Multi Family Investment Properties for Sale in Bessemer, MI
275- 5 Bed
- 4 Bath
- 2592 sft
1526- 4 Bed
- 2 Bath
- 2400 sft
96- 3 Bed
- 2 Bath
- 1248 sft
137- 2 Bed
- 1 Bath
- 884 sft
92- 2 Bed
- 1 Bath
- 1045 sft
114- 4 Bed
- 2 Bath
- 825 sft
103- 2 Bed
- 1 Bath
- 924 sft
- 3 Bed
- 2 Bath
- 1600 sft
137- 2 Bed
- 1 Bath
- 666 sft
122- 3 Bed
- 1 Bath
- 1800 sft
144- 3 Bed
- 1 Bath
- 1344 sft
94- 3 Bed
- 1 Bath
- 1010 sft
109- - Bed
- - Bath
- - sft
131- 3 Bed
- 3 Bath
- 1023 sft
108- 2 Bed
- 1 Bath
- 720 sft
127- 6 Bed
- 2 Bath
- 2388 sft
- 2 Bed
- 2 Bath
- 930 sft
109- 3 Bed
- 2 Bath
- 1296 sft
143- 3 Bed
- 1 Bath
- 1000 sft
145- 2 Bed
- 1 Bath
- 720 sft
128- 3 Bed
- 1 Bath
- 1485 sft
141- 2 Bed
- 1 Bath
- 1080 sft
- 3 Bed
- 2 Bath
- 1244 sft
129- 2 Bed
- 1 Bath
- 1320 sft
140- 2 Bed
- 1 Bath
- 804 sft
141- 3 Bed
- 1 Bath
- 1208 sft
Why Invest in Bessemer, Michigan?
Investing in multi-family properties in Bessemer, MI offers a unique opportunity to capitalize on steady rental demand and affordable entry points. The average cap rate of around 7.2% combined with a rental yield of 6.5% makes it attractive for income-focused investors. Local market appreciation of about 2.3% annually complements an average cash flow of $1,100 per unit. With nearly 60% renter-occupied units, Bessemer's rental housing market shows resilience and potential for growth.
Frequently Asked Questions
Bessemer offers affordable pricing, strong rental demand, and attractive cap rates near 7%. The local economy supported by mining and healthcare ensures steady job availability and rental occupancy.
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