411 E State, East Tawas, MI 48730
411 E State, East Tawas, MI 48730
411 E State, East Tawas, MI 48730
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Kyle O'Grady

Kyle O'Grady

+1(231) 499-9999
Listed by  STERLING PROPERTIES
$250,000
Est. payment /mo
5 Baths
2,886 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,886 sqft

Price per Sqft $86

MLS Listing ID 1952354

Style Apartment

Year Built 1900

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Multi Family

Property Description

Investment Opportunity in Downtown East Tawas! This property boasts (5) 1 bedroom, 1 bathroom units, and offers an excellent opportunity for investors looking to establish or expand their real estate portfolio in the heart of the East Tawas area. All five units are currently under lease, generating a gross monthly rental income of $4,400, or $52,800 annually. Situated near downtown East Tawas, the property offers convenient access to local shops, restaurants, entertainment, parks, and the beautiful shores of Lake Huron. The Tawas area is a popular destination for both year-round residents and seasonal visitors, offering small-town charm, outdoor recreation, and a vibrant downtown atmosphere. With five leased rental units, this property offers multiple income streams and immediate rental income for its next owner. Its location near shopping, dining, beaches, and everyday conveniences adds to its appeal as a rental property. Whether you're an experienced investor or looking to enter the rental property market, this is an opportunity to own an income-producing property in one of Northeast Michigan's desirable lakeside communities. Invest in East Tawas and take advantage of everything this beautiful area has to offer!

Location

State MI

Rooms

Basement Full

Interior

Interior Features Entrance Foyer, High Speed Internet

Heating Baseboard, Natural Gas

Fireplaces Type None

Fireplace false

Appliance None

Exterior

Exterior Feature None

Community Features None

Waterfront Description Public

Roof Type Asphalt

Garage false

Building

Story Two

Sewer Public Sewer

Water Public

Architectural Style Apartment

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Kyle O'Grady

Kyle O'Grady

+1(231) 499-9999

Team Leader, REALTOR® License ID: 6501407456

Team Leader, REALTOR® License ID: 6501407456

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