$49,000

276 Eleventh Street

Manistee MI, 49660

Description

Great Investment Opportunity!! CAP RATE is 16%. This two unit home is very low maintenance with a good rental history. The lower unit is one bedroom one bath with a nice size kitchen and dining room. The upper unit is also a one bedroom one bath with a room off of the bathroom that could be used as nice size closet. Both units have access to the basement for storage and a large backyard. Within a block of stores, school and parks. Both units have separate meters for gas and electric and owner currently pays the water. If a two unit is not for you this home can easily be converted back to a large single family home!

Details

MLS#19036079
Sub-TypeResale
StatusActive
Year1900
Days On Site84

Features

Units2
Building(s)1

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Area Information

StateMI
CountyManistee
CityManistee
Zip Code49660
AreaMasonOceanaManistee - O
Listing VS Median (in 49660)
Price:
$49,000
low | high
Med:
$135,000
100% of Average
On Site:
84
low | high
Med:
53
100% of Average
Listing Updated: 10/21/2019
MLS Number: 19036079
Listing Provided By:
Jermaine Cipcic  of  CENTURY 21 Boardwalk
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