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268 1st Ave

Manistee, MI 49660
Active | MLS #21027106 | 44 days on market
beds
Beds
baths
Baths
sq ft
Sq Ft
acres
Acreage
0.22
type
2 to 4 Units
$175,000
$827/mo est*
Thomas Serio
Interested in this property?
Thomas Serio Realtor®

Home Features

heating
Heating
cooling
Cooling
waterfront
Waterfront
No
county
County
Manistee
Municipality
Municipality
City of Manistee
school
School District
Manistee
calendar
Year Built
1900

Details

Looking for an investment property? This Northside duplex is ready to go! Lower unit is a two bedroom, one bath with a large living room, eat in kitchen, and rear porch. Upper unit is two bedroom, one bath with a living room and rear deck. Home sits on an extra large corner lot and also has a two car garage. Updates to the home include vinyl windows, siding, and a newer roof. Gas and water have been split, owner pays water, sewer, and trash. Lower unit was last rented at $750 a month, upper was at $700, and the garage was $50. Both units will be vacant so that the new owner can set rates and choose new tenants, or convert it back into a single family home. Home has a current certificate of compliance for the city rental program. Fantastic location for vacation rentals!
Agent: Chris DiebelPhone: 231-887-4455

Interior

  • Basement Yes

Exterior

*Estimated monthly payments are based on 3.92% interest rate and 30 year loan term. Please contact your mortgage lender for a monthly payment estimate accurate to you.

Local Market Info

Balanced
Buyer's
Seller's
Manistee is currenty a
Seller's Market

A seller’s market exists when the number of home buyers exceeds the number of homes offered for sale. Sellers will benefit because high demand and low inventory will drive up prices.

Area Demographics

Demographic Icon
Total Population
6071
Demographic Icon
Population Density
1,848
/sq mi.
Demographic Icon
Median YEARLY income
$23,682
Demographic Icon
MEDIAN AGE
43
Demographic Icon
COLLEGE EDUCATED
28%
Demographic Icon
Owner/renter divide
70% / 30%

Listing Stats

+60.1%
Since last Year
Average List Price
2017 2017 2017.5 2017.5 2018 2018 2018.5 2018.5 2019 2019 2019.5 2019.5 2020 2020 0 0 100,000 100,000 200,000 200,000 300,000 300,000 400,000 400,000
+80.0%
Since last Year
Number of New Homes on Market
2017 2017 2017.5 2017.5 2018 2018 2018.5 2018.5 2019 2019 2019.5 2019.5 2020 2020 0 0 5 5 10 10 15 15
+2.1%
Since last Year
Average Sale Price
2018 2018 2018.5 2018.5 2019 2019 2019.5 2019.5 2020 2020 0 0 50,000 50,000 100,000 100,000
-50.0%
Since last Year
Number of Sold Homes
2018 2018 2018.5 2018.5 2019 2019 2019.5 2019.5 2020 2020 0.0 0.0 2.0 2.0 4.0 4.0 6.0 6.0
875 Oak Ridge Rd
Muskegon, MI 49441

Location Hours

M-F
8AM - 4PM walk ins
(Evenings By Appointment)

S-S
By Appointment Only

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