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4505 Rosemarie Street, Wellston, MI 49689

$450,000
Commercial Property MLS# 1825735 ID: 42344332
$450,000 Get Rates

Industrial, Other Style - 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

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

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Property Features for 4505 Rosemarie Street
Status
Market Status
Available
Last Updated
August 21, 2017
Description
Property Type
Commercial Property
Year Built
1990
Approx. Lot Size
15 Acres
Sq. Feet
19,200

Building Features

  • Heating System: Forced Air
  • Roof: Metal
  • Heating Fuel: Natural Gas

Exterior Features

  • Exterior Construction: Vinyl Siding
  • Parking: 30 spaces

Listing Features

  • Property Type: Commercial; Industrial
  • Bruce Beger
  • Coldwell Banker Schmidt, Realtors

Data Provided by:
Coldwell Banker

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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: Property Type, Exterior Construction, Heating Fuel, Parking. This 4505 Rosemarie Street Commercial Property, located in Manistee County , is listed under MLS listing number 1825735 and has a listing price of $450,000. You can find more WELLSTON homes for sale here.