260 Third Street $265,000

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    260 Third Street Manistee, MI 49660

    Sold
    SOLD 10/16/2020

    $265,000

    • 0 Beds
    • 0 Baths
    • 6,344 sq. ft.
    • Multi-Family
    • MLS# 20033465
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    Views: 62

    Property Details

    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.

    • General Features
      • Tenant Pays Electric, Gas, Sewer, Water
      • SubArea 80
      • Property Sub Type 5+ Units
      • Municipality City of Manistee
      • New Construction No
      • Owner Pays None
      • County Manistee
      • Year Built 1900
      • Area MasonOceanaManistee - O
      • Annual Property Tax 6288.00
      • Tax Year 2019
    • Building Features
      • Basement Yes
      • Substructure Full Basement
      • Total Number Bldgs 2.00
      • Total Parking Spaces 10.0000
      • Heat Source Natural Gas
      • Heat Type Hot Water
    • Property Features
      • Waterfront Y/N No
      • Water Public
      • Utilities Attached Cable, Electric, Natural Gas, Telephone Line
      • Util Avail at Street Cable,Electric,Natural Gas,Public Sewer,Public Water,Telephone Line
      • Street Type Paved,Public
      • Road Frontage 132.00
      • Sewer Public
      • Lot Square Footage 17220.00
      • Lot Measurement Square feet
      • Lot Dimensions 132 x 119 x irregular
      • Lot Description Corner, Level, Sidewalk
      • Lot Acres 0.39
    • Schools
      • School District Manistee

    Neighborhood

    49660 (Manistee) Demographics

    47 Median Age
    76 Population Density (per sq. mile)
    33% College Educated
    $43,207 Estimated Median Income
    4,366 Estimated Total Home Owners
    1,283 Estimated Total Renters
    77% / 23% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    14,166 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $181,000 Median Sales Price
    30 Homes Sold
    32 New On Market

    Average Days on Site

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $0 -100%
        10/16/2020 3:00:00 AM Sold Source New Value: $265,000
        10/6/2020 3:06:17 PM Status Changed Source New Value: Pending
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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.