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1296 Main, Melvin, MI 48454

Local realty services provided by:CENTURY 21 Northland
1296 Main,Melvin, MI 48454
$251,900
  • 4 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: robert kean
Office: coldwell banker professionals
MLS#:50149159
Source:MI_REALSOURCE

Price summary

  • Price:$251,900

About this home

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

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Home facts

  • Year built:1900
  • Listing ID #:50149159
  • Added:521 day(s) ago
  • Updated:December 17, 2025 at 01:10 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1

Heating and cooling

  • Heating:Baseboard, Boiler

Structure and exterior

  • Year built:1900
  • Lot area:0.55 Acres

Utilities

  • Water:Private Well
  • Sewer:Septic

Finances and disclosures

  • Price:$251,900
  • Tax amount:$3,002

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