801 1st Avenue South, Escanaba, MI 49829

Income-Producing Quadplex with Occupied Units! All units are one-bedroom apartments and are currently rented, providing immediate rental income. Each unit has separate electric, with tenants responsible for their own electric usage. Heat and water are included in the rent, with efficient hot-water boiler heat serving the building. Current monthly rents are $950, $850, $850, and $825, for a total of $3,475/month or $41,700 annually in scheduled gross rental income. A solid investment opportunity for an investor looking to add an income-producing property to their portfolio.