$286,000
$292,500
2.2%For more information regarding the value of a property, please contact us for a free consultation.
0.35 Acres Lot
SOLD DATE : 04/08/2025
Key Details
Sold Price $286,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Manistee Twp
MLS Listing ID 25006295
Sold Date 04/08/25
Year Built 1900
Annual Tax Amount $2,338
Tax Year 2024
Lot Size 0.345 Acres
Acres 0.35
Lot Dimensions 96' x 138' x 127' x 102'
Property Sub-Type 2 to 4 Units
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 Masonoceanamanistee - O
Direction US-31/ Parkdale Ave.
Body of Water Manistee River
Rooms
Basement Full
Interior
Interior Features Broadband
Heating Forced Air
Cooling Central Air
Fireplaces Number 1
Exterior
Parking Features Paved
Utilities Available Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 12
Building
Sewer Septic Tank
Water Well
Structure Type Vinyl Siding
New Construction No
Schools
School District Manistee
Others
Tax ID 51-07-800-002-50
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with CENTURY 21 Northland
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