260 3rd Street

9
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Excellent turn key rental property with 6 units in 2 buildings. 3 units in each. 100% occupied. Current income is $3175 month with tenants paying own utilities. Several long term tenants pay below market rent. Mechanicals are newer, vinyl siding is maintenance free and a large, private, paved parking lot is a huge asset! Continually updated apartments including kitchens and baths. 256-258 3rd Street is a 3-unit building and 260-264 3rd Street is another 3-unit. Some have washers and dryers. Nice...Excellent turn key rental property with 6 units in 2 buildings. 3 units in each. 100% occupied. Current income is $3175 month with tenants paying own utilities. Several long term tenants pay below market rent. Mechanicals are newer, vinyl siding is maintenance free and a large, private, paved parking lot is a huge asset! Continually updated apartments including kitchens and baths. 256-258 3rd Street is a 3-unit building and 260-264 3rd Street is another 3-unit. Some have washers and dryers. Nice yard, tall trees and a small park nearby. A great addition to your rental business or a perfect way to start! Close to Historic downtown Manistee, Lake Michigan beaches, pubs & restaurants, fishing rivers & streams and multiple golf courses.
  1. Listed by Marjorie Zaccanelli • Brokerage DRE #6505204796 • RE/MAX Bayshore Manistee
    P: (231)-510-4751 margie@manisteeliving.com

Property Details for 260 3rd Street

Zoning
R-2
ZoningDescription
R-2
LISTING UPDATED: 01/06/2023 10:43 PM

Property Details for 260 3rd Street

StatusSold
MLS #20033465
Days on Market50
Taxes$6,288 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / 5+ Units
Year Built1900
Lot Size0.40 AC / 17,220 SF
CountyManistee County

Location

Listing Courtesy of RE/MAX Bayshore Manistee

Sold By ERA Greater North Properties

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Building Information for 260 3rd Street

Stories-Residences6Year Built1900Building Size-Lot Size0.40 AC / 17,220 SF

Payment Calculator

$1,845 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,321

Property Taxes

$524

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 260 3rd Street

Summary
Location and General Information
  • Cross Streets: Sibben Street
  • Municipality: City of Manistee
  • Directions: US-31 in Manistee to Third Street. East on Third Street to Sibben Street. Located on corner of Sibben and Third Street.
  • Area - Major: MasonOceanaManistee - O
  • Street #: 260
  • Street Name: Third
  • Suffix: Street
  • City: Manistee
  • State: MI
  • Zip Code: 49660
  • County: Manistee
  • Latitude: 44.244055
  • Longitude: -86.313946
  • Area - Minor: MasonOceanaManistee - O
Taxes and HOA
  • Taxable Value: 106432.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 515151227509
  • Homestead: 0
  • SEV: 110800
Parking
  • Parking Total: 10.0
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Features: Level, Sidewalk, Corner Lot
  • Lot Dimensions: 132 x 119 x irregular
  • Lot Measurement: Acres
  • Lot Acres: 0.4
  • Lot Square Footage: 17220.0
  • Lot Size Area: 0.4
Property and Assessments
  • Tax Year: 2020
  • Road Surface Type: Paved
  • Legal: PT LOT 2 COM 30 RDS 13 FT S & 2 RDS E INT CEN LI SIB & 1ST STREET, E 96 FT, N 42 FT E 36 FT, S 161 FT TO N LINE OF 3RD ST, TH W ALG 3RD ST TO SIBBEN ST, N TO POB. SEC 12 T21N R17W ADDR: 256, 256 1/2, 258, 260, 262 & 264 3RD ST, APTS
  • Property Sub-Type: 5+ Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1900
  • Video Groups: 0
  • Accessibility Features YN: No
Utilities
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
  • Electric: True
  • Sewer: Public Sewer, True
  • Util Avail at Street: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public Sewer, Public Water
  • Utilities Attached: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
  • Water: Public Water
Interior and Exterior Features
Exterior Features
  • Roof: Composition
  • Stories: 1
  • Construction Materials: Vinyl Siding
  • Street Type: Paved, Public
  • Exterior Material: Vinyl Siding
  • Roofing: Composition
  • Substructure: Full
Interior Features
  • Heating: Hot Water
  • Basement: Yes
  • Basement Yes/No: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Hot Water
  • Appliances: Dryer, Microwave, Refrigerator, Washer, Range, Oven
Multi Family
Multi Family Information
  • Number of Units: 6
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 1
  • ActualRent: $400.00
  • Description: Single Story
Unit 2
  • BathsTotal: 2
  • BedsTotal: 2
  • ActualRent: $625.00
  • Description: 2-story
Unit 3
  • BathsTotal: 2
  • BedsTotal: 2
  • ActualRent: $525.00
  • Description: 2- story
Unit 4
  • BathsTotal: 1
  • BedsTotal: 1
  • ActualRent: $550.00
  • Description: One Story Unit
Unit 5
  • BathsTotal: 1
  • BedsTotal: 1
  • ActualRent: $400.00
  • Description: Second Level Unit
Unit 6
  • BathsTotal: 2
  • BedsTotal: 2
  • ActualRent: $675.00
  • Description: Two Story Unit
Rental
Rental Information
  • Occupant Type: Tenant
  • Tenant Pays: Electric, Gas, Sewer, Water
  • Owner Pays: None
  • Terms Available: Cash, Conventional

Property History for 260 3rd Street

DateEvent & SourcePriceAppreciation
Oct 16, 2020

Sold

MiRealSource #70156190

$265,000—
Oct 16, 2020

Sold

Michigan Regional Information Center #20033465

$265,000—
Oct 16, 2020

Sold

MiRealSource #1333022

$265,000—
DateEvent & SourcePrice
10/16/2020

Sold

MiRealSource #70156190

$265,000
10/16/2020

Sold

Michigan Regional Information Center #20033465

$265,000
10/16/2020

Sold

MiRealSource #1333022

$265,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 260 3rd Street

Taxable ValueLand-Additions-Total-
Tax Record2025$11,268 ($939 / month)
Home Facts
Beds0StyleSingle Family ResidenceCountyMANISTEEAPN51-512-275-09

Schools near 260 3rd Street

This home is within Manistee Area Public Schools.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 12
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
John F. Kennedy Elementary School
Public3 to 5

Manistee High School
Public6 to 12

Manistee Harbor Academy
Public9 to 12

Trinity Lutheran School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of RE/MAX Bayshore Manistee

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