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7378 Chief Road

Bear Lake, Michigan 49614
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Bed 8

Bed

Bath 0

Bath

Acres1.72

Acres(Lot)

Discover this multi-unit investment property in Bear Lake, Michigan, featuring a substantial lot spanning nearly 75,000 square feet. This 2 to 4 unit property presents an excellent opportunity for investors seeking to diversify their real estate portfolio with multiple revenue streams. The generous land size provides flexibility for future development or expansion considerations. Positioned in the Bear Lake area, this property offers potential for long-term appreciation and sustained income generation. Whether you're an experienced investor or expanding your holdings, this multi-unit offering warrants serious consideration.

Detail Ic Property Details

Property Type : Multifamily

Price : $389,900

AD Id : 87763139

MLS Id : 67026034564

Beds : 8

Lot Size : 1.72 Acres

Year Built : 1900

County : Manistee

  • Map Map

Map

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Feature Features

  • Interior Features

    Laundry Facility Roof: Composition,Other,Rubber
  • Heating & Cooling

    Heating: Forced Air,Hot Water Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1900 Total Units: 3 Roof: Composition,Other,Rubber Foundation/Basement: Crawl,Michigan Basement
  • Utility Features

    Sewer: Septic Tank (Existing)
  • Water

    Other

  • Lot Information

    Lot Size: 1.72 Lot Dimensions: 150x308 Frontage Feet: 150
  • Property Information

    Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $389,900
  • Listing Information

    Possession: Subject To Tenant Rights Legal Description: PT NE 1/4 OF SE 1/4 LYING N OF M + NE RR R/W, COM 280 FT N OF N RAIL RR ALG E LI OF SD 1/4, W PARA WITH RR R/W 300 FT, S TO N RR R/W, E ALG N RR R/W TO E LI OF SD 1/4, N TO POB. SEC 34 T23N R15W. 1.72 A*M/L. SALE(80) 6391 0306-9, 23-4 1391 0327

  • Tax Information

    Annual Tax: $2,555 Parcel Number: 0203440007
  • Possession

    Subject To Tenant Rights
  • Legal Information

    Legal Description: Section: PT NE 1/4 OF SE 1/4 LYING N OF M + NE RR R/W, COM 280 FT N OF N RAIL RR ALG E LI OF SD 1/4, W PARA WITH RR R/W 300 FT, S TO N RR R/W, E ALG N RR R/W TO E LI OF SD 1/4, N TO POB. SEC 34 T23N R15W. 1.72 A*M/L. SALE(80) 6391 0306-9, 23-4 1391 0327

  • Unit 2 Information

    # of Bedrooms: 2

  • School Information

    School District: Onekama
  • Utility Information

    Water: Other Sewer: Septic Tank (Existing)
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 07/19/2026 @ 01:41

MLS: 67026034564 LISTED BY: Brenda Cronan , Coldwell Banker ALM REALTY 231-723-3555 SOURCE: Realcomp II Ltd

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