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260 1st Street

Manistee, MI 49660
  • $162,500
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: 24013056
Price Reduced
UPDATED: 101 min ago
$162,500
  • 4
    BEDS
  • 0.1
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,848
    SQFT
  • $88
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

School District:

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.

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© 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2024-05-28T16:58:42.34.
www.real5.com/homes/148690057
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260 1st Street Manistee, MI 49660

  • Price: $162,500
  • Status: Active
  • On Site: 70 Days
  • Updated: 101 min ago
  • MLS #: 24013056
4
Beds
2
Baths
0
½ Baths
0.1
Acres
1,848
SQFT
$88
$/SQFT
1930
Built
Neighborhood:
City Of Manistee
County:
Manistee
School District:
Manistee
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.
Exterior Features

Attached Garage YN No Construction Materials Vinyl Siding Lot Features Sidewalk Parking Total 2 Roof Composition Water Access YN No Water Body Name Manistee Lake Water Type Lake YN Yes Waterfront YN No

Interior Features

Basement Full Basement YN Yes Heating Wall FurnaceForced AirNatural Gas Heating YN Yes

Property Features

Auction Or For Sale For Sale Cross Street Sibben Documents Available Floor PlanSurvey Listing Terms CashConventional New Construction YN No Owner Pays None Property Sub Type 2 to 4 Units Sewer Public Sewer Tax Annual Amount 3026 Tax Year 2024 Tenant Pays ElectricWaterTrash CollectionSewerGas Utilities Broadband AvailablePhone ConnectedNatural Gas ConnectedElectric Connected Zoning Residential

Listing provided courtesy of Therran Ferguson of Essential Real Estate: 231-299-1180. © 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2024-05-28T16:58:42.34.
 
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