1330 Stephenson Ave, Escanaba, Michigan, United States

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Home For Sale

$153,900

1330 Stephenson Ave
Escanaba, Michigan, United States

5bd 2ba

Listed By: Realtyww Info

Listed On: 09/12/2024

Listing ID: GL11206308 View More Details

Description

This listing sounds like a solid opportunity for both investors and potential homeowners looking to offset their mortgage with rental income. The duplex offers two separate units, with the lower one featuring recent updates like new paint and flooring, and already rented at $1, 500 per month plus electric. The upper unit is smaller, with two bedrooms, one bath, and wood floors, bringing in $900 per month plus electric. Additionally, the property has a newly installed roof and a soon-to-be-installed hot water boiler, which adds value and reduces immediate maintenance concerns. The full basement with a half bath offers extra space, which could be a bonus for the main floor tenants. It's a great way to start building equity, especially with both units already generating rental income!

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Listed by: Tammy Garling