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$ 3,215,000
Est. payment | /mo
3.9 Acres Lot
$ 3,215,000
Est. payment | /mo
3.9 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 80055267
Style 1 Story
Year Built 1891
Lot Size 3.900 Acres
Acres 3.9
Lot Dimensions irregular
Property Sub-Type Multi-Family
Property Description
Seize this rare chance to own a package of eight income-generating properties in the heart of Traverse City, Michigan! This exclusive portfolio includes: • Newer duplex • Tri-plex (single-family home + duplex on one lot) • Six single-family homes All properties are currently rented, providing immediate cash flow for the savvy investor. Located primarily in downtown Traverse City, these properties offer high rental demand and strong appreciation potential in one of Michigan’s most sought-after markets.----- Why Invest in Traverse City? Traverse City is known for its booming tourism industry, strong local economy, and vibrant downtown scene. With its stunning waterfront, top-rated restaurants, and year-round attractions, the city continues to draw new residents and visitors—fueling demand for quality rental properties. This is a turnkey investment opportunity ideal for someone looking to expand their portfolio in Northern Michigan’s real estate gem. Don’t miss out on this exceptional chance to secure a diverse mix of rental properties in a high-growth market. --- Note: Being sold as one package
Location
State MI
County Grand Traverse
Area Traverse City (28021)
Zoning Other,Residential
Rooms
Basement Full, MI Basement, Partial
Interior
Heating Forced Air
Appliance Dishwasher, Range/Oven, Refrigerator
Exterior
Exterior Feature Other, Wood
Parking Features Attached Garage, Detached Garage
Building
Story 1 Story
Foundation Basement
Water Public Water
Structure Type Other,Wood
Schools
School District Traverse City Area Public Schools
Others
Energy Description Natural Gas,Other
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Berkshire Hathaway Homeservices - TC