$235,000
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12218 7th ST Bear Lake Twp, MI 49614
0.67 Acres Lot
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 67026007850
Sold Date 04/15/26
Year Built 1992
Lot Size 0.670 Acres
Acres 0.67
Property Sub-Type MultiFamily
Property Description
Charming Bear Lake duplex with solid income potential! This cute, clean property features two well-kept 2-bedroom, 1-bath units, each with its own garage and laundry. Currently bringing in $1,800 per month total ($900 per unit), it's a great opportunity for an investor or owner-occupant looking for steady cash flow in a desirable lakeside community. Tidy, functional, and easy to love -- this is a smart addition to any portfolio.Property functions on private well and septic with natural gas furnace for each unit. Both units have individual gas and electric meters to keep utilities separate. Great location only short walk to Bear Lake and many of the town's conveniences; Bear Lake School, Library and Post Office. Purchase as your primary and use the income from other unit as your own to finance or make easy conversion to 4 bedroom home for your future living needs.
Location
State MI
County Manistee
Area Area51061Bearlaketwp
Interior
Interior Features Storage
Heating Forced Air, Natural Gas
Fireplace No
Laundry GasDryerHookup
Exterior
Parking Features Asphalt, Garage
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneConnected
Waterfront Description PublicLake
View Y/N No
Roof Type Metal
Building
Lot Description Other
Foundation CrawlSpace
Sewer Septic Tank
Water Well
New Construction No
Schools
School District Bear Lake
Others
Acceptable Financing Cash, Conventional, FHA, MSHDA, UsdaLoan, VaLoan
Listing Terms Cash, Conventional, FHA, MSHDA, UsdaLoan, VaLoan
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