Patricia Rader
REALTOR®
BEDS0
BATHS
MLS#1952354
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMI
SCHOOLTawas Area Schools
Property Description
Investment Opportunity in Downtown East Tawas! This property boasts (5) 1 bedroom, 1 bathroom units, and offers an excellent opportunity for investors looking to establish or expand their real estate portfolio in the heart of the East Tawas area. All five units are currently under lease, generating a gross monthly rental income of $4,400, or $52,800 annually. Situated near downtown East Tawas, the property offers convenient access to local shops, restaurants, entertainment, parks, and the beautiful shores of Lake Huron. The Tawas area is a popular destination for both year-round residents and seasonal visitors, offering small-town charm, outdoor recreation, and a vibrant downtown atmosphere. With five leased rental units, this property offers multiple income streams and immediate rental income for its next owner. Its location near shopping, dining, beaches, and everyday conveniences adds to its appeal as a rental property. Whether you're an experienced investor or looking to enter the rental property market, this is an opportunity to own an income-producing property in one of Northeast Michigan's desirable lakeside communities. Invest in East Tawas and take advantage of everything this beautiful area has to offer!
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Home Style: 2 Story, Apartment, 2 Story, Apartment
Lot Size: 0.24 Acres
Roof Type: Asphalt
Year Built: 1900
Feature Descriptions
Construction: Frame
Days on Site: 6
Heating/Cooling: Baseboard
Heating/Cooling Source: Natural Gas
Interior: Foyer Entrance
Lot Dimensions: 0.24 Acre(s)
Outbuilding(s): Yes
Road: Public Maintained
Sewer: Municipal
Water: Municipal
Waterfront Type: No
Local Schools
School District: Tawas Area Schools
Listed By / Shown By
Listed By
Agency Name: STERLING PROPERTIES
Agency Phone: 989-362-4585
Shown By
Agent Name: Patricia Rader
Agent Phone: (419) 967-0018
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,471.35 per month $1,398.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $72.92 Homeowner's InsuranceChange Payment Information
Patricia Rader
Cell: (419) 967-0018
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411 State E | MLS# 1952354
This multi-family property located at 411 State E, East Tawas, MI 48730 is currently listed for sale with an asking price of $250,000. State E is located within the Tawas Area Schools school district. Search East Tawas real estate on www.callrader.com today.