W5514 First Street, Hermansville, MI 49847
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W5514 First Street, Hermansville, MI 49847
W5514 First Street, Hermansville, MI 49847
W5514 First Street, Hermansville, MI 49847
W5514 First Street, Hermansville, MI 49847
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Realty Executives Home Towne

Realty Executives Home Towne

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$ 180,000
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W5514 First Street Hermansville, MI 49847

14 Beds

7 Baths

8,610 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,610 sqft

Price per Sqft $20

Subdivision Mi

MLS Listing ID 50206535

Style 2 Story

Bedrooms 14

Full Baths 7

Year Built 1930

Annual Tax Amount $5,716

Tax Year 2025

Lot Size 0.480 Acres

Acres 0.48

Lot Dimensions 120 x 174

Property Sub-Type Multi-Family

Property Description

Great investment opportunity in Hermansville! This seven-unit multi-family property offers immediate income potential with five units currently leased and generating revenue. A sixth unit is in the process of being refreshed and will be ready for occupancy soon, providing additional upside. The seventh unit presents a value-add opportunity for investors looking to renovate and maximize returns. Situated on a spacious parcel that includes two lots, this property offers room for future expansion or added income streams. Whether you're looking to grow your portfolio or step into multi-family investing, this property combines current cash flow with long-term potential

Location

State MI

County Menominee

Area Meyer Twp (55017)

Zoning Commercial

Rooms

Basement Block, Poured

Dining Room Eat-In Kitchen

Kitchen Eat-In Kitchen

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Exterior Feature Other

Parking Features Attached Garage

Garage Spaces 1.0

Building

Lot Description Deep Lot - 150+ Ft.

Story 2 Story

Foundation Basement

Water Private Well

Structure Type Other

Schools

School District North Central Area Schools

Others

Ownership LLC

SqFt Source Assessors Data

Energy Description Natural Gas

Financing Cash

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by UPWARDS REAL ESTATE

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W5514 First Street