Manistique, MI 49854,908 1/2 Arbutus Avenue
Manistique, MI 49854,908 1/2 Arbutus Avenue
Manistique, MI 49854,908 1/2 Arbutus Avenue
Manistique, MI 49854,908 1/2 Arbutus Avenue
Manistique, MI 49854,908 1/2 Arbutus Avenue
Manistique, MI 49854,908 1/2 Arbutus Avenue
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$ 300,000
Est. payment | /mo

3,400 SqFt


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$ 300,000
Est. payment | /mo
Save

3,400 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Contingent

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $88

Subdivision Mi

MLS Listing ID 50181246

Year Built 1972

Annual Tax Amount $2,364

Tax Year 2025

Lot Size 1.740 Acres

Acres 1.74

Lot Dimensions 133x361&209x132

Property Sub-Type Commercial/Industrial

Property Description

Spectacular Investment Opportunity! This mobile home park features 11 homes, including 4 park-owned units, and is conveniently located within Manistique city limits with access to city utilities. The park is largely self-sufficient, with tenants paying their own utilities and maintaining their individual lots. The owner is only responsible for common area upkeep, making this a low-maintenance income property. Current management has streamlined operations with an online payment system, ensuring efficient rent collection. Three out of four park-owned homes are currently rented, providing immediate income potential. This is an excellent opportunity to expand your investment portfolio with a well-managed and income-generating property.

Location

State MI

County Schoolcraft

Area Manistique (77009)

Zoning Commercial

Interior

Heating Other-See Remarks

Exterior

Parking Features Off Street

Building

Lot Description Cleared

Foundation Piller/Post/Pier

Water Public Water

Structure Type Aluminum,Vinyl Siding

Others

Ownership LLC

SqFt Source Estimated

Energy Description Natural Gas

Financing Commercial Loan

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by KEY REALTY DELTA COUNTY LLC
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908 1/2 Arbutus Avenue