$569000 Price Analysis    ♡   Charlevoix, MI 49720 Unknown bed None bath 2490 SqFt ($228/SqFt) 1.33 acre lot. Built 1947 Listed 2024-07-12 | ✓ USDA Eligible near Boulder Park, MI Restrictions may apply due to home size |
Income producing 7 unit multi-family development on over an acre of commercially zoned property
Well located near the Charlevoix Airport and convenient shopping options. Most of the 1 bedroom 1 bath units have been remodeled over the last few years. The 1 acre parcel with 200' of US 31 frontage, offers a wide variety f different opportunities for income (see Charlevoix Township Zoning permitted uses). To enhance the existing rental business, add an onsite laundry, carports or more units!
Might even be able to be c onverted to vacation rentals. As an added bonus, there's one campsite with full hook-ups that has been consistently rented for many summers.
Presented by Brett Binkley at
EXP Realty.
Property MLS #474331 from NorthernMI
Lot Size Dimensions: 200 x 240
Lot Size Square Feet: 57935
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit 1 Total Actual Rent: 950
Unit 2 Total Actual Rent: 1000
Unit 3 Total Actual Rent: 950
Unit 4 Total Actual Rent: 950
Map directions Map directions Map directionsRange
Refrigerator
Source Listing Status: Active
County: Charlevoix
Source Property Type: Multifamily
Property Subtype: Apartments
Source System Name: C2C
$569000
NorthernMI
Year Built: 1947
Property Age: 77
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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.