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Jenn Smart

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514 514-516 S 15th , Escanaba, MI 49829
$149,000
Est. Payment: $776.46/mo
4 Bed
2 Bath
1345 Sqft
Status: active with contingency | Days on site: 24
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Attention investors and home buyers! Check out this opportunity to own two homes on one lot. Perfect for the investors with potential to build a 3rd rental above the home closest to the street. And a great chance for first time home buyers who will benefit from the supplemental income generated by the other rental home. House in back has a new roof and new refrigerator. House in front has all new carpeting, fully cleaned, a fresh paint job and available for immediate occupancy. Both homes come with chain link fenced-in yards, providing privacy and outdoor space for tenants and including separate off street parking areas. The home in front has a metal roof and the upstairs has potential to be turned into a 3rd rental unit on the property. Both houses have a full basement with laundry hook ups. The property is conveniently located near various schools and is just a short walk away from downtown Escanaba. Making it convenient for shopping, dining, and entertainment. Whether you're looking for an investment or an affordable living situation, this opportunity doesn't come around very often so schedule your showing today!

Highlights

Listed by KYLE SOLIS , 906-241-4870 KEY REALTY DELTA COUNTY LLC , 906-233-7455. MiRealSource, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

1902

County

Delta

Area

Escanaba (21010)

Neighborhood

No

School District

Escanaba Area Public Schools

Listing ID

50217873

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Range/Oven, Refrigerator
Air Cond:Ceiling Fan(s)
Fireplaces:
Above Ground Sq Ft:1345
Basement:Full
Other:
  • Additional:Eat-In Kitchen
Water:Public Water

Exterior Features

Lot Dimensions:50' x 133'
Zoning:Multi-Family,Residential
Others:
  • Additional:Deck, Fenced Yard, Porch, Sidewalks, Street Lights, Fence Owned
Sewer:Public Sanitary
Principal Interest
$776
Taxes
$179

Home Price

$149,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$29,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$776.46

Principal

Taxes

Principal Taxes HOA Total
Monthly $776.46 $179.13 $0.00 $955.59
Yearly $9,317.52 $2,149.60 $0.00 $11,467.12
Total $279,525.50 $64,488.00 $0.00 $344,013.50
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Escanaba, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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Data last updated: 2026-09-02T04:57:55.100Z

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