8-Unit Apartment Complex – Breckenridge, MI This charming 8-unit apartment complex in Breckenridge features a unique Bavarian Alpine-style design that gives the property great curb appeal. Each unit is a cozy 1 bed, 1 bath with a kitchen, living space, baseboard heat, and a window air-conditioner. The building is fully rented, with each unit bringing in an average of $540 per month. The total gross monthly rent is $4,325, making it a strong income-producing property. Tenants each have their own electric meter and pay their own electric bills. The owner is responsible for water, sewer, dumpster service, lawn care, and snow removal. There’s also a coin-operated laundry room on-site, providing additional income. The property includes a paved parking lot for tenant convenience and an extra storage shed for maintenance supplies or owner use. This is a great investment opportunity in a peaceful, small-town setting with consistent rental income and value-added features.
For sale
$299,000
508 Wright St, Breckenridge, MI 48615
--beds
5baths
2,000sqft
Est.:
Multi Family
Built in 1973
-- sqft lot
$292,600 Zestimate®
$150/sqft
$-- HOA
What's special
Bavarian alpine-style designPaved parking lotBaseboard heatWindow air-conditioner
- 4 days
- on Zillow |
- 391 |
- 28 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 11:09pm
Listed by:
Micah Kemler,
43 NORTH REALTY 989-463-1219
Source: NGLRMLS,MLS#: 1932717

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 5
Heating
- Baseboard
Cooling
- Window Unit(s), Electric
Appliances
- Included: Refrigerator, Oven/Range, Electric Water Heater
Features
- None, Cable TV
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 2,000 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Waterfront features: None
Lot
- Size: 0.83 Acres
- Dimensions: 165 x 208
Details
- Additional structures: Shed(s)
- Parcel number: 42-150-014-00
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame, Wood Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: None
- Subdivision: Village of Breckenridge
Location
- Region: Breckenridge
Financial & listing details
- Price per square foot: $150/sqft
- Annual tax amount: $3,555
- Price range: $299K - $299K
- Date on market: 4/22/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash,1031 Exchange
- Ownership type: Private Owner
- Lease term: Month To Month,12 Months
- Total actual rent: 2725
- Road surface type: Asphalt
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