12218 7th Street, Bear Lake, MI 49614-9501
12218 7th Street, Bear Lake, MI 49614-9501
12218 7th Street, Bear Lake, MI 49614-9501
44
$235,000
$235,000
Est.Price: ?

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0.67 Acres Lot

12218 7th Street Bear Lake, MI 49614-9501

Est. payment /mo
SOLD DATE : 04/15/2026

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Key Details

Sold Price $235,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70517531

Sold Date 04/15/26

Year Built 1992

Annual Tax Amount $2,130

Tax Year 2025

Lot Size 0.670 Acres

Acres 0.67

Lot Dimensions 140x 261/130

Property Sub-Type Multi-Family

Property Description

Charming Bear Lake duplex with solid income potential! This cute, clean property features two well-kept 2-bedroom, 1-bath units, each with its own garage and laundry. Currently bringing in $1,800 per month total ($900 per unit), it's a great opportunity for an investor or owner-occupant looking for steady cash flow in a desirable lakeside community. Tidy, functional, and easy to love -- this is a smart addition to any portfolio.Property functions on private well and septic with natural gas furnace for each unit. Both units have individual gas and electric meters to keep utilities separate. Great location only short walk to Bear Lake and many of the town's conveniences; Bear Lake School, Library and Post Office. Purchase as your primary and use the income from other unit as your own to finance or make easy conversion to 4 bedroom home for your future living needs.

Location

State MI

County Manistee

Area Bear Lake Twp (51002)

Interior

Heating Forced Air

Cooling None

Exterior

Exterior Feature Vinyl Siding

Parking Features Additional Garage(s)

Building

Foundation Crawl

Structure Type Vinyl Siding

Schools

School District Bear Lake School District

Others

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional,FHA,VA,Rural Development

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Essential Real Estate
Bought with Five Star Real Estate - Onekama

Nearby Locations

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Stephen Houston

Stephen Houston

Agent

+1(989) 332-4245

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