300 Bensinger

Big Bay, Michigan

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Upper michigan rental property - land contract available! Complete turnkey rental opportunity awaits. This property at full occupancy brings in $3850 a month! Current owner can provide rental history and occupancy rates. Newly remodeled, and fully furnished, these units are ready to go. Primary tenants work in a nearby industrial complex. A steady, year round business climate. Resistant to seasonal dips or vacant summers that can happen with vacation or college student rentals. The renovations are tastefully done, including knotty pine and tile. Rentals currently include all utilities and cable tv. Newer furnaces, plumbing and electrical throughout. New metal roof put on in 2015. The four bedroom unit was previously a deli/corner store and gas station. The fuel tanks are new double lined fiberglass and have never been used. The three bedroom unit has a large, newer kitchen and a fireplace and could be owner occupied. This property currently produces significant cash flow. Do the math, and come take a look at the opportunity before you. Owner will consider a land contract with 30% down and a 4% interest rate on a 5yr balloon.
Property Detail
Bedrooms 0
Bathrooms 3
Property Type Multi-Family
Year Built 1942
Home Size 0 sqft
Lot Size 0.3400 Acres
MLS# 1114843
County Marquette County
Two+ Story

Marquette County Big Bay 300 Bensinger

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Neighborhood Info

Big Bay - 49808

The vacancy rate of homes in 49808 is 50.67% with 43.2% of homes being owner-occupied. The median household income in 49808 is $58523 per year with those between 25 and 44 having the highest median income at $75714.

School in Big Bay, MI
School Type Grade Distance
Powell Twp. Elementary School Public PRESCHOOL-8 0.15 mi
Neighborhood Demographic

Demographic in Big Bay - 49808

Median Income $58523
Avg Household Size 1.941
Median Age 55.98
White Collars 12%
College Grad 46%
Copyright 2019 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Home TypeMulti-Family
Year Built1942
Lot Size0.3400 Acres

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