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$ 292,500
Est. payment | /mo
2,400 SqFt
$ 292,500
Est. payment | /mo
2,400 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $121
Subdivision Mi
MLS Listing ID 25006295
Year Built 1900
Annual Tax Amount $2,338
Tax Year 2024
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 96' x 138' x 127' x 102'
Property Sub-Type Multi-Family
Property Description
Turnkey Triplex Investment in Manistee - Prime Location!This fully rented triplex at 238 Parkdale Ave. offers an excellent income-generating opportunity in a high-visibility location on the US-31 business corridor in Parkdale, just north of Manistee. The main floor unit (formerly commercial) has been remodeled into a 2-bedroom residence with main floor laundry, currently rented for $1,275/month. Apartment 2 (1BR) rents for $700/month, and Apartment 3 (upper 2BR) rents for $950/month, generating $2,925/month in total rental income. Features separate utilities, paved parking, updated mechanicals, A/C in all units, handicap ramp, new septic (2020), and new roof (2016). A prime investment opportunity, schedule a showing today!
Location
State MI
County Manistee
Area Manistee Twp (51007)
Interior
Heating Forced Air
Exterior
Exterior Feature Vinyl Siding
Building
Structure Type Vinyl Siding
Schools
School District Manistee Area Public Schools
Others
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Essential Real Estate
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