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Traverse City,MI 49686
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 807 sqft
Price per Sqft $619
Subdivision Hannah Lay & Co'S 5Th Add
MLS Listing ID 78080055889
Style Duplex
Originating Board Aspire North REALTORS®
Year Built 1896
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 50x165
Property Sub-Type Duplex
Property Description
Exceptional Income Opportunity in Downtown Traverse City! Located in the vibrant and growing neighborhood north of Boardman River, this versatile property features three units, two in the main building and one detached unit. Whether you're looking to convert it back into a spacious single-family home, live in one unit and rent the others, or maintain it as a turnkey investment property, the possibilities are wide open. Situated in a highly walkable area, you'll be just steps from West Grand Traverse Bay beaches, the TART Trail, Boardman River & Lake, the public library, and a host of downtown shops and restaurants. Don't miss your chance to invest in a location that’s thriving with tourism, development, and opportunity. D-2 zoning provides opportunities to develop property up to 20 units. Explore options for development with local authorities.
Location
State MI
County Grand Traverse
Area Traverse City
Zoning Residential
Interior
Hot Water Other
Heating Hot Water
Fireplace no
Heat Source Natural Gas
Exterior
Garage no
Building
Foundation Crawl
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Duplex
Level or Stories 2 Story
Schools
School District Traverse City
Others
Pets Allowed Yes
Tax ID 285163401100
Ownership Private Owned
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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