Check out this great investment opportunity in the City of Escanaba! This property features two homes on a single lot. The main house has two bedrooms, one bathroom, a kitchen, dining area, and living room, all on one level for convenience. It also includes a full basement, with possible additional living and storage space. The second home is a one-bedroom, one-bath unit with a living room, dining area, and kitchen. The bedroom is upstairs, along with two additional rooms that can be used for storage, a bonus room, or whatever you desire. This unit also has a partial basement for extra storage and is currently rented, providing income. Additionally, there's a detached garage for added storage. With a location close to city amenities, this property is ideal for investors looking for flexible options with income potential.
This duplex on the Southside of Escanaba offers great investment potential. The main floor unit features 2 bedrooms, 1 bath, a laundry room, and a bonus mud/storage room. The upstairs unit also has 2 bedrooms, 1 bath, plus an extra space for storage or a home office. Both units have tenants who pay their own heat and electric, while the seller covers the water. Additional features include a New Boiler, front porch, fenced yard and a 2-car garage. Donâ??t miss this chance to own a versatile property with income potential!
This multi-family property offers two separate houses on one lot, presenting a great investment opportunity! Both homes come with chain link fenced-in yards, providing privacy and outdoor space for tenants and including separate off street parking areas. Each tenant pays their own utilities, simplifying management. The home in front has a metal roof and the upstairs has potential to be turned into a 3rd rental unit. Both houses have a full basement with laundry hook ups. The property is ideally located near schools and just a short distance from the bustling downtown area, making it convenient for shopping, dining, and entertainment. Whether you're looking for a long-term investment or live in one & rent the other, this property has the potential to deliver strong returns. Donâ??t miss out on this opportunity, schedule a showing today!
Investment Opportunity in Prime Location! Attention investors! Hereâ??s a fantastic chance to secure a steady income with a long-term tenant in place. The storefront has been rented for 32 years on a month-to-month basis and offers reception area, offices, bathroom, and basement access for storage. Storefront tenants pay their own utilities. Additionally, the 2 upstairs apartments each feature a living room, kitchen, two bedrooms, a full bath, separate entrances, and laundry facilities. The upper front apartment has been renovated and available for rent starting 11/1/24. Ample parking is available in the rear. New Roof in 2021. New Windows and Door on Facade in 2022. Also listed under MLS #50148780. Donâ??t miss out on this lucrative investment opportunity! Building being sold "AS-IS".
Escanaba is located in Michigan. Escanaba, Michigan has a population of 12,439. Escanaba is less family-centric than the surrounding county with 22.26% of the households containing married families with children. The county average for households married with children is 23.81%.
The median household income in Escanaba, Michigan is $36,173. The median household income for the surrounding county is $51,117 compared to the national median of $69,021. The median age of people living in Escanaba is 43 years.
The average high temperature in July is 76.9 degrees, with an average low temperature in January of 8.6 degrees. The average rainfall is approximately 29.4 inches per year, with 52.3 inches of snow per year.