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$419,900
0.43 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Rent
Subdivision Plan Of The Village Of Et
MLS Listing ID 77080070123
Style Apartment,Victorian
Year Built 1890
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type MultiFamily
Property Description
Rare opportunity to own one of East Tawas' landmark properties. Built in the late 1800s by railroad conductor Milo Eastman, this historic home has been converted into five income-producing apartments while preserving much of its original charm. Situated on two city lots, and includes a large two-story carriage house with original wood floors and an attached storage area. The building features five units. Apartment #5 is a spacious two-story, 3-bedroom, 1.5-bath unit with a private porch, laundry room, tall ceilings, stained glass, and approximately 1,400-1,500 sq. ft. Apartments 2, 3, and 4 are one-bedroom units of varying sizes. Apartment #1 is a spacious open-floor-plan studio. All units are tenant occupied and leases are on a month-to-month basis. The property has a strong rental history with minimal vacancy. Improvements include a new concrete driveway for Apartments 1 and 2 and an improved gravel driveway serving the remaining units and carriage house, both completed in 2022. All new roofing in 2008. Located within walking distance to downtown East Tawas and Lake Huron, the property offers stained glass, tall ceilings, original trim, and spacious rooms throughout. After many years of ownership, the sellers are ready to pass this treasured property to its next owner. Bring your offers. Land contract terms available for qualified buyers. Showings by appointment to pre-approved buyers only. Please do not disturb tenants.
Location
State MI
County Iosco
Area Area35071Tawastwp
Rooms
Basement Exterior Entry, Full
Interior
Interior Features WalkInClosets
Heating Baseboard, Natural Gas, Other Heating Source
Cooling Ceiling Fans, Other
Flooring Hardwood
Fireplace No
Exterior
View Y/N No
Building
Foundation Basement
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Tawas
Others
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
Special Listing Condition Standard
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Listed by SHANNONE BONDIE of STERLING PROPERTIES
NEARBY SCHOOLS & PROPERTIES
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