$235,000

12218 7th Street, Bear Lake, MI 49614

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1992
  • Property Lot Size Icon0.67acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Charming Bear Lake duplex with solid income potential! This cute, clean property features two well-kept 2-bedroom, 1-bath units, each with its own garage and laundry. Currently bringing in $1,800 per month total ($900 per unit), it's a great opportunity for an investor or owner-occupant looking for steady cash flow in a desirable lakeside community. Tidy, functional, and easy to love -- this is a smart addition to any portfolio.Property functions on private well and septic with natural gas furnace for each unit. Both units have individual gas and electric meters to keep utilities separate. Great location only short walk to Bear Lake and many of the town's conveniences; Bear Lake School, Library and Post Office. Purchase as your primary and use the income from other unit as your own to finance or make easy conversion to 4 bedroom home for your future living needs.

Listing Status:
Active
Data Last Updated:
March 5, 2026 at 2:45PM
Listing Office:
Essential Real Estate :
Listing Agent:
Jenna Mahoney : 231-942-9334
MLS ID:
70517531
  • A/C: None
  • Heating: Forced Air
  • General: Vinyl SidingCrawl
  • Road/Access: City/County
  • Originating MLS: MiRealSource
  • School District: Bear Lake School District
  • County: Manistee
  • Zoning: WILDWOOD LOTS 57 & 8 & N 26 FT OF LOTS 9 & 10 BLOCK 19. SALE(76) 3344 0770 (93) 20 1584 03185 1584 0319 (96) 3631 0051 (98) 3683 0039 (00) 800 4741 0163 (02) 3785 0055 (09) QC 2009R005108
  • Source: MiRealSource

This listing courtesy of Jenna Mahoney , Essential Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Bear Lake Elementary School

7748 Cody St, Bear Lake, MI, 49614

Grades PK-6

1.21 miles away

B

Bear Lake High School

7748 Cody St, Bear Lake, MI, 49614

Grades 7-12

1.21 miles away

B

Bear Lake High School

7748 Cody St, Bear Lake, MI, 49614

Grades 7-12

1.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.