$550,000
$550,000
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3 Beds
8,276 Sqft Lot
SOLD DATE : 09/08/2021
Key Details
Sold Price $550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 67021019180
Sold Date 09/08/21
Bedrooms 3
Originating Board Mason Oceana Manistee Board of REALTORS®
Year Built 1969
Annual Tax Amount $5,018
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 103.9 x 129.3 x 113.9 x 132.1
Property Description
8-Unit Apartment Building in the Village of Onekama (on M-22), with views of PORTAGE LAKE from some units. Six apartments are 2-BR; two are 1-BR. Electric heat throughout; each unit has their own electrical box, each tenant pays their own electric bill. Garbage, snowplowing and parking are included in rent. There are two sets of stairs, one at either end, to the 2nd floor. Full basement. Ample unpaved parking in the back. One coin-operated washer and dryer on the main flr; the water heater and dryer are gas. The manager lives in a 2-BR. The building is hooked up with Spectrum cable. Two signed yrly leases; others are month-to-month. Current rental income is approx. $34,680/yr but could be converted to vacation rentals. Peaked roof was new in 2002; part is flat. Land contract available.
Location
State MI
County Manistee
Area Onekama Vlg
Zoning Other
Direction North side of Portage Lake on M-22, just south of the Onekama High School.
Interior
Interior Features Laundry Facility, Cable Available
Heating Baseboard
Fireplace no
Heat Source Electric
Laundry 1
Exterior
Garage Spaces 10.0
Pool No
Waterfront no
Roof Type Composition,Rubber
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Foundation Crawl
Sewer Public Sewer (Sewer-Sanitary)
Water Well (Existing)
Structure Type Wood,Shingle Siding
Schools
School District Onekama
Others
Pets Allowed Yes
Tax ID 4115000900
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
Financing Cash,Contract,Conventional
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