3149 Mills RD, Manitou Beach, MI 49253 - MLS#56050196636

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Jim Willis

jwillis@millerteamrealtors.com +1(810) 201-6924

$300,000

Est. payment - /mo

7 Beds

7 Baths

2,578 SqFt

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,578 sqft

Price per Sqft $116

Subdivision Schmidts Of Lakeside Add 1 Parcels 81-82-83

MLS Listing ID 56050196636

Bedrooms 7

Full Baths 7

Year Built 1950

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type MultiFamily

Property Description

*Multiple Offers Received - All offers must be submitted by Friday, January 9, 5:00 pm* Seven unit apartment complex located in the desirable Manitou Beach/Irish Hills area. Property includes six (6) one bedroom units and one (1) two bedroom unit. Offers consistent income potential with added value of Round Lake access via easement. Conveniently located near Devils Lake, local amenities, and recreational opportunities. An excellent opportunity for investors seeking a solid multifamily asset in a high-demand area. Current rent is $145 per week. Additional offerings include a nearly 100 year old, well established restaurant with (3) two bedroom, one bath apartments above, a three bedroom, one bath Devils Lakefront home, optional additional lake access parcels and a 1 acre buildable lot. Already divided into four separate offerings and may be purchased individually or as one complete complex. Complete Portfolio Listing (All Included), available as a bundled purchase or individually. Portfolio includes: 3171 & 3193 Round Lake Hwy. "“ The Highland Inn and residential home (MLS #50196637) 3149 Mills Rd. "“ Apartment building (MLS #50196636) 0 Round Lake Hwy. "“ Vacant land (MLS #50196635) 0 Mills Rd. "“ Vacant land (MLS #50196633) RLO-615-0421-00 "“ Strip of land to Round Lake - Only included in complete portfolio RLO-610-0051-00 "“ Round Lake frontage - Only included in complete portfolio A rare opportunity to acquire a diversified mix of commercial, residential, multifamily, and vacant land assets in one strategic location. Ideal for investors seeking multiple income streams and future development potential. Properties may be purchased individually or as a complete package. Round Lake access is via easement unless complete portfolio is purchased.

Location

State MI

County Lenawee

Area Area13071Rollintwp

Interior

Heating Forced Air, Natural Gas, Wall Furnace

Cooling Window Unit(s)

Fireplace No

Exterior

Waterfront Description AllSportsLake, LakePrivileges

View Y/N No

Building

Foundation Slab

Sewer Public Sewer

Water Well

New Construction No

Schools

High Schools Addison

School District Addison

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Virtual Tour https://drive.google.com/file/d/1K10lCJsD2lzFEzjQHQAtCfSY37qZPrna/view

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Listed by Lesley Dempsey of Howard Hanna Real Estate Services-Adrian

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Jim Willis

+1(810) 201-6924

Agent | Brerms:274322

Agent Brerms:274322

3149 Mills RD Manitou Beach, MI 49253

Jim Willis

Key Details

Location

Interior

Exterior

Building

Schools

Others

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