Onekama, MI 49675,4880 Main Street
Onekama, MI 49675,4880 Main Street
Onekama, MI 49675,4880 Main Street
7
$329,000
Est.Price: ?

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0.51 Acres Lot

4880 Main Street Onekama, MI 49675

Est. payment /mo
SOLD DATE : 08/20/2021

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Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 21095340

Year Built 1900

Annual Tax Amount $3,310

Tax Year 2021

Lot Size 0.510 Acres

Property Sub-Type 5+ Units

Property Description

Apartment complex right in the Village of Onekama and located just a short walk to the Village park on Portage Lake. Four active units with potential for a fifth unit. Current tenants are long term and have lived in the units from between 3 to 14 years making for a secure and reliable income. Included in the sale is a detached garage behind the building which has a separate tax id number. Gross income is almost $30,000 per year with the four units, finish off the fifth unit and increase your income by almost $10,000 per year. This is a great investment with significant upside. Total above grade area is 4170 sq ft and the garage is 24 x 64

Location

State MI

County Manistee

Area Masonoceanamanistee - O

Interior

Heating Forced Air, Natural Gas

Fireplaces Number 2

Exterior

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

New Construction No

Schools

School District Onekama

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by RE/MAX Bayshore Manistee

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Chris Buckely

Chris Buckely

IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311

+1(312) 313-5553

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