Discover an exceptional investment opportunity in the heart of downtown Algonac! This 7-unit property is a prime find, featuring a desirable mix of one two-bedroom unit and five one-bedroom units and a flat. Can see the river from the front windows and porch. Neighbors are a church and city building. Has seperate meters for gas and electric - dumpster area for trash. Everything has had a face lift in the last 5 years, new flooring, new tile bathrooms, fresh paint. Sewer (inside) has been updated along with a coin op washer and dryer! Tenants will love the charming and spacious common porches on both the upper and lower floors, perfect for relaxing and enjoying the vibrant downtown atmosphere. With its excellent location and variety of units, this property is poised for strong rental demand. no showings - do not approach - call agent
Algonac is located in Michigan. Algonac, Michigan has a population of 4,173. Algonac is less family-centric than the surrounding county with 19.53% of the households containing married families with children. The county average for households married with children is 25.78%.
The median household income in Algonac, Michigan is $49,306. The median household income for the surrounding county is $62,847 compared to the national median of $69,021. The median age of people living in Algonac is 41.8 years.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 32.9 inches per year, with 32.4 inches of snow per year.
