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    Lake City, MI Multifamily Properties for Sale

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    Mc Bain, MI Cadillac, MI Manton, MI
    Lake City Multifamily Investment Opportunity
    $420,000
    4,880 SF

    Lake City Multifamily Investment Opportunity

    1341 S Lakeshore Drive, Lake City, MI 49651

    Turnkey 8-unit multifamily property with expansion potential in Lake City, MI.

    • Turnkey, fully occupied 8‑unit multifamily property providing immediate cash flow.
    • Significant expansion potential on a 2.11‑acre lot, allowing for the construction of additional units.
    • High‑visibility location on M‑66/S. Lakeshore Drive in a desirable four‑season market.
    • Existing pool house (80 x 34) offers options for restoration or conversion into rental units.
    • Includes a 56 x 24 pole barn, providing opportunities for storage rental and added income.
    Updated: Apr 15, 2025
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    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Lake City, MI, we suggest exploring several alternatives:

    Lake City, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Lake City, MI on our real estate platform. These investment opportunities span a total of 4,880 square feet of properties for sale, with an estimated market value of $420,000.

    Sale prices for multifamily properties in Lake City, MI start at $420,000, averaging $420,000, and reaching up to $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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