Investors Dream! This rare duplex located in Historic Old Town Alpena offers new owners several options. Close to downtown business district and river. Live in one rent the other, rent both or occupy the entire building. Currently certified by the City of Alpena. Amenities on both levels include: two roomy bedrooms, large charming vintage style kitchens and huge full bathrooms. Each unit has two separate entrance ways adding to tenants privacy. Owner's replaced the furnace in 2022 and installed a high efficiency gas forced air model. This is a sizable structure. Great opportunities exist here due to bank interest rates keeping demand on rental housing high. There is money to be paid for investors who plan accordingly. Easy to show and ready to go! Call or text anytime.
Sold for $105,000
$105,000
524 W Lake St, Alpena, MI 49707
4beds
1,740sqft
Single Family Residence
Built in ----
-- sqft lot
$130,100 Zestimate®
$60/sqft
$1,230 Estimated rent
Home value
$130,100
$117,000 - $146,000
$1,230/mo
Zestimate® history
Owner options
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$1,230/mo
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$1,230/mo
Rent Zestimate®
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$543/mo
Est. payment
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$543/mo
Est. payment
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Zillow last checked:
Source: RMLS Multi-List,MLS#: 080-24-0027
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- Basement: Yes
Interior area
- Total structure area: 1,740
- Total interior livable area: 1,740 sqft
Property
Parking
- Parking features: Other
Details
- Parcel number: 09229700007600
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & neighborhood
Location
- Region: Alpena
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2024 | Sold | $105,000-12.4%$60/sqft |
Source: Agent Provided Report a problem | ||
| 7/3/2024 | Listed for sale | $119,900+103.3%$69/sqft |
Source:  RMLS Multi-List #080-24-0027 Report a problem | ||
| 7/1/2008 | Sold | $58,982$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,405 +9.9% | $48,300 +30.5% |
| 2024 | $1,278 +4.9% | $37,000 +15.3% |
| 2023 | $1,218 -1.6% | $32,100 +6.3% |
| 2022 | $1,238 | $30,200 +6% |
| 2021 | -- | $28,500 +10.9% |
| 2020 | $1,182 +3.3% | $25,700 +6.6% |
| 2019 | $1,145 +4% | $24,100 +5.7% |
| 2018 | $1,101 | $22,800 +9.1% |
| 2017 | -- | $20,900 +6.1% |
| 2016 | $191 | $19,700 +3.7% |
| 2015 | $191 -2.4% | $19,000 -3.1% |
| 2013 | $196 -99% | $19,600 |
| 2012 | $19,600 +2260.3% | $19,600 -18.3% |
| 2011 | $830 | $24,000 |
Find assessor info on the county website
Neighborhood: 49707
Nearby schools
GreatSchools rating
- 4/10Lincoln Community SchoolGrades: K-5Distance: 0.2 mi
- 8/10Alpena High SchoolGrades: 8-12Distance: 2 mi
- 6/10Thunder Bay Junior High SchoolGrades: 6-8Distance: 2.3 mi
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- Michigan
- Alpena County
- Alpena
- 49707
- 524 W Lake St
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