RENTAL INVESTMENT OPPORTUNITY - Close proximity to Michigan Tech's campus and the convenience of being close to downtown Houghton! This 8 bedroom, 2 bathroom home has a fantastic rental income. Being licensed for 8 occupants by the City of Houghton and zoned multi-family it is a great investment property. Rental income for the 2017-2018 school lease year is $385 per person for a monthly total of $3,080. Tenants pay their utilities. The owner has invested back into this property with a new roof and siding in 2015. Parking isn't an issue as there is a nice side lot were tenants can park comfortably. 1st Level: 2 bedrooms; 2nd Level 4 bedrooms; 3rd Level 2 bedrooms. Approximate room sizes continued: Bedroom 6: 11x11 Level 2; Bedroom 7: 15x9 Level 3; Bedroom 8: 12x14 Level 3. Also Listed as MLS 1106166. Total square footage of 2459 +/- includes 3rd level of approximately 682 +/- square feet.
No addendum available