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Sold on 07/15/2021
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5098 Main, Onekama, MI 49675

$550,000

Last sold 07/15/2021 after 59 Days

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    bed

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    bath

Multi-family not for sale

About 5098 Main

Property type Multi-family
Neighborhood
Year built 1969
HOA fee $0/month
Lot size 8,276 Sqft
Property description
8-Unit Apartment Building in the Village of Onekama (on M-22), with views of PORTAGE LAKE from some units. Six apartments are 2-BR; two are 1-BR. Electric heat throughout; each unit has their own electrical box, each tenant pays their own electric bill. Garbage, snowplowing and parking are included in rent. There are two sets of stairs, one at either end, to the 2nd floor. Full basement. Ample unpaved parking in the back. One coin-operated washer and dryer on the main flr; the water heater and dryer are gas. The manager lives in a 2-BR. The building is hooked up with Spectrum cable. Two signed yrly leases; others are month-to-month. Current rental income is approx. $34,680/yr but could be converted to vacation rentals. Peaked roof was new in 2002; part is flat. Land contract available.
Listed by
Listing Agent - MiRS STAFF
Listing Office - CENTURY 21 Northland
Source: MiRealSource, Inc mls logo
MLS#70193892 • last updated 2 years ago
Movoto checked MiRealSource, Inc for data 3 minutes ago
Overview
Heating Baseboard
Status Closed
Type Multi-Family
Lot Size (Acres) 0.19
Total Tax Amount 5018
Originating MLS Mason Oceana Manistee Board Of REALTORS
HOA Fee 94590
Year Built 1969
Interior
# Fireplaces No
Interior Features Cable/Internet Avail.
Exterior
Construction Wood
Lot Desc Sidewalks
Amenities / Utilities
Fuel Type Electric
Sewer/ Septic Public Sanitary
Location
County Onekama (51022)
Community Amenities Laundry Facility
Zoning Manistee Onekama Vlg
Multifamily Details
Unit 3: SqFt 3
Unit 2: Rent 410
Owner Pays Trash Removal
Total Units 8
  • Dec 2022
    mls logo MLS # 70271220
  • Dec 13, 2022 Unconditional Withdrawn
    —
  • Jul 8, 2022 Listed
    $679,000
  • Jul 2022
    mls logo MLS # 67022028324
  • Jul 8, 2022 Listed
    $679,000 (+23.5%)
  • Sep 2021
    mls logo MLS # 1887916
  • Sep 13, 2021 Withdrawn
    —
  • May 26, 2021 Listed
    $550,000
  • Sep 2021
    mls logo MLS # 70193892
  • Sep 10, 2021 Sold
    $550,000
  • May 17, 2021 Listed
    $550,000
  • Sep 2021
    mls logo MLS # 67021019180
  • Sep 10, 2021 Sold
    $550,000
  • Jul 19, 2021 Contingent - Continue To Show
    —
  • May 17, 2021 Listed
    $550,000
  • Year Property taxes Tax assessment
  • 2025
    $6,906 +3.0%
    $204,200 +32.94%
  • 2024
    $6,707 -1.8%
    $153,600 +10.42%
  • 2023
    $6,828
    $139,100
  • 5098 Main
    $550K
  • Onekama (51022)
    —
  • 49675
    $699K +77% y/y
  • Onekama
    $699K +77% y/y
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Statistics calculated by Movoto

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  • Real Estate
  • MI
  • Manistee County
  • Onekama
  • 49675
  • 5098 Main
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