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Jerry Emig

jerry@stclair-realty.com +1(810) 531-6211

$ 200,000

Est. payment -/mo

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W5496 First Street Hermansville, MI 49847

7 Beds

5 Baths

4,105 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,105 sqft

Price per Sqft $48

Subdivision Mi

MLS Listing ID 50218519

Style 2 Story

Bedrooms 7

Full Baths 5

Year Built 1950

Annual Tax Amount $2,440

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 50 x 150

Property Sub-Type Multi-Family

Property Description

Excellent investment opportunity featuring five spacious apartment units with a desirable mix of three one-bedroom apartments and two two-bedroom apartments. Each unit offers generous living space complemented by beautiful high ceilings and charming original hardwood floors, adding warmth and character throughout. The variety of unit sizes provides flexibility and broad tenant appeal. A new roof was installed in 2024, adding value to this well-positioned property. A full basement provides ample storage space and convenient on-site laundry facilities, adding functionality for both tenants and ownership. Conveniently located close to the school and a nearby playground, the property also features a nice-sized backyard, offering additional outdoor space for tenants to enjoy. Whether you're looking to expand your investment portfolio or step into multi-family ownership, this property offers excellent potential and income-producing possibilities.

Location

State MI

County Menominee

Area Meyer Twp (55017)

Zoning Commercial

Rooms

Basement Poured, Full

Dining Room Eat-In Kitchen, Formal Dining Room

Kitchen Eat-In Kitchen, Formal Dining Room

Interior

Heating Radiator

Cooling None

Fireplace No

Appliance Range/Oven, Refrigerator

Exterior

Exterior Feature Cedar, Vinyl Siding, Vinyl Trim

Building

Lot Description Cleared

Story 2 Story

Foundation Basement

Water Private Well, Drilled Well

Structure Type Cedar,Vinyl Siding,Vinyl Trim

Schools

School District North Central Area Schools

Others

Ownership LLC

SqFt Source CubiCasa

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

Listed by UPWARDS REAL ESTATE

NEARBY SCHOOL & BUSINESS

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Jerry Emig

+1(810) 531-6211

Broker | License ID: 6502432722

Broker License ID: 6502432722