116 Oak, Ishpeming, MI 49849

Here is a unique opportunity to turn sweat equity into an awesome investment property! The building has 3 apartments (Apt A 2 bedroom 800 sq ft) (Apt B 3 bedroom 2 bath 1500 sq ft) (Apt C 3 bedroom 1100 sq ft). You could live in one and fix up the others. You could make an additional $1200 a month and have your investment paid back in 5+ years. Each apartment has an enclosed porch and a small yard area. Two of them need just a few touches before they are ready to make you money and one that is a blank canvas that needs a handyman's touch. After the owners purchased the building in 2011, they noticed many broken pipes so they have replaced plumbing lines throughout (new Pex hot and cold lines), new registers in each room, a new boiler, new water heater, and new exterior electric meter (along with upgraded panels for each apartment to 100 amp with Apt B at 200amp).