238 W Parkdale Avenue Contingent

Manistee,MI 49660-1177

$ 292500

- Bed

- Bath

2400 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Contingent

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $121

Subdivision Mi

MLS Listing ID 25006295

Year Built 1900

Annual Tax Amount $2,338

Tax Year 2024

Lot Size 0.350 Acres

Acres 0.35

Lot Dimensions 96' x 138' x 127' x 102'

Property Sub-Type Multi-Family

Property Description

Turnkey Triplex Investment in Manistee - Prime Location!This fully rented triplex at 238 Parkdale Ave. offers an excellent income-generating opportunity in a high-visibility location on the US-31 business corridor in Parkdale, just north of Manistee. The main floor unit (formerly commercial) has been remodeled into a 2-bedroom residence with main floor laundry, currently rented for $1,275/month. Apartment 2 (1BR) rents for $700/month, and Apartment 3 (upper 2BR) rents for $950/month, generating $2,925/month in total rental income. Features separate utilities, paved parking, updated mechanicals, A/C in all units, handicap ramp, new septic (2020), and new roof (2016). A prime investment opportunity, schedule a showing today!

Location

State MI

County Manistee

Area Manistee Twp (51007)

Interior

Heating Forced Air

Exterior

Exterior Feature Vinyl Siding

Building

Structure Type Vinyl Siding

Schools

School District Manistee Area Public Schools

Others

Energy Description Natural Gas

Financing Cash,Conventional

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