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522 W Union Street B Lake City, MI 49651
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Key Details
Sold Price $379,900
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,768 sqft
Price per Sqft $214
MLS Listing ID 78080054886
Sold Date 05/16/25
Style Duplex
Year Built 1988
Annual Tax Amount $5,871
Lot Size 0.610 Acres
Acres 0.61
Lot Dimensions 162x165
Property Sub-Type Duplex
Source Aspire North REALTORS®
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 unitsâ€"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
Zoning Multi-Family,Residential
Interior
Interior Features Other
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace no
Heat Source Natural Gas
Exterior
Porch Patio
Garage no
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Duplex
Level or Stories 1 Story
Schools
School District Lake City
Others
Pets Allowed Yes
Tax ID 05150010201
Ownership Private Owned
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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