Investment opportunity. Four units with 100% occupancy and on-time payers. Nearly $25,000 in annual revenue. You can leave the units as-is and take advantage of the cash flow, or with renovations these would be very nice vacation rentals. Otsego Lake is just steps away. The units come with an extra lot with room to building other units or an outbuilding. Metal roofs, natural gas, new well, and a lot of potential.
Off market
Zestimate®
$234,800
758 Lancewood St #792, Gaylord, MI 49735
2beds
0baths
1,632sqft
MultiFamily
Built in ----
-- sqft lot
$234,800 Zestimate®
$144/sqft
$1,133 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
Features
- Basement: Slab
Interior area
- Total interior livable area: 1,632 sqft
Property
Lot
- Size: 1.38 Acres
Construction
Type & style
- Home type: MultiFamily
Utilities & green energy
- Electric: Separate
- Sewer: Septic
Community & neighborhood
Location
- Region: Gaylord
Other
Other facts
- Unit 1: U1 Unit Location: M
- Unit 1: U1 OCC: Yes
- Unit 1: U1 Type of Lease: M
- Unit 2: U2 Unit Location: M
- Unit 2: U2 OCC: Yes
- Unit 2: U2 Type Of Lease: M
- Construction: Frame
- Landscaping: Lawn, Trees
- Appliances: Refrigerator, GasRange/Oven
- Heating: Forced Air, Natural Gas
- Water Heater: Gas
- Sewer: Septic
- Fuel: Natural Gas, Separate
- Util Pd By Owner: Electric, Maintenance, Water, Fuel, Sewer
- Business/Income: Income Property
- Unit 1: U1 Car Storage: Garage
- Windows: Wood
- Basement: Slab
- Water: Shared Well
- SqFt Source: Agent Measure
- Exterior: Aluminum
- Electric: Separate
- Style: Ranch
- Unit 3: U3 OCC: Yes
- Unit 4: U4 OCC: Yes
- Unit 3: U3 Type Of Lease: M
- Interior: Cable
- Township: Bagley
- Unit 3: U3 Unit Location: M
- Unit 4: U4 Unit Location: M
- Unit 4: U4 Type Of Lease: M
- Type: Fourplex