Duplex with Updated
For Sale
$134,900
1038 MICHIGAN AVE, Baldwin, MI 49304
Duplex offers two leased units with separate gas and electric meters, furnaces, and water heaters.
Property Size1,640 SF
Price / SF$82.26
Days on Market872
Property Features for 1038 MICHIGAN AVE
General Information
Standard status
Active
Size
1,640 SF
Property subtype
Industrial
Amenities
3
Composition
50150
Building Details
Tenancy
Multi
Listing Agency:
North West Realty, LLC
(231) 745-4646
Listed By:
Christian Radden · License #6501303165
(231) 690-9555
Source:
Xome
Added: Apr 14, 2024
Changed: Sep 1
Last Checked: Sep 2 at 1:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of North West Realty, LLC
Investment Insights
Based on property information with market context.
This duplex includes two separate living units. The larger unit features living quarters on both upper and lower levels, with two bathrooms. The smaller unit is located on the main floor and includes one bathroom.
Some system updates were completed in 2021, including new electric upstairs, a new furnace and ductwork, and a new water heater in the larger unit. The roof for the entire building was also replaced in 2021. Both units have separate gas and electric meters, along with separate furnaces and water heaters.
The property is located right in town with proximity to shopping and other amenities. Both units are leased and occupied at this time, and the sale is subject to tenant lease rights.
Some system updates were completed in 2021, including new electric upstairs, a new furnace and ductwork, and a new water heater in the larger unit. The roof for the entire building was also replaced in 2021. Both units have separate gas and electric meters, along with separate furnaces and water heaters.
The property is located right in town with proximity to shopping and other amenities. Both units are leased and occupied at this time, and the sale is subject to tenant lease rights.
Key Highlights
- Duplex with 2 leased units and separate utilities, including gas and electric meters
- Large unit has living quarters on both upper and main levels and 2 bathrooms
- Smaller second unit is on the main floor and includes 1 bathroom
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
Explore this area
Business Placement
Demographics for 49304, MI
4,979
Population
5,773
Households
0.9
Avg Household Size
50
Median Age
10%
College-Educated
77%
High-School Grad
113.8 sq mi
ZIP Area
44
Density / Sq Mi
$39,567
Median Household Income
$22,699
Median Earnings
$854
Median Rent
$110,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex offers two leased units with separate gas and electric meters, furnaces, and water heaters.
Where is this duplex located?
The property is located at 1038 MICHIGAN AVE Baldwin, MI.
What is the asking price?
The asking price for this property is $134,900.
What are key features of this property?
This property features: Duplex with 2 leased units and separate utilities, including gas and electric meters; Large unit has living quarters on both upper and main levels and 2 bathrooms; Smaller second unit is on the main floor and includes 1 bathroom
