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$ 319,500
Est. payment /mo
Active
421 N Michigan Avenue Manton, MI 49663
2.15 Acres Lot
UPDATED:
12/30/2024 05:06 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 80053139
Style 1 Story
Year Built 1969
Lot Size 2.150 Acres
Acres 2.15
Lot Dimensions irregular
Property Description
Attention investors! Here’s your chance to own a 5-unit multi-family property in the heart of Manton. This property offers tremendous potential for income generation and expansion, all set on a spacious 2.15-acre parcel. Identical 2-bedroom, 1-bath units offer comfortable living spaces, though updating is needed to unlock their full potential. Tenants will appreciate the large, shared lawn area for relaxation and recreation. With over 2 acres, there is the possibility of expansion with additional units or tenant amenities (subject to local zoning and permits). Situated on a main street leading into Manton, this property offers easy access to town and visibility for potential renters. In addition, a large 24' x 40' garage provides versatile storage options for the property owner or tenants. Ideal for housing maintenance equipment, supplies, or as additional rental storage space. Whether you’re looking to update and maximize the current units or explore the property’s development potential, this is a unique opportunity to invest in Manton’s rental market!
Location
State MI
County Wexford
Area Manton (83021)
Zoning Commercial
Rooms
Basement Poured
Interior
Heating Hot Water
Appliance Range/Oven, Refrigerator
Exterior
Exterior Feature Aluminum
Amenities Available Pets-Allowed
Building
Story 1 Story
Water Public Water
Structure Type Aluminum
Schools
School District Manton Consolidated Schools
Others
Ownership Corporation
Energy Description Electric
Financing Cash,Land Contract
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Coldwell Banker Schmidt-Cadillac