204 Fisher St, Marquette, MI 49855
Exceptional investment opportunity awaits in Marquette, Michigan, with this fully rented duplex located at 204 Fisher Street. This charming side-by-side property sits on a corner lot at the intersection of Fisher and Third Street, offering convenient access to local amenities. The building comprises two separate units, each boasting two bedrooms and one bathroom, providing ample living space for tenants. Each unit enjoys the convenience of separate utilities, with the exception of water. One unit showcases a recent remodel, featuring stunning bird's-eye maple floors and a luxurious walk-in shower, enhancing its appeal and rental value. The other unit is equipped with a boiler, while the remodeled unit features a furnace, ensuring efficient and independent heating systems. This property presents a unique opportunity for investors seeking a hands-off approach, with the potential for substantial rental income. The property's location in a desirable area of Marquette further enhances its investment potential. The total square footage is 1,749 square feet, spread across the two units. The asking price for this turnkey investment is $228,000. Don't miss this chance to acquire a profitable and well-maintained multifamily property in a thriving Michigan community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.