8306 NE US 131,Mancelona, MI - $895,000

MLS# 201827705 Property Type: Business Op

Description

Prime Investment Opportunity! This exceptional property, conveniently located at the corner of US-131 and M-66, presents a lucrative business venture. 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.

Details
  • Type : Business Op
  • Sqfeet : 0.00
  • Acres : 0.00
  • Lake/River :
  • Waterfront :
  • Frontage :
  • School :
  • Construction : Frame
  • Virtual Tour :

Listing Provided Courtesy of Daphne Cousineau - The TEAM Real Estate Group

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