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    8-Unit Multifamily Apartment Building
    Updated: Apr 15, 2025
    8-Unit Multifamily Apartment Building

    1341 S Lakeshore Drive, Lake City, MI 49651

    $420,000
    4,880 sqft 2.11 AC lot
    Fully occupied 8‑unit apartment building with 6 double‑bed units and 2 king‑bed units
    2.11‑acre lot with room to build additional units
    Approximately 2,448 SF total living space
    80 x 34 pool house with separate men’s and women’s bathrooms
    56 x 24 pole barn for storage rental or added income
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    Turnkey Multifamily with Expansion Potential
    Updated: Apr 20, 2025
    Turnkey Multifamily with Expansion Potential

    Lake City, MI 49651

    $420,000
    2,448 sqft 2.11 AC lot
    Turnkey, fully rented 8‑unit apartment complex providing immediate, stable income.
    Significant expansion potential on a 2.11‑acre lot.
    High‑visibility location on M‑66/S. Lakeshore Drive.
    Includes an 80 x 34 pool house, suitable for restoration or conversion.
    Proximity to Lake Missaukee, downtown Lake City, and other Northern Michigan attractions.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Missaukee County, MI, we suggest exploring several alternatives:

    Missaukee County, MI Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Missaukee County, MI on our real estate platform. These investment opportunities span a total of 7,328 square feet of properties for sale, with an estimated market value of $840,000.

    Sale prices for two-family homes in Missaukee County, MI average $420,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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