46
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$286,000
$292,500 2.2%
Est. payment /mo
0.35 Acres Lot
Sold on 04/08/2025
238 W Parkdale Avenue Manistee, MI 49660
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Key Details
Sold Price $286,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 25006295
Year Built 1900
Annual Tax Amount $2,338
Tax Year 2024
Lot Size 0.345 Acres
Property Sub-Type 2 to 4 Units
Property Description
Turnkey Triplex Investment in Manistee - Prime Location!
This fully rented triplex at 238 Parkdale Ave. offers an excellent income-generating opportunity in a high-visibility location on the US-31 business corridor in Parkdale, just north of Manistee. The main floor unit (formerly commercial) has been remodeled into a 2-bedroom residence with main floor laundry, currently rented for $1,275/month. Apartment 2 (1BR) rents for $700/month, and Apartment 3 (upper 2BR) rents for $950/month, generating $2,925/month in total rental income. Features separate utilities, paved parking, updated mechanicals, A/C in all units, handicap ramp, new septic (2020), and new roof (2016). A prime investment opportunity, schedule a showing today!
This fully rented triplex at 238 Parkdale Ave. offers an excellent income-generating opportunity in a high-visibility location on the US-31 business corridor in Parkdale, just north of Manistee. The main floor unit (formerly commercial) has been remodeled into a 2-bedroom residence with main floor laundry, currently rented for $1,275/month. Apartment 2 (1BR) rents for $700/month, and Apartment 3 (upper 2BR) rents for $950/month, generating $2,925/month in total rental income. Features separate utilities, paved parking, updated mechanicals, A/C in all units, handicap ramp, new septic (2020), and new roof (2016). A prime investment opportunity, schedule a showing today!
Location
State MI
County Manistee
Area Masonoceanamanistee - O
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Number 1
Exterior
Parking Features Paved
Utilities Available Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
View Y/N No
Roof Type Composition
Building
Sewer Septic Tank
Water Well
Structure Type Vinyl Siding
New Construction No
Schools
School District Manistee
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Essential Real Estate
Bought with CENTURY 21 Northland
Bought with CENTURY 21 Northland