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137 Lake Linden Ave, Calumet, MI, 49913

6beds
6baths
3,776sqft
$229,900
$61price/sqft
$1,967/moest. monthly cost
$78,680/yrincome needed

About This Home

Introducing a fantastic 6-unit multi-family/commercial property in the bustling heart of Laurium, presenting an incredible investment opportunity! This versatile property is perfectly situated on a busy street, offering outstanding visibility for potential businesses such as a storefront, laundromat, or countless other possibilities. The building features a harmonious blend of residential and commercial potential, ensuring a constant stream of income. The residential component of this property consists of five apartments, four of which boast one bedroom and one bathroom, while the fifth unit offers a more spacious two-bedroom layout. Each unit is designed for comfortable living with functional floor plans. Adding to the property's desirability is the convenient on-site laundry room, providing a valuable amenity to the tenants and contributing to a hassle-free living experience. Capitalizing on its prime location, this Laurium property presents a fantastic opportunity for a savvy investor looking to diversify their portfolio or an entrepreneur seeking a high-traffic location to establish a thriving business such as a laundromat. Don't miss out on the potential that this 6-unit multi-family/commercial property has to offer! Explore the possibilities and seize the opportunity to invest in this piece of Laurium today!

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

5/10
C.L.K. Elementary SchoolGrades K-50.7 mi
8/10
Washington Middle SchoolGrades 6-80.7 mi
7/10
Calumet High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Basement,Stone
  • Construction materials: Cedar

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven,Refrigerator,Gas Water Heater
  • Laundry features: Common Area

Basement

  • Has basement: Yes
  • Basement: Stone

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 3,776
  • Total interior livable area: 3,776 sqft

Property

Details

  • Parcel number: 04410900200
  • Zoning: Corridor Mixed-Use
  • Zoning description: Commercial
  • Special condition: Private,Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Exterior features: Sidewalks,Street Lights
  • Waterfront features: None
  • Frontage length: 100

Lot

  • Lot size: 0.28 Acres
  • Features: Sidewalks
  • Lot size dimensions: 100 x 120

Parking

  • Total spaces: 3
  • Parking features: 3 or More Spaces,Driveway