER Essexville, MI 48732
- Type:
- Multi-Family
- Sq.Ft.:
- 3,500
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.53 Acres
- Year built:
- 1950
- Baths:
- 4.00
- MLS#:
- 60362578
ADDITIONAL INFORMATION
Commercial/ Multi family on Center! Check out this amazing investment opportunity on high traffic M25. This building features three single bed apartments, plus one commercial unit already set up as a salon. Other attractive options include medical office space, sales or even a laundromat. Apartment 1 is base level. Currently rented out for 825/ month. Apartment 2 is 2nd floor . Currently rented out producing 775/ month. Apartment 3 is newly renovated and currently vacant. It should get 800/ month quite easily. Commercial unit is currently vacant. Conservative estimate of 1000 per month income.
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Essexville Real Estate
The median home value in Essexville, MI is $189,000. This is higher than the county median home value of $134,600. The national median home value is $338,100. The average price of homes sold in Essexville, MI is $189,000. Approximately 88.08% of Essexville homes are owned, compared to 10.29% rented, while 1.63% are vacant. Essexville 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 Essexville real estate agent to arrange a tour today!
Essexville, Michigan has a population of 3,377. Essexville is more family-centric than the surrounding county with 31.71% of the households containing married families with children. The county average for households married with children is 23.5%.
The median household income in Essexville, Michigan is $64,643. The median household income for the surrounding county is $52,510 compared to the national median of $69,021. The median age of people living in Essexville is 40.3 years.
Essexville Weather
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 14.1 degrees. The average rainfall is approximately 32.4 inches per year, with 41.4 inches of snow per year.