Real Estate For Sale in...

4505 Rosemarie Street, Wellston, MI 49689

3 BR , 2 full BA Commercial Property MLS# 1825735 ID: 42303894
$450,000 Get Rates

Commercial - Wellston, MI
Exceptional rental income opportunity. A 15 unit subdivision consisting of all 16x80' mobile homes ranging in age from 1993 to 2002 sitting on individual 1 acre lots and all with their own private well, septic, storage shed and driveway. Each unit has it's own insulated 'roof over' system, insulated skirting sitting on top of a concrete slab plus the Owner has a strict maintenance and inspection regiment that keeps everything totally up to date. The development has a paved, County maintained roadway and is located walking distance to the Sand Lake Recreation area, less than one mile to the popular Dublin Store and about a 25 minute drive to Manistee and Lake Michigan to the West and about a 1/2 hour drive to Cadillac to the east. It's not unusual to have full occupancy with rental per unit between $600. and $650. per month. The whole operation is overseen by a part-time caretaker/manager allowing the (potential) owner to pursue other interests. Land contract terms will be considered for Buyers with a minimum of 50% down, short term (balloon possible), other contract terms are negotiable.

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Location Information near 4505 Rosemarie Street
Offered by Bruce Beger at Coldwell Banker Schmidt REALTORS - Cadillac

Would you like more information regarding this property?
Please call (231) 775-1737.

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Property Features for 4505 Rosemarie Street
Market Status
Last Updated
August 21, 2017
Property Type
Commercial Property
Year Built
3 BR
2 full BA
Approx. Lot Size
15 Acres
Sq. Feet

Listing Features

  • Property Type: Commercial; Commercial

Room Details

  • Additional Areas: Bedroom; Bedroom; Bedroom; Full Bath; Full Bath
  • Bruce Beger
  • Coldwell Banker Schmidt REALTORS - Cadillac

Data Provided by:
Coldwell Banker Schmidt REALTORS

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More information about this $450,000 Commercial Property at 4505 Rosemarie Street

This $450,000 Commercial Property at 4505 Rosemarie Street in Wellston, MI is presented by Bruce Beger. This $450,000 Commercial Property, located in the 49689 zip code, has the following property features: Additional Areas, Property Type. This 4505 Rosemarie Street Commercial Property, located in Manistee County , is listed under MLS listing number 1825735, has 3 beds, 2 baths, and has a listing price of $450,000. You can find more WELLSTON homes for sale here.