MI > Antrim > Mancelona > 1820 Wetzel Lake Road

For Sale Active

1820 Wetzel Lake Road Map / directions

Mancelona, MI

49659 Market info

  • 4 Units
  • 3,960 SqFt
  • MLS# 462452
  • Photos
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Real Estate One - Petoskey and Charlevoix

Petoskey Office: 231-347-6200
Charlevoix Office: 231-547-5100
Customer Care: 248-304-6700

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

If you are looking for a proven income producer with minimal maintenance, this unique opportunity is the fit for you! This 4-unit duplex development is available in full with 100% occupancy currently. Each unit is nearly 1000 square feet with 2 Bedrooms, 1 bathroom, private washer & dryer connections, attached one-car garage, and private patio area. At a time when traditional financial products are paying such a low yield, why not earn significant return on this cash flowing opportunity! Rent all four for maximum return on investment, or lease three while occupying one cost-free. There are so many possibilities here for the sophisticated buyer to pursue. Factor in the additional lots included in this sale, and it's hard to find many better values on today's market!

Property Information

Status
Active 
Address
1820 Wetzel Lake Road 
City
Mancelona 
Zip
49659 
Possession
Tenants Rights 
Waterfront Desc
Neither 
County
Antrim 
Above Grade SqFt
3,960 
Total No of Units

School Information

School District
Mancelona 

Rooms and Land

Unit1
Bedrooms: 2 Bathrooms: 1 Finished SqFt: 990
Unit2
Bedrooms: 2 Bathrooms: 1 Finished SqFt: 990
Unit3
Bedrooms: 2 Bathrooms: 1 Finished SqFt: 990
Unit4
Bedrooms: 2 Bathrooms: 1 Finished SqFt: 990
Total Acres
5.0 

Features

Basement
Crawl 
Features
Cathedral Ceilings, Patio, Range, Refrigerator
Heating
LP Gas 

Mortgage Calculator

years
annual
annual

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
462452 Sep 9 2020 9:15AM $325,000 $349,000 196
462452 Active Jul 6 2020 12:16PM $349,000 196
School Information
Local Business

Learn More About This Listing

Real Estate One - Petoskey and Charlevoix

Petoskey Office: 231-347-6200
Charlevoix Office: 231-547-5100
Customer Care: 248-304-6700

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

MINMMLS Logo

Listing Courtesy of Kidd & Leavy Real Estate Co. Llc
Office Address 325 E Lake St.

Real Estate One Family of Companies

1820 Wetzel Lake Road Mancelona
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$325,000
For Sale • No. of Units: 4