Well maintained 6 plex located in the City of Negaunee with very good rental history. Unit 5 and 6 have 2 non-conforming bedrooms. Unit 6 currently pays reduced rent as the tenant provides maintenance for the building. New Roof on the apartment building in 2015. Attached garage is currently rented out for storage. Garage was built in 1958. 1/3 of the garage space is rented long term annually for $1,020 and 2/3 is rented out November - March for an additional $1,000 per year. Garage does have 3 phase power. Property taxes are currently $2,060/year. Seller pays all utilities. Natural Gas (budget) $270/month and Water/Electric runs between $500 - $700/month. Each unit has its own electric meter and could be tenant's responsibility, however, connection fee to switch to individual units is approximately $600/meter.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
