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421 Michigan Avenue, Manton, MI

Price: $295,000.00
Square Ft.: 3401
Price/SQFT: $86.74

Attention investors! Here’s your chance to own a 5-unit multi-family property in the heart of Manton. This property offers tremendous potential for income generation and expansion, all set on a spacious 2.15-acre parcel. Identical 2-bedroom, 1-bath units offer comfortable living spaces, though updating is needed to unlock their full potential. Tenants will appreciate the large, shared lawn area for relaxation and recreation. With over 2 acres, there is the possibility of expansion with additional units or tenant amenities (subject to local zoning and permits). Situated on a main street leading into Manton, this property offers easy access to town and visibility for potential renters. In addition, a large 24' x 40' garage provides versatile storage options for the property owner or tenants. Ideal for housing maintenance equipment, supplies, or as additional rental storage space. Whether you’re looking to update and maximize the current units or explore the property’s development potential, this is a unique opportunity to invest in Manton’s rental market!

Basic Information

MLS ID: 1929725
City: Manton
State: MI
ZIP: 49663
Area: Wexford
Acres: 2.15
Square Feet: 3401

Additional Information

  • Basement: Location:
  • Business Included:
  • Lot:
  • Business Name:
  • Property Status: Active
  • Construction: Frame,Aluminum Siding
  • Documents: Sellers Disclosure,LBP Disclosure
  • Zoning: Commercial
  • Possession: Close Of Escrow
  • Dimensions:
  • For Sale Or Lease: Residential Income
  • Directions: North to Manton on North Mackinaw Trail, road turns into Michigan Ave. Continue into town, property will be on the left hand side. Alternative: Hwy 131 to Manton, E 17th St towards town, turn on Michigan Avenue and head north to property, on left.
  • Road Frontage:
  • Days On Market: 101
  • Roofing: Asphalt
  • Days On MLS: 101
  • Township: Manton
  • Financing:
  • Water: Public
  • Floor Type:
  • Licenses:
  • Heating: Hot Water
  • Year Built: 1969
  • Cooling: Electric

Listing courtesy of Coldwell Banker Schmidt-Cadillac, 2721 Sunnyside Drive Cadillac, MI 49601

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