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$245,000

MLS 1112510
296 M35 Gwinn, MI 49841  
mls

Listing is for both 296 and 318 M-35. Two buildings totaling 15 Units. 296 M-35 has eight units. Four, 2 bed, 1 bath renting for $400/per mo. Four, 1 bed, 1 bath, three renting for $375 and one for $350. Possible income is $36,900 annually plus laundry income. 318 M-35 has seven units. Two, 1 bed, one renting for $350 & one renting at $425 (incl electricity), Four, 2 bed renting for $400, & one, 3 bed renting for $475 for a possible income of $33,600 annually + laundry income. Total potential income is $70,500.00. Buildings are in process of being updated. Electric heat has been replaced with natural gas hot water heat in most units. Many floor coverings have been replaced. Some have new appliances. Most have been painted. Some additional work still needs to be completed but can make for a great investment.
Price $245,000 Ttl Baths: Frontage:  None
Style: Full Baths: School: Gwinn
Trailside: No Partial Baths: Lot Size:
Bedrooms: Waterview: None Acres: 1.50

Ttl Sqft: Garage:

Room Sizes

Fireplace:  Garage Size:  Living Room Size:
Year Built: 1978 County: Marquette Dining Area Size:
Lake/River:  Deeded Water Access: None Kitchen Size:
Waterfront: None Foundation: Family Room Size: 
Exterior: Basement Size:    Bedroom 1 Size:
Construction:   Bedroom 2 Size:
    Bedroom 3 Size:
 

Addendum:

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Listing Provided Courtesy of:
KELLER WILLIAMS FIRST
BENJAMIN ARGALL

Copyright 2013 Upper Peninsula Association of Realtors (UPAR)
Listing provided by Upper Peninsula Association of Realtors (UPAR), database last updated Monday April 22, 2019
 
Direct Link:  http://www.uparidx.com/rets/idx/northernheritage/residential/index.php?view=1112510