259 S Wythe Street, Pentwater, MI 49449

$495,000

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List Price
$495,000
Days on Market
3
MLS#
26045543
Status
ACTIVE
Type
Multifamily

Property Description

Investment Opportunity: This rare multi-unit property, located near the heart of downtown Village of Pentwater, is available for the first time since 1986. Originally constructed in the 1890s, the residence is situated on a spacious lot and includes a two-stall garage. It offers a unique blend of space, versatility, and an excellent downtown location al within a short walking distance to the beach & Village. The main living level 1st unit features 3 bedrooms and 1½ baths, a kitchen with dining area, and a comfortable family room. The 2nd unit upper level offers separate living quarters with an additional 3 bedrooms and 1 full bath, its own kitchen, separate dining area, and living room. Cash flows $800/month for a long term rental. With six total bedrooms, two distinct living spaces, a generous lot, and two-stall garage, and extra storage shed, this property offers incredible flexibility for multi-generational living, a primary residence with additional income potential, or an investment opportunity in one of West Michigan's most sought-after lakeshore communities. Enjoy the best of the Pentwater lifestyle with downtown shops and dining nearby, along with convenient access to Lake Michigan, Pentwater Lake, and the marina. Move-in ready and available for the first time in nearly 40 years, this is a special opportunity to own a piece of historic downtown Pentwater.

Additional Information

Owner Pays
Electricity, Gas, Water
Taxes
$3,431
Acres
0.23
Basement
Michigan Basement
Heating
Wall Furnace, Ductless
Roofing
Composition
School District
Pentwater
Sewer
Public Sewer
Tenant Pays
None
Total Parking Spaces
4
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Robert A Antonini from Listing Office: Coldwell Banker Schmidt Realtors.

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