122 Hancock St, Manistee, MI 49660

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.