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$395,000
3 Baths ⋅ 1946582 MLS ⋅ Village Of Fife Lake BLDG.
Built in 1886 overlooking Fife Lake, this historic triplex offers lake views, income potential, and the opportunity to create something special. The expansive deck provides year-round views of Fife Lake, a popular Northern Michigan all-sports lake known for boating, fishing, and year-round recreation. It is the kind of setting that keeps visitors coming back season after season and tenants happy with their living arrangements Currently configured as three rental units, the property offers flexibility for investors, seasonal rental operators, or buyers looking to restore a piece of local history. Originally constructed as a mercantile building before evolving into a residence and later a triplex, the property has been adapted to changing needs for nearly 140 years and is ready for the next chapter. With current rental rates below market and all three units offering seasonal rental potential, there are multiple paths to increasing value. Whether your goal is short-term rentals, long-term income, or a thoughtful restoration, the opportunity is clear. At less than $133,000 per unit, opportunities like this are becoming increasingly difficult to find. This is not a turnkey property, but for buyers willing to roll up their sleeves, it offers a remarkable view, easy access to the lake, and the chance to create significant value through vision, patience, and effort. The neighboring property may also be available. Ask for details.

118 E State Street, Fife Lake
$313,000
1938014 MLS
Fantastic investment opportunity in the heart of Fife Lake. This updated and charming duplex is ideally located just steps from everything the village has to offer. Enjoy the convenience of being within walking distance to All-Sports Fife Lake, local restaurants, the library, and the scenic North Country Trail. Each unit features 2 bedrooms, 1 bath, and an attached garage, offering comfortable and practical living spaces. Tenants also enjoy a peaceful backyard setting, all tucked away on a quiet street. This turn-key property comes with a strong rental history making it a seamless addition to your investment portfolio or a great option for owner-occupied living with income potential.

620 Elizabeth Street, Fife Lake
$231,300
2 Baths ⋅ 1923463 MLS ⋅ Metes & Bounds BLDG.
Duplex with equity and cash flow potential! Rent out both units as an investment or live in one unit and rent the other to offset your mortgage. The units are both separately metered so tenants pay their own utilities. Each unit is a 2 bedroom 1 bath, and both have unfinished basements. Both basements are already plumbed for another bathroom, and they have egress windows for another bedroom. These units could easily be 3 bedroom 2 bath... the hard work is done!

10953 Shippy Road, SW, Fife Lake
$230,000
2 Baths ⋅ 1920755 MLS ⋅ Village Of Fife Lake BLDG.
Unlock the potential of this fantastic investment opportunity—a charming duplex located in the village of Fife Lake, just a stone's throw away from all the amenities you could desire. Situated within walking distance to the serene waters of All Sports Fife Lake, delightful restaurants, the local library, and the picturesque North Country Trail, this property offers convenience and lifestyle all in one. Each side of the duplex features 2 bedrooms, 1 bath, and an attached 1-car garage—providing comfortable living spaces for tenants or potential homeowners. Inside, you'll find tongue and groove ceilings, solid 6-panel doors, covered porches, and a peaceful backyard, all nestled on a quiet street. While the duplex may need a little cosmetic TLC it has the potential for rental income with currently 2 tenants in place month to month.

620 Elizabeth Street, Fife Lake