8306 Ne Us 131 Mancelona, MI 49659
Other
MLS #: 201833151
Courtesy Of The TEAM Real Estate Group
2680 M-32, Gaylord, MI
2680 M-32, Gaylord, MI
Property InformationDescription
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
Features
- Legal Description: PT OF THE SE 1/4 OF THE NE 1/4, DESC AS COM AT THE E 1/4 POST OF SEC, TH W ON 1/4 LINE 485.5 FT, TH N 38 DEG E 400 FT TO THE POB, TH N 38 DEG E 234.3 FT, TH DUE N 365.7 FT, TH W 262 FT, TH S 458.2 FT, TH S 52 DEG E 150 FT TO THE POB SEC 17 T29N R6W
- MLSID: 201833151
MAP & DIRECTIONS
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