Bought with MetroMLS NON
$270,000
$245,000
10.2%For more information regarding the value of a property, please contact us for a free consultation.
511 1st STREET MI 49858
4,500 SqFt
Key Details
Sold Price $270,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $60
Municipality MENOMINEE
MLS Listing ID 1954889
Sold Date 06/05/26
Year Built 1890
Annual Tax Amount $5,324
Tax Year 2025
Lot Size 2,613 Sqft
Acres 0.06
Property Description
Incredible opportunity is located in the beautiful downtown historic district. So much potential, 4 rental units, 3 stories, generating income of $2190 per month. All tenants on a mo to mo basis. EXCELLENT rental history!! 1st floor is currently Retail Commercial property & boasts 2200+sq', Ideal location for any retail business or many other options. 3 Residential Rentals, 2 on the 2nd floor & 1 on the 3rd floor. Front unit overlooks the Bay of Green Bay, is 2 BR w/1136sq', Back unit is a 1 BR w/700sq', 3rd floor is 1 BR w/795sq', designated tenant parking, coin op laundry w/50/50 split with leasing co. Retail Business is also available for $30K & includes fixtures, equip, inventory, estab. client base. Established business 20+ yrs. Total Package $275,000Call Today!
Location
State MI
County Menominee
Zoning Local Shopping
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Central Air
Equipment Seller Leased: Washer
Exterior
Exterior Feature Brick/Stone, Brick, Other, Stone
Building
Story 3 - 4
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Menominee Area
Others
Special Listing Condition Arms Length
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