Properties for sale in Michigan

Location Property Info

County: Manistee
Street #: 7378
Street Name: Chief
Suffix: Road
State: MI
Zip Code: 49614

General Property Info

Lot Measurement: Acres
Lot Square Footage: 74923
Lot Acres: 1.72
Lot Dimensions: 150x308
Year Built: 1900
New Construction: No
Road Frontage: 150
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: Yes
Total Parking Spaces: 6
Waterfront: No
School District: Onekama
Association YN: No
Basement: Yes

Tax Info

Tax ID #: 02-034-400-07
Taxable Value: 53512
SEV: 191800
For Tax Year: 2025
Seller's Annual Property Tax: 2555
Tax Year: 2025
Spec Assessment & Ty: unknown
Zoning: Residential
Homestead %: 0

Remarks Misc

Directions: IS 31 To 8 Mile, East to Chief, South to home.

Access Feat

Accessibility Features: Yes

More Information

Unit 1

Unit #: Yes
Unit Description: House
Occupied: Yes
Monthly Rent: 1200
Bathrooms: 2
Full Baths: 2

Unit 2

Unit #: 2
Unit Description: Middle
Identical Units: 2
Occupied: Yes
Monthly Rent: 900
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit #: 3
Unit Description: North unit
Identical Units: 2
Occupied: Yes
Monthly Rent: 900
Bathrooms: Yes
Full Baths: Yes

Location & Property Info

Cross Streets: 8 Mile
Property Sub-Type: 2 to 4 Units
Municipality: Bear Lake Twp
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: Discover this multi-unit investment property in Bear Lake, Michigan, featuring a substantial lot spanning nearly 75,000 square feet. This 2 to 4 unit property presents an excellent opportunity for investors seeking to diversify their real estate portfolio with multiple revenue streams. The generous land size provides flexibility for future development or expansion considerations. Positioned in the Bear Lake area, this property offers potential for long-term appreciation and sustained income generation. Whether you're an experienced investor or expanding your holdings, this multi-unit offering warrants serious consideration.
Legal: PT NE 1/4 OF SE 1/4 LYING N OF M + NE RR R/W, COM 280 FT N OF N RAIL RR ALG E LI OF SD 1/4, W PARA WITH RR R/W 300 FT, S TO N RR R/W, E ALG N RR R/W TO E LI OF SD 1/4, N TO POB. SEC 34 T23N R15W. 1.72 A*M/L. SALE(80) 6391 0306-9, 23-4 1391 0327

Lot Description

Level: Yes

Street Type

Paved: Yes

Util Avail at Street

Electricity Available: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Septic Tank: Yes

Water

Private Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

No: Yes

Laundry Features

Main Level: Yes

Exterior Material

Block: Yes
Wood Siding: Yes
Other: Yes

Roofing

Composition: Yes
Rubber: Yes
Other: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes
Hot Water: Yes

Air Conditioning

None: Yes

Accessibility Feat

Covered Entrance: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Trash: Yes

Driveway

Gravel: Yes
Unpaved: Yes

Substructure

Crawl Space: Yes
Michigan Basement: Yes

Extras

Sep Electric Meter: Yes
Sep Gas Meter: Yes

Owner Pays

None: Yes

Possession

Subject To Tenant Rights: Yes

Property Features

Laundry Features: Main Level Accessibility Feat: Covered Entrance Exterior Material: Block; Wood Siding; Other Roofing: Composition; Rubber; Other Substructure: Crawl Space; Michigan Basement Lot Description: Level Sewer: Septic Tank Water: Private Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Electricity Available Extras: Sep Electric Meter; Sep Gas Meter Owner Pays: None Tenant Pays: Electric; Gas; Trash Heat Source: Natural Gas Heat Type: Forced Air; Hot Water Air Conditioning: None Driveway: Gravel; Unpaved Street Type: Paved Mineral Rights: No Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None

7378 Chief Road, Bear Lake, MI 49614

Overview

Description

Listing Details MLS# 26034564