One of a kind, turn-key investment property. This 4 unit property is currently being used as a short term rental property and shows excellent income/rental history. The first floor features one 3 bedroom unit, and two 2 bedroom units. The upper floor features one large unit (3,000 sf) that sleeps up to 22 people. All units have their own kitchens, are fully furnished and decorated, ready to rent. Unit 3 is even an ADA accessible unit. All units were constructed/updated in 2018. The property amenities include a large outdoor spa, fire pit, and sauna. This property is within walking distance to Orchard Beach State Park as well as the Bar Lake Access to Lake Michigan. Also close to downtown Manistee. There are also several storage sheds for supplies and other toys/bikes, kayaks, etc.
Off market
$868,900
2583 Lakeshore Rd, Manistee, MI 49660
12beds
8baths
--sqft
MultiFamily
Built in 1957
-- sqft lot
$868,900 Zestimate®
$--/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Forced air, Electric, Gas
Cooling
- Central
Appliances
- Laundry: Laundry Facility
Features
- Has fireplace: Yes
Property
Parking
- Total spaces: 20
Accessibility
- Accessibility features: Grab Bar Mn Flr Bath, No Step Entrance, Low Threshold Shower, Accessible Bath Sink, 36 Inch Entrance Doo, Accessible Mn Flr Be
Features
- Patio & porch: Deck/Patio
- Exterior features: Stucco
- Frontage length: 426.00
Lot
- Size: 0.97 Acres
- Features: Level, Corner Lot
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1957
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Natural Gas Connected, Electricity Connected, Cable Connected, Broadband
Community & neighborhood
Location
- Region: Manistee
Other
Other facts
- Sewer: Septic Tank
- Heating: Forced Air, Natural Gas, Fireplace, Sep. Heat System
- WaterSource: Well
- PatioAndPorchFeatures: Deck/Patio
- HeatingYN: true
- Utilities: Natural Gas Connected, Electricity Connected, Cable Connected, Broadband
- CoolingYN: true
- FoundationDetails: Slab
- ConstructionMaterials: Stucco
- OwnerPays: Sewer, Trash Collection, Water, Electricity, Gas
- Roof: Composition
- LotFeatures: Level, Corner Lot
- Cooling: Central Air
- LaundryFeatures: Laundry Facility
- FrontageLength: 426.00
- NumberOfBuildings: 1.00
- InsuranceExpense: 3700.00
- AccessibilityFeatures: Grab Bar Mn Flr Bath, No Step Entrance, Low Threshold Shower, Accessible Bath Sink, 36 Inch Entrance Doo, Accessible Mn Flr Be
- MlsStatus: Pending
- CoListAgentEmail: rdeklund@gmail.com
- CoListAgentFullName: Robert Eklund
- TaxAnnualAmount: 7126.00
- GrossIncome: 115895.00
- MaintenanceExpense: 10720.00
- NetOperatingIncome: 60918.00
- OperatingExpense: 53977.00
Services availability

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