$40,000
$45,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
4,356 Sqft Lot
SOLD DATE : 12/30/2019
Key Details
Sold Price $40,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 67019036079
Sold Date 12/30/19
Bedrooms 2
Originating Board Mason Oceana Manistee Board of REALTORS®
Year Built 1900
Annual Tax Amount $1,248
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 32X133
Property Description
Great Investment Opportunity!! CAP RATE is 16%. This two unit home is very low maintenance with a good rental history. The lower unit is one bedroom one bath with a nice size kitchen and dining room. The upper unit is also a one bedroom one bath with a room off of the bathroom that could be used as nice size closet. Both units have access to the basement for storage and a large backyard. Within a block of stores, school and parks. Both units have separate meters for gas and electric and owner currently pays the water. If a two unit is not for you this home can easily be converted back to a large single family home!
Location
State MI
County Manistee
Area Manistee
Zoning Residential
Direction US 31 South to 11th ST. Left on 11th to home on the left.
Rooms
Basement Walkout Access
Interior
Interior Features Cable Available
Heating Forced Air
Heat Source Natural Gas
Exterior
Pool No
Roof Type Composition
Road Frontage Paved, Pub. Sidewalk
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain
Water Water at Street, Public (Municipal)
Structure Type Vinyl
Schools
School District Manistee
Others
Pets Allowed Yes
Tax ID 5166270603
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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