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Sold on 10/06/2020
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260 Third, Manistee, MI 49660

$401,000

Last sold 10/06/2020 for $265K

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    bed

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    bath

Multi-family not for sale
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About 260 Third

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 0.39 Acre
Movoto estimate
Rental estimate
Property 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 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
Listed by
Listing Agent - Marjorie L Zaccanelli
Listing Office - REMAX Bayshore - Manistee
Source: MiRealSource, Inc mls logo
MLS#1333022 • last updated 4 years ago
Movoto checked MiRealSource, Inc for data 2 minutes ago
Overview
Heating Hot Water
Status Closed
Type Multi-Family
Lot Size (Acres) 0.39
Year Built 1900
Interior
Basement Full
Exterior
Foundation Basement
Exterior Features Sidewalks
Amenities / Utilities
Fuel Type Natural Gas
Sewer/ Septic Public Sanitary
Water Public Water
Utilities Cable Available
Location
Water Features None
County Manistee (51021)
Zoning Residential
$401K
Range: $260K-$541K
Last 30 days 
Rental est.: $966/month
Gross rent multiplier: 22.9
  • Oct 2020
    mls logo MLS # 70156190
  • Oct 16, 2020 Sold
    $265,000
  • Aug 17, 2020 Listed
    $289,000
  • Oct 2020
    mls logo MLS # 67020033465
  • Oct 16, 2020 Sold
    $265,000
  • Aug 17, 2020 Listed
    $289,000
  • Oct 2020
    mls logo MLS # 1878763
  • Oct 16, 2020 Sold
    $265,000
  • Oct 6, 2020 Pending
    —
  • Aug 18, 2020 Listed
    $289,000
  • Oct 2020
    mls logo MLS # 1333022
  • Oct 16, 2020 Sold
    $265,000 (-8.3%)
  • Aug 18, 2020 Listed
    $289,000
  • Year Property taxes Tax assessment
  • 2024
    $10,984 +6.7%
    $214,100 +12.15%
  • 2023
    $10,292
    $190,900
  • 260 Third
    $265K
  • Manistee (51021)
    —
  • 49660
    $309K +3% y/y
  • Manistee
    $309K +3% y/y
No chart available
Statistics calculated by Movoto

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5/10
John F. Kennedy Elementary School
public Grades 3-5
Manistee Area Public Schools
7/10
Manistee High School
public Grades 6-12
Manistee Area Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

Around Manistee (51021)

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