MI > Manistee
Manistee, MI 49660,101 Sibben ST
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Manistee, MI 49660,101 Sibben ST
Manistee, MI 49660,101 Sibben ST
Manistee, MI 49660,101 Sibben ST
Manistee, MI 49660,101 Sibben ST

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Realtyflo Inc

Realtyflo Inc

+1(313) 466-7253
$ 309,000
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101 Sibben ST Manistee, MI 49660

0.25 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 67025060461

Year Built 1880

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type MultiFamily

Property Description

Historic Multi-Unit Property Overlooking Manistee Lake. Discover an exceptional investment opportunity in this historic building ideally positioned with stunning views of Manistee Lake & just a short walk to vibrant downtown Manistee. With the potential for four income-producing apartments, this property offers immediate revenue, future growth, & a highly desirable location.Apartment A-Lower-level walkout space ready for development--create a new rental unit, owner's suite, or additional Airbnb potential. Apartment B-Currently operating as a successful turn-key Airbnb, fully furnished & ready to continue generating short-term rental income from day one. Apartments C & D-Both units have wonderful long-term renters in place, providing stable, consistent income.Additional features include assigned off-street parking, charming historic character throughout, & unbeatable proximity to Lake Michigan beaches, local shops, restaurants, & Manistee Riverwalk.Whether you're looking to expand your rental portfolio or create a mixed-use income strategy, this unique property delivers flexibility, charm, and strong potential.
Owners pay water, Sewer & refuse. Apt B-AirBnB has a new furnace. Apt C wall furnace, is on a Month -Month lease at $800/month, includes Utilities , Apt D- has a lease @ $800/Month & pays Electric & Gas. All units have separate meters for Electric & Gas so can easily be adjusted.
Updates to building are:-
-Exterior paint, (with trim and porches)
- Exterior repairs
- Exterior porch dusk-to-dawn lighting + motion detecting light for back apartments' foyer
- New furnace spring of '25
- Multiple new window packages throughout
- Landscaping
- Interior designing / furnishings for apt B
Financials on AirbnB available on request. Also leases.

Location

State MI

County Manistee

Area Area51092Manistee

Rooms

Basement Full

Interior

Heating ForcedAir, NaturalGas

Cooling WindowUnits

Fireplace No

Exterior

Parking Features Paved

Community Features Sidewalks

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerConnected

Waterfront Description LakeFront, PublicLake

View Y/N Yes

View Water

Roof Type Composition

Building

Lot Description CornerLot, Level

Sewer PublicSewer, SewerAtStreet, StormDrain

Water Public

New Construction No

Schools

High Schools Manistee

School District Manistee

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Virginia M Pelton of CENTURY 21 Northland
Realtyflo Inc

Realtyflo Inc

Brokerage | License ID: 6505386963

+1(313) 466-7253

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