$199,000
For Sale

270 Fifth Avenue

Manistee, MI 49660
Browse 25 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

This charming home on Manistee's sought-after Fifth Ave is perfect for a full-time residence or a fantastic opportunity for investors. Current renters have a 20 plus year rental history. It's an ideal investment for long-term rentals or Airbnb. The lower unit is paying $525 a month, and the upper unit is paying $300 a month. You can also live in one unit and rent out the other, or easily convert it back into a single-family residence.Meticulously maintained by the current tenants, the main floor features 2 bedrooms, a kitchen, a full bath, a living room, and a dining room. The second floor offers a kitchen, 2 bedrooms, and a full bath. So close to Lake Michigan, you'll be able to enjoy the invigorating beach breeze.

  • Interior Details
      • HeatingBaseboard, Forced Air
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1900
  • Community and Neighborhood Details
      • School DistrictManistee
      • CountyManistee
      • RegionManistee
  • Financial Details
      • Original List Price$199,000
  • Other
      • MLS #67024033472

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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