1038 Michigan St Baldwin, MI 49304
- Industrial properties
- 1,640 SF
- 0.18 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 1038 Michigan St
- Lot size
- 0.18 lot acres
- Property size
- 1,640 SF
- Property type
- Industrial properties
Description
This exceptional investment opportunity presents a well-maintained duplex situated in the heart of Baldwin, Michigan. The property boasts a total of 1,640 square feet situated on a 0.18-acre lot. The larger unit, spanning two floors, includes living quarters on both levels and two separate bathrooms. Recent upgrades (2021) encompass a new upstairs electrical system, furnace, ductwork, and water heater. The entire building's roof was also replaced in 2021, ensuring long-term structural integrity. The smaller unit, located on the main floor, features one bathroom. Both units are equipped with independent gas and electric meters, furnaces, and water heaters, offering efficient utility management and potential for increased rental income. Conveniently located within the village, the property enjoys proximity to local shopping and amenities. Currently, both units are leased and occupied, providing immediate cash flow. The sale is contingent upon existing tenant lease agreements. This property represents a strong investment opportunity with significant potential for future returns. The combination of recent updates, desirable location, and existing tenancy makes this a compelling proposition for discerning investors.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baldwin
- County
- Lake
- State
- Michigan
- Longitude
- -85.8513
- Latitude
- 43.8985
