107 N Tamarack St, Gwinn, MI 49841

Description

Located just three blocks behind the police station in the Village of Gwinn, this duplex offers a peaceful setting along a scenic stream and may include a small amount of frontage along the Escanaba River. The property features two 2-bedroom units, with one unit on the main level and the second on the upper level. It also appears the home was originally constructed as a single-family residence and could potentially be converted back to a spacious single-family home if desired. Both units are currently occupied on a month-to-month basis, providing immediate rental income along with flexibility for an owner-occupant or investor. The property is separately metered for electricity, while water and natural gas services are shared between the units. The seller is willing to continue with the current tenants in place or can provide vacant possession prior to closing if desired. Recent improvements include a newer metal and rubber roof. The property is serviced by city water and sewer, electricity, and natural gas heat, providing reliable and affordable utility services. While both the interior and exterior reflect the property's age and would benefit from updating, this duplex presents an excellent opportunity to build equity through improvements and renovations. Whether you're looking to expand your investment portfolio or reduce your housing expenses, this property offers the opportunity to live in one unit while your tenant helps contribute toward the mortgage payment.