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$325,000

MLS 462452
1820 Wetzel Lake Mancelona, MI 49659  
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If you are looking for a proven income producer with minimal maintenance, this unique opportunity is the fit for you! This 4-unit duplex development is available in full with 100% occupancy currently. Each unit is nearly 1000 square feet with 2 Bedrooms, 1 bathroom, private washer & dryer connections, attached one-car garage, and private patio area. At a time when traditional financial products are paying such a low yield, why not earn significant return on this cash flowing opportunity! Rent all four for maximum return on investment, or lease three while occupying one cost-free. There are so many possibilities here for the sophisticated buyer to pursue. Factor in the additional lots included in this sale, and it's hard to find many better values on today's market!
Price $325,000 Zoning:  N/A
Area: Mancelona Water: Well Association: No
Sale or Rent: For Sale Ttl fin. Sqft: 3960 Lot Size:
Sewer: Septic Units: 4 Acres: 5.00

Features: Cathedral Ceilings,Patio,Range,Refrigerator
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Listing Provided Courtesy of:
Kidd & Leavy Real Estate Co. LLC

Copyright 2020 Northern Michigan MLS (NMMLS)
Listing provided by EMMET and ACK Association of Realtors, database last updated Saturday October 24, 2020
 
Direct Link:  https://reomich.com/petoskey/reopetoskey/multifamily/index.php?view=462452