There are a total of 5 units: #1 $1100, #2 $530 (grossly under market rent), #3 $450, #4 $650, #5 $600. FIVE unit apartment building near downtown Manistee in excellent condition generating $3330 in monthly income. Tenants pay for the electric and natural gas and landlord pays water and sewer (can be separated). All units are currently rented with exception of Unit 1 (currently looking for a tenant) with updated kitchens and bathrooms and ceramic tile floors. There is plenty of off street parking behind the building and accessed by an alley. One of the sellers is a licensed real estate broker in the state of Michigan.
Sold for $250,000
$250,000
122 Hancock St, Manistee, MI 49660
7beds
5baths
3,000sqft
Multi Family
Built in 1900
-- sqft lot
$312,100 Zestimate®
$83/sqft
$1,440 Estimated rent
Home value
$312,100
$284,000 - $346,000
$1,440/mo
Zestimate® history
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Ceramic tile floorsUpdated kitchens
Zillow last checked:
Listing updated:
Listed by:
Jennifer Sterling Home:231-633-7280,
Sterling Realty Alpha 231-633-7280
Bought with:
Non Member Office
NON-MLS MEMBER OFFICE
Source: NGLRMLS,MLS#: 1918122
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Forced Air, Baseboard, Natural Gas
Cooling
- Electric
Appliances
- Included: Refrigerator, Oven/Range, Freezer
Features
- Entrance Foyer, Cable TV, High Speed Internet
- Basement: Full
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Exterior features: Sidewalk
- Waterfront features: None
Lot
- Size: 6,969 sqft
- Dimensions: 60 x 125
Details
- Additional structures: None
- Parcel number: 515155470113
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Apartment
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: None
Location
- Region: Manistee
- Subdivision: non
HOA & financial
Other financial information
- Total actual rent: 3330
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Price range: $250K - $250K
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
Price history
| Date | Event | Price |
|---|---|---|
| 2/15/2024 | Sold | $250,000-12%$83/sqft |
Source:  NGLRMLS #1918122 Report a problem | ||
| 1/23/2024 | Price change | $284,000-1.7%$95/sqft |
Source: NGLRMLS #1918122 Report a problem | ||
| 1/7/2024 | Price change | $289,000-3.3%$96/sqft |
Source: NGLRMLS #1918122 Report a problem | ||
| 12/12/2023 | Listed for sale | $299,000+24.6%$100/sqft |
Source: NGLRMLS #1918122 Report a problem | ||
| 3/17/2022 | Sold | $240,000-4%$80/sqft |
Source:  MichRIC #21105351 Report a problem | ||
| 2/3/2022 | Pending sale | $250,000$83/sqft |
Source:  RE/MAX of Michigan #21105351 Report a problem | ||
| 2/3/2022 | Contingent | $250,000$83/sqft |
Source: MichRIC #21105351 Report a problem | ||
| 9/11/2021 | Listed for sale | $250,000+159.1%$83/sqft |
Source: MichRIC #21105351 Report a problem | ||
| 3/18/2019 | Sold | $96,500-1.5%$32/sqft |
Source: Agent Provided Report a problem | ||
| 1/31/2019 | Pending sale | $98,000$33/sqft |
Source: REAL ESTATE ONE-BEULAH #1856817 Report a problem | ||
| 1/31/2019 | Listed for sale | $98,000$33/sqft |
Source: REAL ESTATE ONE-BEULAH #1856817 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,909 -8.6% | $111,700 +12.3% |
| 2024 | $5,374 | $99,500 +14% |
| 2023 | -- | $87,300 +32.7% |
| 2022 | -- | $65,800 +29.5% |
| 2021 | -- | $50,800 +9.2% |
| 2020 | -- | $46,500 +1.8% |
| 2019 | -- | $45,700 +3.6% |
| 2018 | -- | $44,100 -15.7% |
| 2017 | -- | $52,300 +12.5% |
| 2016 | -- | $46,500 -3.7% |
| 2015 | -- | $48,300 +5.5% |
| 2014 | -- | $45,800 -6% |
| 2013 | -- | $48,700 -10% |
| 2012 | -- | $54,100 -6.4% |
| 2011 | -- | $57,800 -12.8% |
| 2010 | -- | $66,300 |
Find assessor info on the county website
Neighborhood: 49660
Nearby schools
GreatSchools rating
- 5/10John F. Kennedy Elementary SchoolGrades: 3-5Distance: 1.9 mi
- 7/10Manistee High SchoolGrades: 6-12Distance: 1.1 mi
Schools provided by the listing agent
- District: Manistee Area Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Michigan
- Manistee County
- Manistee
- 49660
- 122 Hancock St
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