8306 Ne Us 131, Mancelona, MI

$895,000

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About 8306 Ne Us 131

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.

Features of 8306 Ne Us 131

MLS® # 201827705
Price $895,000
Type Commercial
Sub-Type Business Op
Status Active

Community Information

Address 8306 Ne Us 131
Subdivision T29N R6W
City Mancelona
County Antrim
State MI
Zip Code 49659

Interior

Heating Electric

Exterior

Lot Description 236x360x460x140
Construction Frame

Additional Information

Zoning Commercial
Foreclosure No
Short Sale No

Listing Details

OfficeThe TEAM Real Estate Group

Listing Map

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