Onekama, MI 49675-9803,5098 Main Street
Onekama, MI 49675-9803,5098 Main Street
Onekama, MI 49675-9803,5098 Main Street
50
$550,000
$550,000
Est.Price: ?

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8,276 Sqft Lot

5098 Main Street Onekama, MI 49675-9803

Est. payment /mo
SOLD DATE : 09/08/2021

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Key Details

Sold Price $550,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70193892

Sold Date 09/08/21

Year Built 1969

Annual Tax Amount $5,018

Tax Year 2021

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 103.9 x 129.3 x 113.9 x 1

Property Description

8-Unit Apartment Building in the Village of Onekama (on M-22), with views of PORTAGE LAKE from some units. Six apartments are 2-BR; two are 1-BR. Electric heat throughout; each unit has their own electrical box, each tenant pays their own electric bill. Garbage, snowplowing and parking are included in rent. There are two sets of stairs, one at either end, to the 2nd floor. Full basement. Ample unpaved parking in the back. One coin-operated washer and dryer on the main flr; the water heater and dryer are gas. The manager lives in a 2-BR. The building is hooked up with Spectrum cable. Two signed yrly leases; others are month-to-month. Current rental income is approx. $34,680/yr but could be converted to vacation rentals. Peaked roof was new in 2002; part is flat. Land contract available.

Location

State MI

County Manistee

Area Onekama (51022)

Zoning Commercial,Residential

Interior

Interior Features Cable/Internet Avail.

Heating Baseboard

Exterior

Exterior Feature Wood

Amenities Available Laundry Facility

Building

Lot Description Sidewalks

Foundation Basement, Crawl

Structure Type Wood

Schools

School District Onekama Consolidated Schools

Others

Energy Description Electric

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional,Land Contract

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by CENTURY 21 Northland
Bought with LIGHTHOUSE REALTY-Ludington

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agent

Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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