For Sale
$385,000

219 Arch St Marquette, MI 49855

East Side gem: 3-unit apartment building.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This meticulously maintained three-unit apartment building, located at 219 E Arch St in Marquette, Michigan, presents a compelling investment opportunity. The property boasts a desirable East Side location, just blocks from Lower Harbor Park and Lake Superior. The building comprises three units: two one-bedroom, one-bathroom apartments and one two-bedroom, one-bathroom apartment. All units are currently rented, exhibiting an excellent rental history, providing immediate cash flow. Significant recent upgrades enhance the property's value and appeal. These include a new boiler heating system and roof (2022), new vinyl siding and windows (2023), and new flooring in two units (2022). Each unit offers individual storage, and a shared coin-operated laundry is conveniently located in the spacious basement. The basement also provides ample additional storage space. A large backyard complements the property, offering tenants outdoor space. With a total square footage of 1,760, this Class B multifamily property is priced at $385,000 and represents a solid investment in a highly sought-after Marquette neighborhood. The combination of strong rental income, recent renovations, and prime location makes this an exceptional opportunity for discerning investors. The property's zip code is 49855.

Property Details for 219 Arch St

Property type
Apartment buildings
Square Feet
1,760 SF
Class
B
Units
3

Location Insight

City
Marquette
County
Marquette
State
Michigan
Latitude
46.546394
Longitude
-87.3895567

FAQs

What type of property is this?
Apartment building - East Side gem: 3-unit apartment building.
Where is the apartment building located?
The property is located at 219 Arch St Marquette, MI.
What is the asking price?
The asking price for this property is $385,000.
How can I contact the broker?
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219 Arch St
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