135 N Benton St, Cheboygan, MI 49721

Three apartments. Great Investment property. Two bedroom apartment upstairs with a retired couple and their older son.. Two bedroom downstairs apartment has a contract with a Church Missionary Group for $800 per month. They just moved to a smaller apartment of mine. Efficiency apartment in back of building has its own entrance..........we have contract for $550 per month. Improvements in 2018..........new roof, exterior and interior paint......renovated the two downstairs apartments. Photos for Apt. 1 and 3 are current........apt 2 photos are old. Taxes Summer $1357 + Winter 168 = $1525 Garbage removal $216 yearly. House Insurance $516 annually. Lawn & Snow Care $240 . Annual Income $24,000. Expenses and income for 2020 are just about the same as 2019. Rents include all utilities, garbage & snow removal & lawn care. Renters could pay their own electric as there are three meters. I like to include everything for my renters.......keeps it simple for them. Furnace is a hot water system. The basement is very creepy. Everything works but we get a small amount of water when there is a very very heavy rain. House is very old......old basement. Give us a call. We are ready. Live in one of the units yourself and rent the other two apartments to pay your mortgage and utilities. Buy from the owner and save 8% realtor fee. Prices are going up. The pandemic has changed people's attitude about where they want to live. Next year prices will accelerate. Don't miss out. Thanks for reading this. Would love to hear from you.