$875,000

8306 NE US 131, Mancelona, MI 49659, US

Summary

Style: Business Op

Moving Quotes

primary photo for 8306 NE US 131, Mancelona, MI 49659, US

Remarks

Prime Investment Opportunity! This exceptional property, conveniently located at the corner of US-131 and M-66, presents a lucrative business venture. Currently operating as 25 units, with potential to expand to 27 units, this versatile space offers an array of rental options. Discover three charming 1-bedroom apartments, a spacious 2-bedroom unit, a 3-bedroom modular home, and several cozy efficiency units - some even equipped with kitchenettes. The addition of four brand-new hot water heaters ensures optimal comfort for all tenants. With on-site coin-operated laundry facilities and impressive monthly gross earnings of $18k, this is an investment not to be missed!Owner is a licensed real estate agent.

Details

MLS#: 201827705
Price: $875,000

Style: Business Op

County: Antrim
Subdivision: T29N R6W
Lot Size: 236x360x460x140

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Broker Contact

The TEAM Real Estate Group
2680 M-32
Gaylord, MI, 49735
US
! (989) 732-6500
! sales@gaylordrealtors.com

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Water Wonderland Board of Realtors®
Last updated: 2024-08-13T15:13:27.000-04:00.
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