403 Williams, Mancelona MI 49659 Photo 1 403 Williams, Mancelona MI 49659 Photo 2 403 Williams, Mancelona MI 49659 Photo 3 403 Williams, Mancelona MI 49659 Photo 4 403 Williams, Mancelona MI 49659 Photo 5 403 Williams, Mancelona MI 49659 Photo 6 403 Williams, Mancelona MI 49659 Photo 7

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403 Williams - Fully rented three unit apartment house conveniently located on US-131 in Mancelona central to everything northern Michigan. Walk to downtown, grocery store, and next door to sporting goods/party store. 2962 square feet includes 625 unfinished area upstairs with potential for a 4th apartment. Downstairs consists of one two-bedroom apartment. Upstairs has two one-bedroom apartments. Wood fireplace upstairs. There is a shortage of rentals in this area. Investors and retirees, this is your chance to move to and/or invest in a friendly small town in the heart of northern Michigan. Near Shanty Creek Resort and convenient to northern Michigan woods and waters. Current rental income is $1835 per month, and tenants are on a month-to-month basis. Landlord currently pays a total of approximately $500 per month utilities to cover water, garbage, electric and gas in both apartments. Outline of floor plan is available in attached documents. Note: a 2 unit apartment at 303 N Williams is also being sold by the same owner.

Listing information

  • MLS® ID: 1796668
  • Status: Active
  • New Construction: No
  • Lot Area: 0.20
  • County: Antrim
  • Style: Complex
  • Stories: 0
  • Foreclosure: No
  • Lot Size: irreg
  • School District: Mancelona Public Schools
  • Year Built: 1950
  • Parking Type Description: None 0 cars
  • Total Square Footage: 2,962 ($57.06 per sq. foot)
  • Estimated Annual Taxes: $2,077

Features

ADDITIONAL BUILDINGS None
APPLIANCES/EQUIPMENT Drapes, Oven/Range, Refrigerator
CONSTRUCTION Block
Deeded Waterfront No
DEVELOPMENT AMENITIES None
DOCUMENTS ON FILE Other
ECO Features No
EXTERIOR FEATURES Porch
EXTERIOR FINISH Aluminum Siding
FIREPLACE AND STOVES Fireplace
FOUNDATION Slab
HEATING/COOLING SOURCES Natural Gas
HEATING/COOLING TYPE Baseboard
INCLUDED IN LEASE Electric, Heating/Cooling, Smoking Allowed, Snow Removal, Trash Removal, Water
INTERIOR FEATURES Other
MINERAL RIGHTS Unknown
Other Development Name - Helmut Apartments, Other Taxes - 263.88, Summer Taxes - 1,290.33, Total # Units - 3, Winter Taxes - 522.84, Year Remodeled - 2000, Year Updated - 2000, Year: Summer - 2015, Year: Winter - 2015
POSSESSION Negotiable
PRIMARY GARAGE None
PROPERTY TYPE Apartment Complex
ROAD Public Maintained
ROOF Asphalt
SEWER Private Septic
STYLE Apartment
TV SERVICE/INTERNET AVAIL Antenna, Cable Internet, Cable TV, Dish TV, WiFi
UNIVS DESIGN/BARRIER FREE None
WATER Municipal
WATER FEATURES None
ZONING/USE/RESTRICTIONS Multi-Family
Listing Courtesy of Donna Gundle-Krieg of Blunorth Realty PO Box 1228 Bellaire Mi 49615