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Jim Blehm

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

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259 S Wythe St , Pentwater, MI 49449
$495,000
Est. Payment: $1,100.00/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 11
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House Description

Investment Opportunity: This rare multi-unit property, located near the heart of downtown Village of Pentwater, is available for the first time since 1986. Originally constructed in the 1890s, the residence is situated on a spacious lot and includes a two-stall garage. It offers a unique blend of space, versatility, and an excellent downtown location al within a short walking distance to the beach & Village. The main living level 1st unit features 3 bedrooms and 1½ baths, a kitchen with dining area, and a comfortable family room. The 2nd unit upper level offers separate living quarters with an additional 3 bedrooms and 1 full bath, its own kitchen, separate dining area, and living room. Cash flows $800/month for a long term rental. With six total bedrooms, two distinct living spaces, a generous lot, and two-stall garage, and extra storage shed, this property offers incredible flexibility for multi-generational living, a primary residence with additional income potential, or an investment opportunity in one of West Michigan's most sought-after lakeshore communities. Enjoy the best of the Pentwater lifestyle with downtown shops and dining nearby, along with convenient access to Lake Michigan, Pentwater Lake, and the marina. Move-in ready and available for the first time in nearly 40 years, this is a special opportunity to own a piece of historic downtown Pentwater.

Highlights

Listed by Robert A Antonini , 616-974-2000 Coldwell Banker Schmidt Realtors , 616-459-0400.

Property Type

Multi-Family

Lot/Acreage
0.23

Year Built

1890

County

Oceana

School District

Pentwater

Listing ID

26045543

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Basement:Michigan Basement

Exterior Features

Lot:Level,Sidewalk
Garage Capacity:4
Roof:Composition
Sewer:Public Sewer
Parking Features:Concrete,Driveway
Principal Interest
$1,100
Taxes
$286

Home Price

$495,000

Loan Details

30 yrs
%

Down Payment

20%
$99,000
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:
$1,100.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,100.00 $285.92 $0.00 $1,385.92
Yearly $13,200.00 $3,431.00 $0.00 $16,631.00
Total $396,000.00 $102,930.00 $0.00 $498,930.00

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 (Pentwater, 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.