1143 State N St. Ignace, MI 49781
$799,900

Property details

Remarkable value in this 2-1 special. TWO 10 unit income properties for sale separately at $399,900 and $479,000 can be purchased together for the discounted price of $799,900. The net operating income for both properties is projected to be $117,000/year. At this price, a 15% cap rate is sure to impress any serious buyer looking to add to their portfolio. Take advantage today as this opportunity will not last long.

MLS

453767

TYPE

Commercial/Industrial

BEDS

16

FULL BATHS

18

BASEMENT

Crawl

LAKE

Huron

SALE/RENT

For Sale

STATUS

Active

ZIP

49781

TOTAL LIVING AREA

10,000 SqFt

CONSTRUCTION

Wood Frame

ROOF

Metal,Asphalt Shingle

HEAT TYPE

Electric,LP Gas

WATER HEATER

Propane

WATER

City

SEWER

Septic,City

OTHER BUILDINGS

Shed

COUNTY

Mackinac

DIRECTIONS

1143 N State is 2 miles north of downtown St. Ignace on I-75 Bus. Loop. Property is on the right. 1091 US-2 is 2 miles west of downtown St. Ignace. Property is on the left.


Cable TV
Refrigerator
Washer
Off-Street Parking
Common Area
Ample Parking
Dryer
Range
Patio/Deck
Pav

Room Details

Extra Details

WATERVIEW

Y

TOWNSHIP

Other/See Remar

SECTION

23

TOWN RANGE

T40R3W

WATERFRONT FT

84

UTILITIES

Electricity

ABOVE GRND SQ FT

0

WATERFRONT ACCESS

W

WF OWNERSHIP TYPE

D

WF SEPERATED BY RD

N

Location of property

Nearby properties

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