MLS Public Remarks  Prime Investment Opportunity! This exceptional property, conveniently located at the corner of US-131 and M-66, presents a lucrative business venture. Currently operating as 25 units, with potential to expand to 27 units, this versatile space offers an array of rental options. Discover three charming 1-bedroom apartments, a spacious 2-bedroom unit, a 3-bedroom modular home, and several cozy efficiency units - some even equipped with kitchenettes. The addition of four brand-new hot water heaters ensures optimal comfort for all tenants. With on-site coin-operated laundry facilities and impressive monthly gross earnings of $18k, this is an investment not to be missed!Owner is a licensed real estate agent.

http://www.www.johnstoneandjohnstone.com.com/201827705

AGENT/COMPANY DETAILS  

LOCATION  

Township  Mancelona

Directions  from downtown Mancelona and the intersection of US-131 Hwy and State St, Northeast on US-131 for 3/4 mile to destination on the NW side of the highway.

HOUSE DESCRIPTION  

Fin Below Grd SqFt  0

Total Fin SqFt  0

Price/SqFt  $0

Unfinished SqFt  0

Above Grade Finished SqFt  0

CDOM  0

Sub Property Type  Business Op

Year Built  0

Days on Market  128

ASSESSMENT/SCHOOLS   

Land Assessment  -

Improvements  -

Acreage  -

Taxes  -

Tax Year  -

Summer Taxes  -

Winter Taxes  -

LOT DESCRIPTION  

Subdivision  T29N R6W

Lower Level Square Footage  0

Waterview  N

Waterfront  N

For Lease/Rent  N

Est. Total Acres  0.0

Lot Dimensions  236x360x460x140

WaterFrontage   0

INTERIOR FEATURES  

Heating  Electric

Cooling  Electric

Water  Municipal

Zoning  Commercial

Basement  N

Heating  Electric

EXTERIOR FEATURES  

Garage  0.0

Basement details  Slab

Sewer  Septic

Terms/Misc.  Cash, Conventional Mort

DETAILS  

Status Change Date  01/04/2024

Listing Date  01/04/2024

Internet/IDX  Y

Co-Listing Agent Name  Theteam Real Estate Group

Named Exceptions  N

LISTING OFFICE DETAILS  

Listing Office   The Team Real Estate Group

Office Address   2680 M-32

Listing Number   201827705

THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Saturday, May 11, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
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