$610,000
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706 Forest AVE Frankfort, MI 49635
1,559 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 1,559 sqft
Price per Sqft $384
MLS Listing ID 67026009446
Sold Date 05/28/26
Year Built 1920
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type MultiFamily
Property Description
Renovated duplex in a prime downtown Frankfort location just blocks from Lake Michigan, Betsie Bay, shopping, dining, and the attractions that make this area a strong draw for both year-round residents and visitors. With two separate 2-bedroom, 1-bath apartments, this property offers excellent flexibility for long-term rental income, short-term rental potential, or owner occupancy with added revenue from the second unit. Both units offer updated interiors with neutral finishes, new appliances, dishwashers, washers and dryers, air conditioning, and private entrances. The main floor unit includes a spacious kitchen, living area, and dining space, while the upper unit offers a full kitchen, dining space and comfortable living room. Functional layouts and modern updates help support rental appeal and ease of ownership. A turn-key option exists, making ownership easy!Strong rental history is available, making this a compelling opportunity for investors seeking an income-producing property in one of Northern Michigan's most desirable lake-town markets. (Seller currently has two STR permits with the City of Frankfort -https://www.frankfortmich.com/how_do_i/learn_about/short_term_rentals.php for details or contact the City of Frankfort 231-352-7117)
Location
State MI
County Benzie
Area Area93042Frankfort
Rooms
Basement Partial
Interior
Heating Baseboard, Electric, Hot Water, Natural Gas
Cooling Window Unit(s)
Fireplace No
Laundry InUnit
Exterior
Parking Features Gravel
Community Features Sidewalks
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Roof Type Composition
Building
Lot Description Level
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
School District Frankfort Elberta
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with REO-TCBeulah-Frankfort-233027
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