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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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7378 Chief Rd , Bear Lake, MI 49614
$389,900
Est. Payment: $866.44/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 7
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m632 - mcronanb
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Discover this multi-unit investment property in Bear Lake, Michigan, featuring a substantial lot spanning nearly 75,000 square feet. This 2 to 4 unit property presents an excellent opportunity for investors seeking to diversify their real estate portfolio with multiple revenue streams. The generous land size provides flexibility for future development or expansion considerations. Positioned in the Bear Lake area, this property offers potential for long-term appreciation and sustained income generation. Whether you're an experienced investor or expanding your holdings, this multi-unit offering warrants serious consideration.
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Highlights

Listed by Brenda Cronan , 231-794-1777 Coldwell Banker ALM REALTY , 231-723-3555.

Property Type

Multi-Family
Lot/Acreage
1.72

Year Built

1900

County

Manistee

 School District

Onekama

Listing ID

26034564

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Basement:Crawl Space,Michigan Basement
Water:Private Water

Exterior Features

Lot:Level
Garage Capacity:6
Roof:Other,Composition,Rubber
Sewer:Septic Tank
Parking Features:Driveway,Gravel,Unpaved
Principal Interest
$866
Taxes
$213

Home Price

$389,900

Loan Details

30 yrs
%

Down Payment

20%
$77,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$866.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $866.44 $212.92 $0.00 $1,079.36
Yearly $10,397.33 $2,555.00 $0.00 $12,952.33
Total $311,920.00 $76,650.00 $0.00 $388,570.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Bear Lake, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.