Sand Lake MI Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.53 Acres
- Year built:
- 1982
- Baths:
- MLS#:
- 70442324
ADDITIONAL INFORMATION
This listing is an excellent opportunity for investors seeking a steady income stream! The combination of updated units and an already established rental base makes it particularly appealing: Three distinct rental units, offering diversity in rental income. Unit 1: 1 bed, 1 bath Unit 2: 1 bed, 1 bath Unit 3: 3 beds, 2 baths (located upstairs) Turnkey Investment: All units are currently rented, ensuring immediate income without the hassle of finding tenants. A perfect fit for both seasoned investors looking to expand their portfolio and newcomers to real estate investment.
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Sand Lake Real Estate
The median home value in Sand Lake, MI is $306,250. This is higher than the county median home value of $281,000. The national median home value is $338,100. The average price of homes sold in Sand Lake, MI is $306,250. Approximately 51.28% of Sand Lake homes are owned, compared to 43.59% rented, while 5.13% are vacant. Sand 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 Sand Lake real estate agent to arrange a tour today!
Sand Lake, Michigan has a population of 468. Sand Lake is less family-centric than the surrounding county with 29.36% of the households containing married families with children. The county average for households married with children is 33.51%.
The median household income for the surrounding county is $69,786 compared to the national median of $69,021. The median age of people living in Sand Lake is 49.3 years.
Sand Lake Weather
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 13 degrees. The average rainfall is approximately 36.5 inches per year, with 63.5 inches of snow per year.