$875,000

8306 ne us 131, mancelona, MI 49659

Property Description
Prime Investment Opportunity! This exceptional property, conveniently located at the corner of US-131 and M-66, presents a lucrative business venture. Currently operating as 25 units, with potential to expand to 27 units, this versatile space offers an array of rental options. Discover three charming 1-bedroom apartments, a spacious 2-bedroom unit, a 3-bedroom modular home, and several cozy efficiency units - some even equipped with kitchenettes. The addition of four brand-new hot water heaters ensures optimal comfort for all tenants. With on-site coin-operated laundry facilities and impressive monthly gross earnings of $18k, this is an investment not to be missed!Owner is a licensed real estate agent.
General Information
Price: $875,000
Price/SqFt:
Status:
MLS#: 201827705
City: mancelona
Post Office:
County: Antrim
Acres: 0
Lot Dim: 236x360x460x140
Year Built: 0
Property Type: Business Op
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0


Listing Courtesy of: Daphne Cousineau of The TEAM Real Estate Group

Information provided by Water Wonderland Board of REALTORS® ©2024
Listing information provided courtesy of the Water Wonderland Board of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.

This listing last updated: Thu, September 26, 2024 at 11:06:25 PM EDT

WWBMI Listing Data Last Updated on Thu, December 26 2024 at 8:22am
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Property listed by:
The TEAM Real Estate Group
Call: (989) 619-5976

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