$102,000
$125,000
18.4%For more information regarding the value of a property, please contact us for a free consultation.
115 chestnut Street Munising, MI 49862
4 Beds
2 Baths
1,662 SqFt
Key Details
Sold Price $102,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,662 sqft
Price per Sqft $61
Subdivision Mi
MLS Listing ID 50208888
Sold Date 07/24/26
Style 2 Story
Bedrooms 4
Full Baths 2
Year Built 1890
Annual Tax Amount $2,719
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 33.40 x 117
Property Sub-Type Multi-Family
Property Description
Duplex in the heart of Munising! Live in one unit and rent out the other or a potential cash flow opportunity. Buy it with 113 Chestnut! The 4 beds, 2 bathrooms, are split between the upper and lower unit. The upstairs unit is well maintained with natural lighting. The living room is central and spacious. Parking is available in the back off the alley and is shared with 113 Chestnut. The lower unit also has 2 bedrooms. The opportunity to create equity with renovating and updating the space is here. Both units pull a positive cash flow and it's worth taking a look to see if this would be a good fit for someone looking to get into a home and pay part of their mortgage or looking to add a rental to their portfolio in this idyllic Lake Superior town.
Location
State MI
County Alger
Area Munising (02012)
Zoning Residential
Interior
Heating Forced Air
Fireplace No
Appliance Range/Oven
Exterior
Exterior Feature Vinyl Siding
Parking Features Additional Garage(s)
Building
Story 2 Story
Foundation Slab
Water Public Water
Structure Type Vinyl Siding
Schools
School District Munising Public Schools
Others
Ownership LLC
SqFt Source Appraisal
Energy Description Electric,Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Bought with RE/MAX 1ST REALTY






