1 month on rocket

260 1st St, Manistee, MI, 49660

$177,000

Home List Price

$2,102*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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260 1st St, Manistee$177,000

Buyer Closing Credits

$2,102*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1930
HeatingNatural Gas, Forced Air, Floor Furnace
BasementYes
MLS #67024013056
Lot Size0.10 Acres
StatusActive

About 260 1st St

Real Estate Investment Opportunity! This Duplex is located in downtown Manistee. The property has decades of successful rental history. 2 bedrooms in each unit with a combine monthly gross rental income of $1,550 (under-utilized). All utilities are separated and paid for by tenants. Well maintained exterior. Both units are currently occupied and under professional management locally. Current certificates of compliance with City rental program. Any questions please don't hesitate to reach out. Owner is a State Licensed Real Estate Broker.

Property Details

Property Features

Property Information:

  • Year Built: 1930

Listing Office:

  • Office Name: Essential Real Estate
  • Office Phone: (231) 299-1180
  • Listing Agent: Therran Ferguson

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Laundry Facility

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Floor Furnace

School Info

Assigned Schools Information:

  • John F. Kennedy Elementary School, Public District Grades 4-6

Other

Directions Information:

  • Directions: US-31 to 1st Street East to property located on the Northside of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $177,000
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Housing Market Comparison

See how this home compares to others in Manistee, MI.

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Manistee, MI

City

Med. Sold Price

$229.3K

Med. Price/SqFt

$153

Avg. Days On Market

134

# of Sold Homes

6

260 1st St vs Manistee

41 DAYS ON ROCKET

-93 Days

$177,000

-$52.3K Less

KEY TAKEAWAY

This property is $52.3K less than the Median Sold Price in Manistee, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Mason Oceana Manistee Board of REALTORS®
  • MLS Number: #67024013056

Listing Office:

  • Office Name: Essential Real Estate
  • Office Phone: (231) 299-1180
  • Listing Agent: Therran Ferguson

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 9:25:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $37,100
2020 - $33,100
2019 - $30,700
2018 - $25,200
2017 - $28,200

History based on county public records data.

Payment Calculator

$951

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$597

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-3014733
4
/10

  • John F. Kennedy Elementary School

  • 550 Maple St

  • 0.63 miles

  • Public District Grades 4-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,021. Typical income of Manistee, MI residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Manistee County›Manistee›49660›260 1st St

This home is located at 260 1st St in Manistee, MI and zip code 49660. This home, which was built in 1930, sits on a 0.10 acre lot. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $177,000.

While more than 0 listings in Manistee, MI in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 3 were sold below. In March 2024 in Manistee, MI there were 3.6% more homes for sale than in February 2024. While the average time on the market in March 2024 was 134 days, the median list price was $229,350.

From Rocket Homes Real Estate and based on county public records data.

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