Prime Downtown Manistee Duplex: Investment OpportunityThis two-unit multi-family home offers the perfect blend of location, convenience, and potential for strong rental income. Situated in the vibrant downtown area, this property provides easy access to local amenities, attractions, and transportation.Key Features:Prime Location: Downtown Manistee, offering proximity to shops, restaurants, and entertainment.Two-Unit Potential: A one-bedroom, one-bath unit upstairs and a two-bedroom, one-bath unit downstairs provide flexibility for tenants.Low-Maintenance: A small garage, concrete driveway, and manageable yard make for easy upkeep.Rental Income Potential: Both leases are ending soon, presenting an opportunity to secure new tenants and potentially increase rental rates.
Excellent 2 story 6 Bedroom 2+ bath Turn of the century home 2 stall garage Lower Level Large Kitchen with Dining area Living Room and 3 Season Porch, Large Clean Basement with Ample room for storage,Laundry, Upper Level has Room For a Laundry 3 bedrooms and a generous Family room Kitchen with Eating area. History of Weekly Rental or excellent single family or monthly rental. Owner is Motivated so bring offers.
Opportunity abounds in this three unit building. The main level was a store front and features an attached oversize two stall garage, heated storage, and the storefront. The basement has tall ceilings and takes you back in time. Upstairs find two recently remodeled units, with a wide staircase to the upstairs. Both units boast washer and dryer hookups. The upstairs units are occupied, and the lower unit is used for storage (owner willing to continue to rent as storage). Seller is a licensed real estate agent.
Great opportunity to own a 2 unit rental property in Manistee! Each unit has two bedrooms, one bath, separate electric and gas meters, and their own laundry. The lower unit currently has access to basement. The upper unit is rented and the tenants pay their own utilities. The property has alley access to a large two car garage, parking and a large storage shed. Close to schools and downtown. It is minutes from Lake Michigan, the River Walk, shopping and restaurants.
TWO-UNIT in the Heart of Manistee located on Cypress St (US 31). Two great long term tenants, the upper unit generates $1,300 a month, the lower unit generates $1,150 and is month to month. New boiler in 2018, The Lower unit has a great sun porch with a leaded glass window, gas fireplace and nice built-ins also a patio area off the kitchen. The lower unit looks great, and the upper unit has been completely remodeled. With a nice spacious floor plan, French doors to its own sun porch, with beautiful wood floors, galley kitchen with new appliances and a farm sink. Close to Downtown Manistee and Lake Michigan. Building has one gas, water and electric meter but can be split.
Great Investment Opportunity! Well Maintained Duplex within walking distance to downtown Manistee. All utilities are separated except for water which tenants are currently splitting. Steel Roof added in 2022. Exterior also painted in 2022. Tenants each pay $1000.00 month in rent. Duplex is certified with city and compliant with recent inspection. Buyer to verify all measurements.
The median home value in Manistee, MI is $227,750. This is higher than the county median home value of $191,500. The national median home value is $338,100. The average price of homes sold in Manistee, MI is $227,750. Approximately 53.69% of Manistee homes are owned, compared to 20.17% rented, while 26.14% are vacant. Manistee real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Manistee real estate agent to arrange a tour today!
Manistee, Michigan has a population of 6,230. Manistee is more family-centric than the surrounding county with 24.04% of the households containing married families with children. The county average for households married with children is 22.77%.
The median household income in Manistee, Michigan is $52,453. The median household income for the surrounding county is $54,428 compared to the national median of $69,021. The median age of people living in Manistee is 47.6 years.
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 16.5 degrees. The average rainfall is approximately 35.3 inches per year, with 93.9 inches of snow per year.