Thank you
Therran Ferguson
Essential Real Estate
231-299-1180
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.
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Laundry Facility
Roof : Composition
Heating: Forced Air,Wall/Floor Furnace
Heating Fuel: Natural Gas
Year Built: 1930
Total Units: 2
Roof: Composition
Sewer: Public Sewer (Sewer-Sanitary)
Public (Municipal)
Lot Size: 0.10
Lot Dimensions: 32 X 132
Frontage Feet: 32
Financing: Cash,Conventional
Original List Price: $177,500
Possession: Subject To Tenant Rights
Legal Description: FILER & SMITHS ADD W 1/2 OF LOT 4 BLOCK 16 _____P.ADDR: 260 1ST ST
Annual Tax: $3,026
Parcel Number: 515144872908
Subject To Tenant Rights
Legal Description: Section: FILER & SMITHS ADD W 1/2 OF LOT 4 BLOCK 16 _____P.ADDR: 260 1ST ST
Parking: 2
Road Frontage: Pub. Sidewalk
# of Bedrooms: 2
School District: Manistee
Water:Public (Municipal)
Sewer:Public Sewer (Sewer-Sanitary)
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
E Parkdale Avenue , Manistee, MI,49660 | $89,000 | -- | -- | -- | 1.05 Acres |
LOT 2 Renaissance Park, Manistee, MI,49660 | $22,500 | -- | -- | -- | 5.29 Acres |
28.88 Acres Eastlake Rd, Manistee, MI,49660 | $92,400 | -- | -- | -- | 28.88 Acres |
40 Acres M-55, Manistee, MI,49660 | $132,000 | -- | -- | -- | 40 Acres |
70.66 Acres M-55, Manistee, MI,49660 | $199,000 | -- | -- | -- | 70.66 Acres |
Land, Manistee, MI,49660 | $23,850 | -- | -- | -- | 5.28 Acres |
LOT 4 Renaissance, Manistee, MI,49660 | $22,500 | -- | -- | -- | 5.87 Acres |
LOT 9 Renaissance, Manistee, MI,49660 | $23,850 | -- | -- | -- | 5.32 Acres |
9.5 Acres Eastlake Rd, Manistee, MI,49660 | $29,000 | -- | -- | -- | 9.5 Acres |
E Parkdale Avenue, Manistee, MI,49660 | $89,000 | -- | -- | -- | 1.05 Acres |
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 2024 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 05/07/2024 @ 06:49
MLS: 603036101
LISTED BY: Therran Ferguson , Essential Real Estate
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3.00%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.