Back arrow
Real Estate Brokerage

Menu
default user icon
Saved Homes Saved Searches My Properties My Profile Sign Out
855.375.4001
Listing Courtesy of: Robert Kean - Coldwell Banker Professionals 586-727-2741
$265,000 affordable loan icon Calculate Payment

1296 Main Melvin, MI 48454

Down payment assistance icon
Multi-Family Residence
Beds
3 Baths
... Bed/Bath
1,885 Sq. Ft.
save icon Save save icon Save share icon Share checkmark icon Get Pre-Approved

Property Activity

Time on Site
days
Days on Market
Views
Saves
Last updated on 12/3/2024 12:36 PM

Listing Details

This unique property is in the heart of Melvin. Own your own post office building with newly negotiated lease. The lower front unit, which currently is leased to the US Post office for $581, will increase to $849.75 on Oct 1 with a five year lease. USPS has been a tenant since 1930....94 years of ...continuous service! In addition, There are two residential apartments, an upper leased at $625 and lower unit at $700. Both are leased below current market rates due to long term tenants. Apartments are on a month to month contract. Both apartments are 2 bedroom and in well maintained condition. There is a common area that has washer-dryer. Attached garage stores the lawn implements that go with sale. There is a nice storage shed in the spacious back yard that overlooks farm fields. The current owner has put in over 40k in improvements since purchase. Just in the last three years including: New roof for back apartment and Garage, Upgraded/Modernized Main Electric Panel, Installed new Well pump and piping, Installed new double windows in lower apartment unit, New Refrigerator in upstairs apartment, Tuck Pointing - Re-Grouting brickwork of Post Office exterior, Installed New 50 gal Water Heater, New toilet & new commercial grade flooring for Post Office, Installed new 30 foot Commercial Flag Pole, Installed new Modern "Closed System" Gas Boiler unit. See photo gallery for list of improvements. This building has been well maintained and is one of the original buildings in town. It is located across from the Melvin "hogtown" Tavern. Great opportunity for the investor in a small town community. Continue reading
Source MLS
MiRealSource
Originating MLS
MiRealSource
MLS#
50149159
Property Type
Multi-Family
Bathrooms
2 Full/1 Half
Year Built
1900
Square Feet
1,885 sq. ft
Lot Size
0.55
Stories
2.0
Sewer
Septic
See more listing details   See less listing details  

Receive an email as soon as the price changes

Receive an email

as soon as the price changes
Get Price Alerts
price alerts icon

Get Price Alerts

Don't miss your chance. Receive an email as soon as the price changes.

Notify Me

Get email alerts when
a home price changes

Sign up
view of kitchen

My Drive Time

Enter your work address to view actual drive times with traffic for this property.

Calculate & Save
 

Calculating ...
Here is the weekday INRIX Drive Time from this property to . Change Address

Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

View More   View Less  
Source: Walk Score®

Mortgage Calculator

scales icon

How much home can I afford?

Kickstart your home search journey with our online Pre-Approval.

Get Started
megaphone icon

See How Much You Could Save

Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.

Let's Talk
Listing Courtesy of: Robert Kean - Coldwell Banker Professionals 586-727-2741
Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
This content last refreshed on 12/3/2024 12:36 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
Xome Real Estate and Auction Licensing © Xome Inc.; Xome Realty Services LLC. All rights reserved. Xome Inc./Xome CT LLC (Davis E. Owen, Sr.- Broker)(CT properties only)/Xome PR LLC (PR properties only)/ Xome OH LLC (OH properties only), 750 Highway 121 BYP, Suite 100, Lewisville, TX 75067. Use of this Website constitutes acceptance of the Terms of Use and Privacy Policy. By searching you agree to the end user license agreement (TOU).
© Nationstar Mortgage LLC d/b/a Mr. Cooper. Mr. Cooper is a registered service mark of Nationstar Mortgage LLC. NMLS: #2119 NMLS Consumer Access (www.nmlsconsumeraccess.org). Mr. Cooper licensing information (www.mrcooper.com/legal). This site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in the state of New York will be accepted through this site.
save icon Save
save icon Save
share icon Share
checkmark icon Get Pre-Approved