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115 Chestnut, Munising, MI 49862

  • $125,000

    •

  • 4

    bed

  • 2

    bath

  • 1,662

    Sqft ($75/Sqft)

Multi-family for sale 46 days
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About 115 Chestnut

Property type Multi-family
Neighborhood
Year built 1890
HOA fee $0/month
Lot size 3,920 Sqft
Movoto estimate
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.
Listed by
Listing Agent - KINGSLEY AGASSI
Listing Office - RE/MAX 1ST REALTY
Source: MiRealSource, Inc mls logo
MLS#50208888 • last updated 1 week ago
Movoto checked MiRealSource, Inc for data 4 minutes ago
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Overview
Heating Forced Air
Levels/Style Conventional Frame
Status Active
Type Multi-Family
SubType 1 To 4 Units
Lot Size (Acres) 0.09
Total Tax Amount 2719.48
Year Built 1890
Interior
# of Full Baths 2
Appliances Range/Oven
Exterior
Foundation Slab
Exterior Features Deck
Construction Vinyl Siding
Garage Desc Additional Garage(s)
Parking Desc 3 Or More Spaces
Amenities / Utilities
Sewer/ Septic Public Sanitary
Water Public Water
Electricity 100 Amp Service
Utilities Electricity Connected, Natural Gas Connected
Water Heater Electric
Location
Water Features None
County Munising (02012)
Subdivision N.a
Zoning Residential
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6/10
William G. Mather Elementary School
public Grades PK, K-6
Munising Public Schools
5/10
Munising High And Middle School
public Grades 6-12
Munising Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

Around Munising (02012)

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View homes for sale in 49862, MI
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Walk
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Family
12/100
Dining
61/100
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  • Real Estate
  • MI
  • Alger County
  • Munising
  • 49862
  • 115 Chestnut

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