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About This Home
This 7-bedroom, 3-bathroom residential multi family at 509 S 1st Avenue in Escanaba, MI is listed for $175,000 ($60 per sqft). Built in 1902, the home offers 2,922 sqft of living space on a 0.18 acres lot.
Investor special near the lake- Two homes on one property! Just minutes from the shores of Lake Michigan, this property features two separate homes on one parcel. Offering incredible potential for investors, rental income, or live-in-one, rent-the-other setup.
The first home(509) offers 4 bedrooms and 2 bathrooms, while the second(511) provides 3 bedrooms and 1 bathroom. Giving you a total of 7 bedrooms and 3 bathrooms across both residences. The possibilities are endless for the buyer with a vision. Whether you're looking to build equity or add to your portfolio. This property also boasts a fenced in yard with a 2-car garage generally shared with both tenants.
Key Features
- Built in 1902
- 0.18 acre lot
- 2 stories
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$936/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
509 S 1st Avenue
Escanaba, MI 49829
Features & Amenities
Exterior Features
Property Details
Parking
Heating
Cooling
Appliances
Questions & Answers
This 7-bedroom, 3-bathroom residential multi family at 509 S 1st Avenue is listed at $175,000 ($60/sqft). The estimated monthly payment is $758 based on 20% down at 6.5% interest.
Key features include: Built in 1902, 0.18 acre lot, 2 stories, Fireplace. Exterior Features: Fenced Yard, Sidewalks, Street Lights.
This property is listed by AMBER GUTIERREZ and can be reached at 9062411602 or amberg@premierrealestate.org.