Julie Trauben

Broker Associate | Lic# 6506049153

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$ 235,000

Est. payment | -/mo

0.67 Acres Lot

$ 235,000

Est. payment | -/mo

0.67 Acres Lot

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 67026007850

Sold Date 04/15/26

Year Built 1992

Lot Size 0.670 Acres

Acres 0.67

Property Sub-Type MultiFamily

Property Description

Charming Bear Lake duplex with solid income potential! This cute, clean property features two well-kept 2-bedroom, 1-bath units, each with its own garage and laundry. Currently bringing in $1,800 per month total ($900 per unit), it's a great opportunity for an investor or owner-occupant looking for steady cash flow in a desirable lakeside community. Tidy, functional, and easy to love -- this is a smart addition to any portfolio.Property functions on private well and septic with natural gas furnace for each unit. Both units have individual gas and electric meters to keep utilities separate. Great location only short walk to Bear Lake and many of the town's conveniences; Bear Lake School, Library and Post Office. Purchase as your primary and use the income from other unit as your own to finance or make easy conversion to 4 bedroom home for your future living needs.

Location

State MI

County Manistee

Area Area51061Bearlaketwp

Interior

Interior Features Storage

Heating Forced Air, Natural Gas

Fireplace No

Laundry GasDryerHookup

Exterior

Parking Features Asphalt, Garage

Utilities Available ElectricityConnected, NaturalGasConnected, PhoneConnected

Waterfront Description PublicLake

View Y/N No

Roof Type Metal

Building

Lot Description Other

Foundation CrawlSpace

Sewer Septic Tank

Water Well

New Construction No

Schools

School District Bear Lake

Others

Acceptable Financing Cash, Conventional, FHA, MSHDA, UsdaLoan, VaLoan

Listing Terms Cash, Conventional, FHA, MSHDA, UsdaLoan, VaLoan

Listed by Jenna Mahoney of Essential Real Estate
Bought with Five Star Real Estate - Onekama

Nearby Locations

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Julie Trauben

Broker Associate | Lic# 6506049153

julie@jujusells.com

+1(248) 219-5531

4601 Lake Michigan Dr NW, Grand Rapids, MI, 49534

12218 7th ST Bear Lake Twp, MI 49614

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Key Details

Location

Interior

Exterior

Building

Schools

Others

12218 7th ST