$304,000
$329,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
4880 Main Street Onekama Vlg, MI 49675
4 Beds
0.51 Acres Lot
Key Details
Sold Price $304,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 67021095340
Sold Date 08/20/21
Bedrooms 4
Originating Board Mason Oceana Manistee Board of REALTORS
Year Built 1900
Annual Tax Amount $3,310
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 11 x 125 & 70 x 110
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 Onekama Vlg
Direction The corner of Mill Street and Main Street within the Village of Onekama.
Interior
Interior Features Cable Available
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 5.0
Roof Type Composition
Garage no
Building
Foundation Crawl
Sewer Sewer-Sanitary, Sewer at Street
Water Well-Existing
Structure Type Vinyl
Schools
School District Onekama
Others
Pets Allowed Yes
Tax ID 4105001900
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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