$250,000
Sold

122 Hancock

Manistee, MI 49660
1000 sqft | #78080013505
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

There are a total of 5 units: #1 $1100, #2 $530 (grossly under market rent), #3 $450, #4 $650, #5 $600. FIVE unit apartment building near downtown Manistee in excellent condition generating $3330 in monthly income. Tenants pay for the electric and natural gas and landlord pays water and sewer (can be separated). All units are currently rented with exception of Unit 1 (currently looking for a tenant) with updated kitchens and bathrooms and ceramic tile floors. There is plenty of off street parking behind the building and accessed by an alley. One of the sellers is a licensed real estate broker in the state of Michigan.

  • Interior Details
      • HeatingBaseboard, Forced Air
  • Property Details
      • Square Feet1000
  • Construction Details
      • Property TypeInvestment
    • Condition
      • Year Built1900
  • Community and Neighborhood Details
      • ZoningResidential
      • School DistrictManistee
      • CountyManistee
      • RegionManistee
  • Financial Details
      • Original List Price$299,000
  • Other
      • MLS #78080013505

Location

Timothy StinsonPremier Realtor | 248-933-0539