$925,000

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! Now with city water and sewer! This exceptional property, conveniently located at the corner of US-131 and M-66, presents a lucrative business venture .New gas lines run to the single story building Jan 2025! 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#: 201833151
Price: $925,000

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: 2025-01-21T11:53:21.000-05:00.
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