• 260 1st Street Manistee, Michigan 49660

  • $168,500
  • 4
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 0.1
    Acre

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.

Property Type :

Multifamily

County :

Manistee

Style :

Multifamily

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Property Details

 

Interior Features

Laundry Facility

Roof : Composition

Heating & Cooling

Heating: Forced Air,Wall/Floor Furnace

Heating Fuel: Natural Gas

Building Information

Year Built: 1930

Total Units: 2

Roof: Composition

Utility Features

Sewer: Public Sewer (Sewer-Sanitary)

Water

Public (Municipal)

Lot Information

Lot Size: 0.10

Lot Dimensions: 32 X 132

Frontage Feet: 32

Property Information

Financing: Cash,Conventional

Listing Price Information

Original List Price: $177,500

Listing Information

Possession: Subject To Tenant Rights

Legal Description: FILER & SMITHS ADD W 1/2 OF LOT 4 BLOCK 16 _____P.ADDR: 260 1ST ST

Tax Information

Annual Tax: $3,026

Parcel Number: 515144872908

Possession

Subject To Tenant Rights

Legal Information

Legal Description: Section: FILER & SMITHS ADD W 1/2 OF LOT 4 BLOCK 16 _____P.ADDR: 260 1ST ST

Parking Information

Parking: 2

Multi-Unit Information

Road Frontage: Pub. Sidewalk

Unit 2 Information

# of Bedrooms: 2

School Information

School District: Manistee

Utility Information

Water:Public (Municipal)

Sewer:Public Sewer (Sewer-Sanitary)

Nearby Home Value

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
MLS Logo

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.

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