Listing Courtesy of: UPPER PENINSULA / Coldwell Banker Schmidt Realtors Escanaba / Wendy Holzenkamp
$275,000
11
BED
6
BATH
  1309 Ludington St Escanaba, MI 49829
Active (39 Days)

Comments

The iconic "Belaire Apartments" are for sale! The 10 unit apartment complex is fully rented and has always maintained a good rental history with long term tenants. Building is secured and camera system is on premises. There are 8 apartments with 2 bedrooms and 2 apartments with 1 bedroom. There is storage opportunity in basement. Laundry facility is available in the building. Boiler is approximately 8 years old. Each tenant controls their own heat. Each apartment has designated parking space. Month to month leases are in place per current property manager. Seller requires a prequalification letter prior to setting up showings on occupied units. Seller would like to sell the Forum MLS #1124621 with the Belaire as one package.

MLS #
1124624
Lot Size
6,970 SQFT
Type
Multifamily
Year Built
1903
Style
2 Story
School District
Escanaba
County
Delta County
Bathroom Details
  • Full Bathrooms: 6
Lot Information
  • Lot 10 Blk 86 Proprietors 1st Addn.
Property Features
  • Fireplace: None
  • Foundation: Poured
Heating and Cooling
  • Natural Gas Hot Water
  • None
Basement Information
  • Full
Exterior Features
  • Wood
  • Brick
Utility Information
  • Sewer: City
Garage
  • None
Stories
  • 2
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jan 18, 2021
Price Changed
$275,000
-8%
-25,000

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Wendy Holzenkamp
Wendy Holzenkamp