118 E State ST, Fife Lake, MI 49633
Local realty services provided by:ERA Prime Real Estate Group
118 E State ST,Fifelake, MI 49633
$394,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: carole l higgins
Office: cygnus real estate
MLS#:78080069671
Source:MI_REALCOMP
Price summary
- Price:$394,000
About this home
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. NEW BOILER BEING INSTALLED-EARLY SEPTEMBER! 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. Buy it- move into it and let your home pay for itself! The neighboring property may also be available. Ask for details....
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Home facts
- Year built:1890
- Subdivision & Development:VILLAGE OF FIFE LAKE
- Listing ID #:78080069671
- Added:2 day(s) ago
- Updated:August 16, 2026 at 10:19 AM
Heating and cooling
- Cooling:Ceiling Fans, Exhaust Fan
- Heating:Baseboard, Hot Water, Natural Gas, Other Heating Source
Structure and exterior
- Year built:1890
- Lot area:0.11 Acres
- Lot Features:Water View
- Architectural Style:Victorian
- Exterior Features:Deck, Patio, Porch
- Foundation Description:Michigan Basement, Slab
- Levels:Two
Utilities
- Water:Well
- Sewer:Public Sewer
Finances and disclosures
- Price:$394,000
Features and amenities
- Appliances:Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
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