For Sale
$240,000

541 Spring St Marquette, MI 49855

Fully rented, prime location, two units.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a fully rented duplex located at 541 W Spring St, Marquette, MI 49855. The property, classified as a Class C multifamily building, boasts a total of 1,656 square feet and comprises two separate apartment units. The upper unit features two bedrooms and one bathroom, while the lower unit offers two bedrooms and two bathrooms. This desirable location places the property in close proximity to Marquette's downtown area and the local hospital, ensuring high occupancy rates and strong rental demand. The asking price for this turnkey investment is $240,000. Showings are available Wednesdays through Fridays, between 3:30 PM and 8:00 PM. Note that an adjacent duplex is also available for purchase (MLS#50150811). This property represents a compelling addition to any investment portfolio, offering immediate cash flow and significant long-term potential in a thriving Michigan community. The property's convenient location and well-maintained condition make it an attractive option for both seasoned investors and those new to the market. Serious inquiries are encouraged to schedule a viewing and explore this lucrative investment opportunity further.

Highlights

  • $240,000 asking price.
  • Multifamily apartment building (duplex).
  • Class C property.
  • 1,656 square feet.
  • Two units, fully rented.
  • Located in Marquette, MI, near the hospital and downtown.

Property Details for 541 Spring St

Property type
Apartment buildings
Square Feet
1,656 SF
Class
C
Units
2

Location Insight

City
Marquette
County
Marquette
State
Michigan
Latitude
46.5430429
Longitude
-87.404274

FAQs

What type of property is this?
Apartment building - Fully rented, prime location, two units.
Where is the apartment building located?
The property is located at 541 Spring St Marquette, MI.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: $240,000 asking price.; Multifamily apartment building (duplex).; Class C property.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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541 Spring St
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