NOT LISTED FOR SALE

5098 Main St Onekama, MI 49675

-- Bed
-- Bath
-- Sq Ft
8,276 Sq Ft

Last Sold September 08, 2021

Last sale price $550,000

50 Days on Market

Highlights

  • Lake Front
  • Laundry Facilities
  • Wood Siding
  • Baseboard Heating

About This Home

As of September 2021

8-Unit Apartment Building in the Village of Onekama (on M-22), with views of PORTAGE LAKE from some units. Six apartments are 2-BR; two are 1-BR. Electric heat throughout; each unit has their own electrical box, each tenant pays their own electric bill. Garbage, snowplowing and parking are included in rent. There are two sets of stairs, one at either end, to the 2nd floor. Full basement. Ample unpaved parking in the back. One coin-operated washer and dryer on the main flr; the water heater and dryer are gas. The manager lives in a 2-BR. The building is hooked up with Spectrum cable. Two signed yrly leases; others are month-to-month. Current rental income is approx. $34,680/yr but could be converted to vacation rentals. Peaked roof was new in 2002; part is flat. Land contract available.

Last Agent to Sell the Property

Suzanne Riley

CENTURY 21 Northland License #6502331381 Listed on: 05/26/2021

Last Buyer's Agent

Lois Mitzelfeld-Janish

LIGHTHOUSE REALTY-Ludington License #6501352749

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,018

Year Built

  • Built in 1969

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 103.9 x 129.3 x 113.9 x 132.1
  • Lake Front

Property Views

  • Water Views

Home Design

  • Composition Roof
  • Rubber Roof
  • Wood Siding
  • Shingle Siding

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 10 Parking Spaces
  • Shared Driveway

Utilities

  • Baseboard Heating
  • Well
  • Phone Available
  • Cable TV Available

Community Details

  • 8 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,018

Year Built

Built in 1969

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Sub-Type: Multi Family
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1969
  • General Property Info:Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Shingle Siding, Wood Siding
  • List Price: 550000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition, Rubber
  • Water Body Name: Portage Lake
  • Waterfront Features: Lake Front
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Utilities: Cable Connected, Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 103.9 x 129.3 x 113.9 x 132.1
  • Lot Size Sq Ft: 8276.0
  • Zoning Description: Comm and Res

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Electricity

Multi Family

  • Number of Units Total: 8

Tax Info

  • Tax Annual Amount: 5018.0
  • Tax Year: 2021
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Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2021 09/08/21 Sold $550,000 0.0% --
05/26/2021 05/26/21 For Sale $550,000 -- --
Source: MichRIC

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21019180

MichRIC
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