About This Home
This 0-bedroom, 0-bathroom commercial at 2870 N US 31 Highway in Levering, MI is listed for $269,000 ($96 per sqft). Built in 1950, the home offers 2,800 sqft of living space on a N/A lot.
Key Features
- Built in 1950
Property Details
Income-producing 7-unit apartment property currently fully rented and operating as long-term efficiency apartments. The property offers an established rental history with seven efficiency-style units, on-site coin laundry and approximately 1.6 acres along US-31 in Levering.
Commercial zoning and a convenient highway location add flexibility for an investor seeking an established income-producing property. Located along US-31 with convenient access to Pellston, Petoskey, Mackinaw City and surrounding Northern Michigan communities. An opportunity to acquire an established rental property with potential for future improvements and continued rental growth. Financial information available to qualified buyers upon request.
Monthly Cost Estimate
$1,439/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2870 N US 31 Highway
Levering, MI 49755
Property Details
Construction
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2870 N US 31 Highway is listed at $269,000 ($96/sqft). The estimated monthly payment is $1,438 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950.
This property is listed by Mandi Maghakian and can be reached at 2316757494.