Excellent investment opportunity featuring five spacious apartment units with a desirable mix of three one-bedroom apartments and two two-bedroom apartments. Each unit offers generous living space complemented by beautiful high ceilings and charming original hardwood floors, adding warmth and character throughout. The variety of unit sizes provides flexibility and broad tenant appeal. A new roof was installed in 2024, adding value to this well-positioned property. A full basement provides ample storage space and convenient on-site laundry facilities, adding functionality for both tenants and ownership. Conveniently located close to the school and a nearby playground, the property also features a nice-sized backyard, offering additional outdoor space for tenants to enjoy. Whether you're looking to expand your investment portfolio or step into multi-family ownership, this property offers excellent potential and income-producing possibilities.
Hermansville is located in Michigan. Hermansville, Michigan has a population of 642. Hermansville is more family-centric than the surrounding county with 30% of the households containing married families with children. The county average for households married with children is 22.43%.
The median household income in Hermansville, Michigan is $53,750. The median household income for the surrounding county is $52,457 compared to the national median of $69,021. The median age of people living in Hermansville is 51 years.
The average high temperature in July is 79.6 degrees, with an average low temperature in January of 5.8 degrees. The average rainfall is approximately 30.5 inches per year, with 54.3 inches of snow per year.
