403 Williams, Mancelona 49659

$169,000

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MLS#: 1796668
• For Sale
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Fully Rented Three 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. 2962 Square Feet Includes 625 Unfinished Area Upstairs With Potential For A 4th Apartment. Downstairs Consists Of One Two-bedroom Apartment. Upstairs Has Two One-bedroom Apartments. Wood Fireplace Upstairs. 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 $1835 Per Month, And Tenants Are On A Month-to-month Basis. Landlord Currently Pays A Total Of Approximately $500 Per Month Utilities To Cover Water, Garbage, Electric And Gas In Both Apartments. Outline Of Floor Plan Is Available In Attached Documents. Note: A 2 Unit Apartment At 303 N Williams Is Also Being Sold By The Same Owner.

Property Information    

Status
Active 
Address
403 Williams 
City
Mancelona 
Zip
49659 
Year Built
1950 
Style
Apartment 
Possession
Negotiable 
Listing Date
03/28/2015 
County
Antrim 
Above Grade SqFt

School Information

School District
Mancelona Public Schools 

Taxes

Taxes
$2,077 
Summer Taxes
$1,290 
Winter Taxes
$522 

Rooms and Land

Number of Units

Features

Style
Apartment 
Exterior Features
Aluminum Siding 
Appliances
Refrigerator, Oven/Range, Drapes 
Heating
Baseboard 

Listing Video for 403 Williams, Mancelona MI 49659

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Listing Broker

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Listing Courtesy of Blunorth Realty
Office Address Po Box 1228