522 W Union Street Active Save Request In-Person Tour Request Virtual Tour
Lake City,MI 49651
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,768 sqft
Price per Sqft $214
Subdivision Mi
MLS Listing ID 1931511
Style 1 Story
Year Built 1988
Annual Tax Amount $5,871
Lot Size 0.610 Acres
Acres 0.61
Lot Dimensions 162x165
Property Sub-Type Multi-Family
Property Description
Income-Producing Duplex Near Downtown Lake City & Lake Missaukee! Welcome to 522 West Union St., a spacious and well-maintained duplex in the heart of Lake City. Built in 1988 and updated in 2018, this exceptional investment property offers 5,244 sq. ft. of finished living space across two attached units—each featuring three bedrooms, two bathrooms, and an attached garage. Both units are currently leased to long-term tenants, generating $2,000/month and $1,400/month, making this a solid income-producing opportunity. Located just moments from the local school, downtown amenities, and scenic Lake Missaukee, this property offers convenience, space, and strong rental potential. Whether you’re expanding your investment portfolio or seeking a multi-family living opportunity, this duplex is a must-see!
Location
State MI
County Missaukee
Area Lake City (57017)
Zoning Multi-Family,Residential
Rooms
Basement Poured
Dining Room Pantry
Kitchen Pantry
Interior
Interior Features Cathedral/Vaulted Ceiling,Walk-In Closet
Heating Forced Air
Cooling Ceiling Fan(s),Exhaust Fan
Appliance Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer
Exterior
Parking Features Attached Garage
Building
Story 1 Story
Foundation Slab
Water Public Water
Schools
Elementary Schools Lake City Upper Elementary Sch
Middle Schools Lake City Middle School
High Schools Lake City High School
School District Lake City Area School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash