Well-maintained 3 unit rental property in a great location. Rental income totals $2,050 a month. Close to all city amenities, downtown, beaches, riverwalk, stores. Located on a small lot for minimal yard maintenance. Property was a single-family home years ago, and was converted into 3 units (a 2 bedroom on the main level, and two 1 bedroom apartments upstairs). New roof in 2015. Many updates in the last 5-7 yrs including soffit, facia, painting, carpeting, linoleum, back deck and front porch. Added bonus, off street parking. Occupy the lower larger unit and rent the others to pay your costs! Owner pays Water for all units, and Unit 3's energy bill (DTE). The water bill is about $75 and the gas bill for unit 3 is about $20. Units 2-3 pay their own gas. All Tenants pay their own
Off market
$231,000
388 3rd St, Manistee, MI 49660
--beds
0baths
1,900sqft
MultiFamily
Built in 1900
-- sqft lot
$231,000 Zestimate®
$122/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Gas
Features
- Basement: Yes
Interior area
- Total interior livable area: 1,900 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 4,791 sqft
Details
- Parcel number: 5157471206
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Manistee
Other
Other facts
- Property Subtype 1: 1 - 4 Units
- City or Township: City
- Construction: Other
- Basement: Yes
- Unit Amenities: Cable TV
- # Total Bedrooms: 0
Services availability

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