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$469,900   Price Analysis
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317 N Lake St Parcel 2
East Jordan, MI 49727
Unknown bed None bath 2,310 SqFt ($203/SqFt)
Built 2000
Listed 2024-01-23, Taxes $4,378
USDA Eligible
near Advance, MI
 Restrictions may apply
due to home size

Rare Investment Opportunity Across From Lake Charlevoix!

Presenting two meticulously maintained, low-maintenance condos in an area poised for exponential growth. These properties offer more than a picturesque view of Lake Charlevoixthey promise a strategic investment in the up and coming town of East Jordan. Key Features for both condo units: 2 bedrooms, 3 full baths, Fully furnished with appliances included. Open concept kitchen/living/dining areas. Lower patios for entertaining, upper patios for relaxation. Ample parking for residents and guests. 3 Additional Land Parcels Included: The offering extends beyond the units to include three additional parcels of land with the opportunity to construct additional condo units. Imagine the potential to own a total of five rental properties strategically positioned across from Lake Charlevoix. This is not a property purchase; it's an investment in a diversified real estate portfolio. Strategic Location: Northern Michigan, renowned for its year-round recreatonal offerings, provides an attractive destination for residents and tourists alike. Lake Charlevoix has continuously been voted as one of the top lakes in Michigan. With its crystal-clear water and stunning natural scenery, the lake is a paradise for boaters, anglers and water sports enthusiasts. Visitors can rent boats , jet skis and paddleboards from the many marinas around the lake or bring their own. Highlights: Low association dues!

Great price point for entry into a burgeoning market! Excellent rental potential with current and future units! Ideal for both short-term and long-term investment strategies!


Presented by Jennifer Burr Group at
Coldwell Banker Schmidt - Boyne City.
Listing Agent Photo

Property MLS #472971 from NorthernMI

Heating Features: Natural Gas, Forced Air

Neither

Number of Units: 2
Unit-2 Square Feet: 1155
Unit-3 Square Feet: 1155

School District: East Jordan

East Jordan Elementary School is a public elementary school located approximately 1.1 miles away.
directions icon Map directions

East Jordan High School is a public middle and high school located approximately 1.3 miles away.
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Ebenezer Christian School is a private elementary and middle school located approximately 5 miles away.
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Built In Microwave
Cable
Ceiling Fans
Central Air
Deck
Dishwasher
Dryer
Garbage Disposal
Patio
Paved Drive
Range
Refrigerator
Sprinkler System
Washer
Paved Road
Source Listing Status: Active
County: Charlevoix
Source Property Type: Multifamily
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$72,200
$4,378
2021$unknown + $unknown
$72,600
$4,222
2020$unknown + $unknown
$84,100
$4,672
2019$unknown + $unknown
$61,400
$3,599
2018$unknown + $unknown
$66,900
$3,845
2017$unknown + $unknown
$67,400
$3,676
2016$unknown + $unknown
$66,400
$3,650
2015$unknown + $unknown
$66,000
$3,647
2014$unknown + $unknown
$65,900
$3,589
2013$unknown + $unknown
$64,800
$3,489
2012$unknown + $unknown
$68,800
$3,406
2011$unknown + $unknown
$55,100
$2,580
2010$unknown + $unknown
$55,100
$2,558
2009$unknown + $unknown
$64,200
$1,772

Listing removed 2024-06-01
$0
NorthernMI
Price Changed 2024-04-12
$469,900
NorthernMI
Price Changed 2024-04-12
$224,900
NorthernMI
Relisted 2024-03-25
$259,900
NorthernMI
Listing removed 2024-03-24
$0
NorthernMI
Price Changed 2024-03-07
$259,900
NorthernMI
Listed 2024-01-23
$500,000
NorthernMI
Listed 2023-10-26
$275,000
NorthernMI
Listing removed 2020-06-18
$0
NorthernMI
Price Changed 2020-05-12
$139,500
NorthernMI
Listed 2020-01-17
$149,000
NorthernMI
Listing removed 2020-01-15
$0
NorthernMI
Price Changed 2019-11-25
$149,000
NorthernMI
Price Changed 2019-10-15
$159,000
NorthernMI
Price Changed 2019-08-06
$184,900
NorthernMI
Listed 2019-07-01
$199,500
NorthernMI
Sold 1998-02-26
$145,000
Public Record

Total Square Feet Living: 2310
Year Built: 2000
Property Age: 24

Sewer: City
Water Source: City
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.