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509 1st Ave S #511, Escanaba, MI, 49829

7beds
3baths
2,922sqft
$140,000
$48price/sqft
$1,233/moest. monthly cost
$49,320/yrincome needed

About This Home

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.

Getting Around

82
WalkingVery Walkable
0
TransitVery Limited Transit
80
BikeVery Bikeable

Schools

7/10
Escanaba Middle SchoolGrades 3-50.7 mi
8/10
Escanaba Area Public High SchoolGrades 6-121.4 mi
--
Lemmer Elementary SchoolGrades 1-21.1 mi

Construction

Condition

  • Year built: 1902

Materials

  • Foundation: Basement
  • Construction materials: Fiber Cement

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Range/Oven,Refrigerator,Washer,Gas Water Heater
  • Laundry features: Second Floor Laundry

Basement

  • Has basement: Yes
  • Basement: Block,Full

Bathroom

  • Features: First Flr Bath Lav/Half,Master Bedroom Bath

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 2,922
  • Total interior livable area: 2,922 sqft

Property

Details

  • Parcel number: 0510102929312006
  • Special condition: Private

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Sidewalks,Street Lights
  • Fencing: Fenced
  • Waterfront features: None
  • Frontage length: 50

Lot

  • Lot size: 7,840 sqft
  • Lot size dimensions: 50 x 160

Parking

  • Total spaces: 3
  • Parking features: 3 or More Spaces,Garage,On Street,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes