Laurium MI Multi Family for Sale
$124,500
316 & 318 Osceola Laurium, MI 49913
- Type:
- Multi-Family
- Sq.Ft.:
- 2,036
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1930
- Baths:
- 2.00
- MLS#:
- 50143462
- Subdivision:
- Village Of Laurium
ADDITIONAL INFORMATION
Investment Opportunity in Laurium! This is a 2 unit investment property. One of the units is one level with 2 bedrooms, 1 bathroom, kitchen, dining area and access to the basement with laundry area. The other unit is two levels with living area, eat-in kitchen with laundry area and enclosed front porch on the main level. Upstairs of this unit are 2 bedrooms and bathroom. Both units are leased through June 2025 for $600 per month plus tenants pay the the utilities. Landlord provides dumpster for trash service, snow removal and lawncare. Seller has had great rental occupancy history. Each unit has a refrigerator, oven/range, washer and dryer. Seller has done updates over the years to flooring, some windows and roof. NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect all aspects of the property & bears all risks for any inaccuracies. Buyer to verify all information including but not limited to the estimated acreage, lot size, square footage, utilities (availability & costs associated). Buyer should not assume the buyerâ??s taxes will be the same as sellerâ??s present tax bills. Taxes are subject to change (possibly significant) & property will be reassessed by the municipality after sale is completed. Taxes are not zero. Sellers may have audio/video recording devices present on property and buyers and agents consent to being recorded by entering property. OFFERS: 72 hours response time requested on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines. Prequalification letter or proof of funds required prior to scheduling a showing. Leases are through June 2025 and must transfer to buyer. Parking: Side of home and public/side of street.
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Laurium Real Estate
The median home value in Laurium, MI is $108,500. This is lower than the county median home value of $126,400. The national median home value is $338,100. The average price of homes sold in Laurium, MI is $108,500. Approximately 56.65% of Laurium homes are owned, compared to 19.84% rented, while 23.52% are vacant. Laurium 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 Laurium real estate agent to arrange a tour today!
Laurium, Michigan has a population of 1,860. Laurium is more family-centric than the surrounding county with 32.53% of the households containing married families with children. The county average for households married with children is 30.83%.
The median household income in Laurium, Michigan is $38,333. The median household income for the surrounding county is $48,623 compared to the national median of $69,021. The median age of people living in Laurium is 38.4 years.
Laurium Weather
The average high temperature in July is 75.6 degrees, with an average low temperature in January of 6.6 degrees. The average rainfall is approximately 31.4 inches per year, with 207.6 inches of snow per year.