$182,500
Manistee, MI 49660
MLS# 22033973
Status: Sold
1 / 50
Property Description
Great investment opportunity on Manistee's Northside - close to 5th Ave Beach, Manistee River and a couple of blocks to Beautiful downtown Manistee. This three unit property sits on a corner lot and has a single detached garage. All separated entrances to each rental and several spaces for off street parking. #1 2 Bedroom, 1 Bath Unit #2 1 Bedroom, 1 Bath Unit with Loft #3 1 Bedroom, 1 Bath – Upper Unit Electric and Gas are split. Many newer upgrades and updates. New roof in 2017, new furnace in #3 in 2018, new furnace in #1 in 2016, all newer hot water heaters. Vinyl siding and replacement windows. Updated bathrooms. All units have city certificates of compliance through July of 2025. Currently, #1 is vacant and could be used as a short term rental, long term rental, or pers
Details
Maps
Location Property Info
County: Manistee
Street #: 276
Street Name: Fifth Ave
State: MI
Zip Code: 49660
Area: MasonOceanaManistee - O
OfficeContract Info
Status: Sold
Current Price: $182,500
List Price: $182,500
Listing Date: 2022-08-08
General Property Info
Lot Measurement: Acres
Lot Square Footage: 6098
Lot Acres: 0.14
Lot Dimensions: 58X108
Year Built: 1900
New Construction: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2025-07-21
Road Frontage: 58
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 2
Total Parking Spaces: 6
Waterfront: No
School District: Manistee
Tax Info
Tax ID #: 515127072509
Taxable Value: 39345
SEV: 56600
For Tax Year: 2022
Seller's Annual Property Tax: 2386.57
Tax Year: 2022
Remarks Misc
Directions: Head west on 5 Avenue to Freemont St on right hand side of street. Sits on the corner of 5th Ave and Freemont St
Status Change Info
Under Contract Date: 2022-08-11
Sold Date: 2022-09-20
Sold Price: $182,500
Access Feat
Accessibility Features: No
Income and Expenses
Annual Insurance: 1000
Annual Utilities: 1200
Gross Op. Inc.: 2350
Unit 1
Unit #: 1
Unit Description: 2 Bed one Bath
Occupied: No
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: 1 Bed 1 Bath
Occupied: Yes
Monthly Rent: 775
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: 1 Bed 1 Bath
Occupied: No
Monthly Rent: 725
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Full
Lot Description: Corner Lot; Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer
Extras: Garages; Sep Electric Meter; Sep Gas Meter; Tenant Storage
Owner Pays: Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air; Wall Furnace
Air Conditioning: Window Unit(s)
Driveway: Concrete
Street Type: Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Unit 3: Range/Oven; Refrigerator
Listing Office: Dwelling Realty - KW Northern Michigan
Listing Agent: Alan Pierce
Last Updated: January - 22 - 2026
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