Property Description

Rare opportunity to own one of East Tawas' landmark properties. Built in the late 1800s by railroad conductor Milo Eastman, this historic home has been converted into five income-producing apartments while preserving much of its original charm. Situated on two city lots, and includes a large two-story carriage house with original wood floors and an attached storage area. The building features five units. Apartment #5 is a spacious two-story, 3-bedroom, 1.5-bath unit with a private porch, laundry room, tall ceilings, stained glass, and approximately 1,400-1,500 sq. ft. Apartments 2, 3, and 4 are one-bedroom units of varying sizes. Apartment #1 is a spacious open-floor-plan studio. All units are tenant occupied and leases are on a month-to-month basis. The property has a strong rental history with minimal vacancy. Improvements include a new concrete driveway for Apartments 1 and 2 and an improved gravel driveway serving the remaining units and carriage house, both completed in 2022. All new roofing in 2008. Located within walking distance to downtown East Tawas and Lake Huron, the property offers stained glass, tall ceilings, original trim, and spacious rooms throughout. After many years of ownership, the sellers are ready to pass this treasured property to its next owner. Bring your offers. Land contract terms available for qualified buyers. Showings by appointment to pre-approved buyers only. Please do not disturb tenants.

Property Features

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