Looking for a great investment property, be sure to check this one out. 2 main level units, a 1 bedroon and a 2 bedroom and 1 upstairs unit with additional storage space at the top of the stairs. Property has consistent rental history. Many recent updates including a new roof in August 2026 and newer appliances from Youngs Appliance. Recent City Rental Certification dated 9/8/26. Owner pays Water and Heat, electric metered separately.
Motivated seller! Older style home with lots of charm and character. The large apartments feature updates that include newer flooring, kitchen upgrades, and fresh painted entrances, This building brings in great gross income and just a short walk to the beaches and downtown, This will be a great addition to your portfolio. The new coin operated laundry for the tenants is a plus for the tenants and the new owner. Just a bit of added income.
Alpena is located in Michigan. Alpena, Michigan has a population of 10,181. Alpena is more family-centric than the surrounding county with 21.1% of the households containing married families with children. The county average for households married with children is 20.5%.
The median household income in Alpena, Michigan is $40,202. The median household income for the surrounding county is $44,864 compared to the national median of $69,021. The median age of people living in Alpena is 44 years.
The average high temperature in July is 78.5 degrees, with an average low temperature in January of 11.9 degrees. The average rainfall is approximately 29.3 inches per year, with 74.3 inches of snow per year.
