Welcome to this exceptional multi-family investment opportunity! Nestled in a desirable neighborhood, this well-maintained property features three spacious rental units, making it an ideal choice for investors or homeowners looking to supplement their income. This property boasts three distinct rental units, each uniquely designed to maximize comfort and privacy. Unit 1: A versatile studio space for office rental or one bedroom apartment. A solid brick building with the added bonus of a garage on the backside. Unit 2: A generous sized two bedroom, one bathroom unit that includes a bright open-concept living and dining area, perfect for entertaining guests. The modern kitchen includes appliances and ample cabinet space. Unit 3: A cozy one bedroom, one bathroom unit featuring a private entrance, ideal for singles or couples. This unit offers a charming living space with large windows that fill the room with natural light. Conveniently situated in a thriving neighborhood, this property is just minutes away from local shops and restaurants. Its prime location ensures high demand from potential tenants. Enjoy ample parking making it easy for residents and guests alike. With three units the income potential presents lucrative investment opportunity. Whether you are an experienced investor or a first-time buyer looking to live in one unit while renting out the others, this property offers endless possibilities. Don't miss your chance to own this charming multi-unit in sought after area.
The median home value in Manistique, MI is $223,450. This is higher than the county median home value of $131,700. The national median home value is $338,100. The average price of homes sold in Manistique, MI is $223,450. Approximately 59.64% of Manistique homes are owned, compared to 25.5% rented, while 14.86% are vacant. Manistique 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 Manistique real estate agent to arrange a tour today!
Manistique, Michigan has a population of 2,817. Manistique is more family-centric than the surrounding county with 21.99% of the households containing married families with children. The county average for households married with children is 19.27%.
The median household income in Manistique, Michigan is $36,840. The median household income for the surrounding county is $54,163 compared to the national median of $69,021. The median age of people living in Manistique is 45.5 years.
The average high temperature in July is 75.9 degrees, with an average low temperature in January of 10.1 degrees. The average rainfall is approximately 32.1 inches per year, with 126.3 inches of snow per year.