$1,200,000 For Sale

4642 Main Street
Onekama, MI 49675

3 units | Multi Family Home
8965 sq ft lot - MLS# 25057997
Property Photo
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Description

Rare investment opportunity on Portage Lake along scenic M-22! This recently renovated property features three separate units, ideal for long-term or short-term rental income, or live in one and use the cottage for a guest house! New flooring, appliances and everything else! A dock and storage shed are included. Enjoy easy access to Lake Michigan, Arcadia Bluffs, the Glenwood, and all the charm of Onekama and M-22. Park next door and another down the street with public boat launch. Near Onekama Marina. West-facing windows frame spectacular Portage Lake sunsets, making this a truly unique and beautiful offering. Sale includes both parcels: 41-300-034-00 and 41-450-026-00.

Features

  • Property Type: Multi Family Home
  • Sub Type: 2 to 4 Units
  • Listing Status: Active
  • County/Area: Manistee County
  • Zip Code: 49675
  • Year Built: 1940
  • School District: Onekama
  • Units: 3 units
  • Basement: Full, Walk-Out Access, Yes, Yes
  • # of Parking Spaces: 4
  • Lot Size: 8965 sq ft lot
  • Waterfront: Lake Front
  • Association: Yes
  • Association Amenities: Laundry
  • Construction Materials: Stone
  • Cooling: Mini-Split
  • Cross Street: First Ave
  • Heat Source: Natural Gas
  • Heat Type: Baseboard, Hot Water
  • Heating: Baseboard, Hot Water
  • Laundry Features: Main Level
  • Lot Description: Corner Lot
  • Lot Features: Corner Lot
  • Lot Size Area: 0.21
  • Lot Size Square Feet: 8965
  • Lot Size Units: Acres
  • MLS Area Major: MasonOceanaManistee - O
  • MLS Area Minor: MasonOceanaManistee - O
  • Main Type: Multi Family
  • Number Of Buildings: 2
  • Number Of Diff Unit Floor Plans: 3
  • Owner Pays: Electricity, Gas, Sewer, Trash Collection
  • Parcel Number: 41-450-026-00
  • Possession: Negotiable, Subject To Tenant Rights
  • Road Frontage: 96
  • Road Surface Type: Paved
  • Roof: Other, Rubber
  • SEV: 163100
  • Sewer: Public Sewer, Septic Tank
  • Statewide Lakes Rivers: Portage Lake
  • Street Type: Paved, Public
  • Tax Annual Amount: 7613
  • Tax Legal Description: VILLAGE OF ONEKAMA WEST ADDITION LOTS 1 + 2 BLOCK 2. SALE(90) 4536 0961 (94) 500 2604 0401
  • Tax Year: 2025
  • Terms Available: Cash, Conventional, VA Loan
  • Total Approx Sq Ft All Bldgs: 3500
  • Township: Onekama Vlg
  • Util Availat Street: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Utilities: Cable Connected, Natural Gas Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Water Access: Yes
  • Water Body Name: Portage Lake
  • Water Frontage 3: 57
  • Water Source: Well
  • Zoning Description: Com/Res
Courtesy of Corinn Fink, Five Star Real Estate (Onekama)
Source: Michigan Regional Information Center (MichRIC)
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