Excellent turn key rental property with 6 units in 2 buildings. 3 units in each. 100% occupied. Current income is $3175 month with tenants paying own utilities. Several long term tenants pay below market rent. Mechanicals are newer, vinyl siding is maintenance free and a large, private, paved parking lot is a huge asset! Continually updated apartments including kitchens and baths. 256-258 3rd Street is a 3-unit building and 260-264 3rd Street is another 3-unit. Some have washers and dryers. Nice yard, tall trees and a small park nearby. A great addition to your rental business or a perfect way to start! Close to Historic downtown Manistee, Lake Michigan beaches, pubs & restaurants, fishing rivers & streams and multiple golf courses.
Off market
$456,800
260 3rd St, Manistee, MI 49660
9beds
0baths
6,344sqft
MultiFamily
Built in 1900
-- sqft lot
$456,800 Zestimate®
$72/sqft
$1,327 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 0
Heating
- Electric, Gas
Appliances
- Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Basement: Full
Interior area
- Total interior livable area: 6,344 sqft
Property
Parking
- Total spaces: 10
Features
- Exterior features: Vinyl
- Frontage length: 132.00
Lot
- Size: 0.40 Acres
- Features: Level, Corner Lot, Sidewalk
Details
- Parcel number: 5151227509
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available, Phone Connected, Water Available, Cable Connected, Sewer Available, Telephone Line
Community & neighborhood
Location
- Region: Manistee
HOA & financial
Other financial information
- Total actual rent: 3175
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- HeatingYN: true
- Utilities: Cable Available, Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available, Phone Connected, Water Available, Cable Connected, Sewer Available, Telephone Line
- Heating: Natural Gas, Hot Water
- Basement: Full
- Zoning: R-2
- ConstructionMaterials: Vinyl Siding
- Roof: Composition
- LotFeatures: Level, Corner Lot, Sidewalk
- ElectricOnPropertyYN: True
- TenantPays: Electricity, Gas, Sewer, Water
- FrontageLength: 132.00
- NumberOfBuildings: 2.00
- TotalActualRent: 3175
- MlsStatus: Pending
- TaxAnnualAmount: 6288.00