115 chestnut Street, Munising, MI 49862
115 chestnut Street, Munising, MI 49862
115 chestnut Street, Munising, MI 49862
18
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$125,000
Est. payment /mo
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4 Beds
2 Baths
1,662 SqFt
New

115 chestnut Street Munising, MI 49862

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Erion Gjysma

Erion Gjysma

+1(586) 855-8465

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,662 sqft

Price per Sqft $75

Subdivision Mi

MLS Listing ID 50208888

Style 2 Story

Bedrooms 4

Full Baths 2

Year Built 1890

Annual Tax Amount $2,719

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 33.40 x 117

Property Sub-Type Multi-Family

Property Description

Duplex in the heart of Munising! Live in one unit and rent out the other or a potential cash flow opportunity. Buy it with 113 Chestnut! The 4 beds, 2 bathrooms, are split between the upper and lower unit. The upstairs unit is well maintained with natural lighting. The living room is central and spacious. Parking is available in the back off the alley and is shared with 113 Chestnut. The lower unit also has 2 bedrooms. The opportunity to create equity with renovating and updating the space is here. Both units pull a positive cash flow and it's worth taking a look to see if this would be a good fit for someone looking to get into a home and pay part of their mortgage or looking to add a rental to their portfolio in this idyllic Lake Superior town.

Location

State MI

County Alger

Area Munising (02012)

Zoning Residential

Interior

Heating Forced Air

Fireplace No

Appliance Range/Oven

Exterior

Exterior Feature Vinyl Siding

Parking Features Additional Garage(s)

Building

Story 2 Story

Foundation Slab

Water Public Water

Structure Type Vinyl Siding

Schools

School District Munising Public Schools

Others

Ownership LLC

SqFt Source Appraisal

Energy Description Electric,Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX 1ST REALTY

NEARBY SCHOOL & BUSINESS

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Erion Gjysma

Erion Gjysma

Agent | License ID: 6501404730

+1(586) 855-8465

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115 chestnut Street