Property Attributes
- MLS#24013056
- TypeMulti-Family
- CountyMANISTEE
- CityManistee
- AreaCity of Manistee
- NeighborhoodCity of Manistee
- Zip49660
- Style2 to 4 Units
- Year Built1930
- Taxes$ 3026
- Price$ 162,500
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size4,356 SqFt
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
Real Estate Investment Opportunity! This Duplex is located in downtown Manistee. The property has decades of successful rental history. 2 bedrooms in each unit with a combine monthly gross rental income of $1,550 (under-utilized). All utilities are separated and paid for by tenants. Well maintained exterior. Both units are currently occupied and under professional management locally. Current certificates of compliance with City rental program. Any questions please don't hesitate to reach out. Owner is a State Licensed Real Estate Broker.
Price History | |
---|---|
3/18/2024 | Listed $177,500 |
3/29/2024 | 1% - $177,000 |
4/30/2024 | 5% - $168,500 |
5/6/2024 | 3% - $165,000 |
5/16/2024 | 2% - $162,500 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Wall Furnace,Forced Air,Natural Gas |
Utilities | Broadband Available,Phone Connected,Natural Gas Connected,Electric Connected |
Possession | Subject To Tenant Rights |
Roof | Composition |
Construction Materials | Vinyl Siding |
Year Built | 1930 |
Tenant Pays | Electric,Water,Trash Collection,Sewer,Gas |
Township | City of Manistee |
Property SubType | 2 to 4 Units |
Tax Year | 2024 |
OwnerPays | None |
Community Features | Lake |
County | Manistee |
New Construction | No |
Property Type | Multi-Family |
Attached Garage | No |
Status | Active |
Directions | US-31 to 1st Street East to property located on the Northside of the street. |
City | Manistee |
Body of Water | Manistee Lake |
High School District | Manistee |
Zoning Description | Residential |
Total Units | 2 |
MLS Area | MasonOceanaManistee - O |
Lot Size Square Feet | 4182.0 |
Waterfront Y/N | No |
Street Name | 1st |
Land Lease Y/N | No |
Tax Annual Amount | 3026.0 |
Lease Renewal Y/N | No |
MLS Area Minor | MasonOceanaManistee - O |
Additional Parcels Y/N | No |
Rent Control Y/N | No |
Days on Market | 59 |
Standard Status | Active |
Occupancy Type | Tenant |
Tax Assessed Value | 49140 |
MobileHomeRemainsYN | No |
Legal Description | FILER & SMITHS ADD W 1/2 OF LOT 4 BLOCK 16 _____P.ADDR: 260 1ST ST |
Senior Community | None |
Interior Features
Basement | Full |
---|---|
Total Fireplaces | 1848 |
Basement (Y/N) | Yes |
Air Conditioning Y/N | No |
Heating Y/N | Yes |
Street Suffix | Street |
Laundry Features | In Basement |
Electric On Property Y/N | No |
Exterior Features
Parking Features | Concrete,Driveway |
---|---|
Lot Features | Sidewalk |
Total Parking | 2.0 |
Lot Size Area | 0.1 |
Number of Buildings | 1848 |
Spa | No |
Lot Dimensions | 32 X 132 |
OwnerPhone | 231-510-1790 |
Lot Size Acres | 0.1 |
Lot Size Units | Acres |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool