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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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435 River St , Manistee, MI 49660
$475,000
Est. Payment: $1,055.56/mo
0 Bed
5 Bath
6556 Sqft
Status: Active | Days on site: 3
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House Description

Great investment property for sale It has 3300 sq ft of retail space currently being used as a successful Upholstery shop. The upstairs 3300 sq ft is 4 apartments, 3 one bedroom apt and 1 two bedroom with an income of $3,200.00 per month. Owner would lease the commercial area to continue his business for a few more years which would increase the total income. All electrical, plumbing, flooring and roof have been updated in the past couple of years. There is also a 3300 sq ft basement for all your storage needs or work shop areas.

Highlights

Listed by Jim Beaudrie , 231-510-9142 Dwelling Realty - KW Northern Michigan , 231-887-4455.

Property Type

Commercial Sale

Lot/Acreage
0.07

Year Built

1893

County

Manistee

School District

Manistee

Listing ID

26040332

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:5
  • Full Bathrooms:5
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:River
Roof:Rubber
Principal Interest
$1,056
Taxes
$303

Home Price

$475,000

Loan Details

30 yrs
%

Down Payment

20%
$95,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,055.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,055.56 $302.81 $0.00 $1,358.37
Yearly $12,666.67 $3,633.75 $0.00 $16,300.42
Total $380,000.00 $109,012.50 $0.00 $489,012.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Manistee, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.