301 Nicholas

Palmer, MI 49871
  • $350,000

    Price
  • 8

    Bed
  • 4

    Bath
  • 3,072

    SqFt

About the Listing 107260 - UP5698

This well-maintained four-unit apartment building in Palmer offers a strong rental history and consistent occupancy, making it an attractive addition to an investment portfolio. Each unit features two bedrooms and one full bathroom, with recent updates to the bathrooms and flooring. All four units are currently occupied under year-long leases at $850 per month, with tenants responsible for their own electric service. A coin-operated laundry area in the basement provides added convenience, while indoor storage spaces offer tenants extra room for their belongings. Palmer is a small community known for its welcoming atmosphere and neighborly feel, while also offering convenient proximity to a major area employer. With steady income potential and practical tenant features, this fully occupied property presents an appealing investment opportunity with an established rental history.

Listing Highlights

Status Active
Days on Site 15
Property Type Multi-Family
MLS ® 50215315
Year Built 1965
Total Square Footage 3,072
Lot/Acreage 0.26
County Marquette
Neighborhood N/A
School District Negaunee Public Schools

Interior Details

  • Bedrooms: 8
  • Bathrooms: 4 Full
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 3072
  • Below Ground Sq Ft: n/a
  • Basement: Full
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 100x150x50x75x50x75
  • Roof:
  • Others:
  • Sewer: Public Sanitary

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

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  • in Taxes
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Questions About..

301 Nicholas Palmer, MI 49871

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Originating MLS: Upper Peninsula Assoc of Realtors

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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