403 Williams, Mancelona 49659
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.
- 403 Williams
- Year Built
- Waterfront Desc
- Listing Date
- Summer Taxes
- Winter Taxes
Rooms and Land
- Number of Units
- Exterior Features
- Drapes, Oven/Range, Refrigerator
- Baseboard, Natural Gas
- Baseboard, Natural Gas
Listing Video for 403 Williams, Mancelona MI 49659
Listing Courtesy of Blunorth Realty
Office Address PO Box 1228
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