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8196 Us2, 
Rapid River, MI 49878

$269,900


7

Beds


7

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Tammy Garling

Key Realty Delta County LLC.

906-233-7455

Last updated:

April 15, 2025, 10:15 AM

MLS#

50166957

Source:

MI REALSOURCE

About This Home

8196 Us2

Welcome to a fantastic investment opportunity in Rapid River – a 7-unit property ready to generate steady income for you. Currently, all units are rented out , offering a reliable stream of rental income. The rental rates are favorable, and utilities, including cable, are conveniently included. This property boasts a strong rental history, ensuring a stable and lucrative investment for the future. Tenants can also enjoy a designated picnic area for added comfort and relaxation. Additionally, there's a 2-car detached garage available for personal use or as an additional rental opportunity, providing even more potential for income generation. The unit mix includes 6 studios and a spacious one-bedroom unit, catering to a diverse range of tenants. Numerous updates have been made throughout the years, enhancing the property's appeal and value. Most units are rented on a monthly basis, with some owners also accepting weekly rentals, maximizing occupancy rates. With a total monthly rent of $4805.00 this investment promises excellent returns. Don't miss out on this incredible opportunity to secure a profitable investment in Rapid River. Contact us today to learn more and seize the chance to add this gem to your portfolio. The roof is scheduled to be replaced as weather permits.

Home Facts

Multi-Family

7 Baths

7 Bedrooms

Built in 1970

Price Summary

269,900

MLS #:

50166957

Last Updated:

April 15, 2025, 10:15 AM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

7


Structure

Structure

Year Built:

1970


Lot

Lot Size (Sq. Ft):

21,780


Finances & Disclosures

Finances

Price:

$269,900

Source:MI REALSOURCE
The information being provided by MiRealSource, Inc. is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 MiRealSource, Inc. All rights reserved.

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.