$40,000
$45,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
276 Eleventh Street Manistee, MI 49660
4,356 Sqft Lot
Key Details
Sold Price $40,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality City of Manistee
MLS Listing ID 19036079
Sold Date 12/30/19
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1900
Annual Tax Amount $1,248
Tax Year 2019
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 Masonoceanamanistee - O
Direction US 31 South to 11th ST. Left on 11th to home on the left.
Rooms
Basement Michigan Basement, Walk Out
Interior
Heating Forced Air, Natural Gas
Fireplaces Number 1
Exterior
View Y/N No
Roof Type Composition
Topography {Level=true}
Street Surface Paved
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Manistee
Others
Tax ID 515166270603
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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