259 S WYTHE STREET

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Address: 259 S Wythe St, Pentwater, MI 49449, USA
Chicago & Midwest + Apartment Buildings
Created date: August 28, 2026
Date last updated: September 18, 2026
Price: $495,000Investment Analyzer NEW!

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 1 1/2 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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $495,000
Year Built: 1890
Opportunity Zone: No
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 259 S WYTHE STREET, PENTWATER, MI 49449, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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