303 Williams, Mancelona 49659

$109,000

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MLS#: 1796630
• For Sale
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Fully rented two unit apartment house conveniently located on US-131 in Mancelona central to everything northern Michigan. Walk to downtown, grocery store, and next door to sporting goods/party store. 2104 square feet includes a downstairs two- bedroom apartment, and the upstairs has a one-bedroom apartment. There is a shortage of rentals in this area. Investors and retirees, this is your chance to move to and/or invest in a friendly small town in the heart of northern Michigan. Near Shanty Creek Resort and convenient to northern Michigan woods and waters. Current rental income is $1225 per month, and tenants are on a month-to-month basis. Landlord currently pays a total of approximately $380 per month utilities to cover water, garbage, electric and gas in both apartments. Outline of floor plan is available in attached documents. Note: a 3 unit apartment at 403 N Williams is also being sold by the same owner.

Property Information    

Status
Active 
Address
303 Williams 
City
Mancelona 
Zip
49659 
Year Built
1900 
Style
Apartment 
Possession
Negotiable 
Waterfront Desc
None 
Listing Date
03/27/2015 
County
Antrim 

School Information

School District
Mancelona 

Taxes

Taxes
$1,810 
Summer Taxes
$1,124 
Winter Taxes
$455 

Rooms and Land

Number of Units

Features

Style
Apartment 
Exterior Features
Porch 
Basement
Partial, Unfinished 
Appliances
Drapes, Oven/Range, Refrigerator 
Cooling
Forced Air, Natural Gas 
Heating
Forced Air, Natural Gas 

Listing Video for 303 Williams, Mancelona MI 49659

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Listing Broker

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Listing Courtesy of Blunorth Realty
Office Address PO Box 1228