$450,000 Price Analysis    ♡   Frankfort, MI 49635 4 bed 3 bath 2,035 SqFt ($221/SqFt) 7,405SqFt lot. Built 1960 Listed 2024-06-04, Taxes $14,888 | ✓ USDA Eligible near Frankfort, MI Restrictions may apply due to home size |
Welcome to this completely renovated triplex located in downtown Frankfort where you will find yourself blocks away from Lake Michigan.
This property boasts three distinct apartments, providing unique rental opportunities for the future owners. Whether you are looking for your own home with additional rental income, an investment property for long term rental or short-term rental this home offers it all. Renovated in 2023 this home was converted into three apartments featuring brand new appliances, neutral pa int and flooring throughout, private entrances, dishwashers, wash and dryer, air conditioning in each unit and newly paved driveway providing ample parking. The first apartment is located on the main floor and is a open two bedroom, 1 bath with a large kitchen, living and dining room area.
The second apartment is conveniently located on the main floor and known as the garden apartment and is a studio with a full size kitchen and full bathroom. The third apartment is located upstairs on the second floor and is a one bedroom with full kitchen, living room and bathroom. Each unit is thoughtfully designed and decorated with functional layouts and modern amenities, ensuring convenience and comfort for residents. With its prime location in the charming downtown of Frankfort, you and your guests can enjoy being blocks away from restaurants, quaint shops, schools, Betsie Bay, Betsie Valley Bike Trail and stunning Lak Michigan beaches. Whether you're looking for a primary residence with rental income potential or an investment opportunity, this triplex offers the perfect solution.
Presented by Kari King at
CENTURY 21 Northland.
Property MLS #1923064 from NGLRMLS
Oven/Range
Disposal
Dishwasher
Washer
Dryer
Blinds
Drapes
Heating Fuel: Natural Gas
Covered Porch
Roads: Public Maintained, Blacktop
Lot Size Dimensions: 50x150
Lot Size Square Feet: 7405
High School: Frankfort High School
Middle School: Frankfort High School
School District: Frankfort-Elberta Area Schools
Map directions Map directionsNumber of Units: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Square Feet: 797
Unit-2 Square Feet: 445
Unit-3 Square Feet: 612
County: Benzie
Directions: M-115 into Frankfort, road turns into Forest Avenue and home is located on the south (left) side of the street just past Ninth Street.
Source Property Type: Multi-Family
Insurance Expense: 208
Township: Frankfort
Zoning: Residential, Multi-Family
Property Subtype: Triplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $unknown + $unknown $263,200 | $14,888 |
$450,000
NGLRMLS
Listed 2024-05-30
$450,000
NGLRMLS
Sold 2022-08-18
$330,000
Public Record
Sold 1999-10-13
$45,000
Public Record
Year Built: 1960
Building Exterior Type: Vinyl Siding
Construction Materials: Frame
Property Age: 64
Roof: Asphalt
House Style: 2 Story
Year Remodeled: 2023
Sewer: Municipal
Television: Cable Internet, Cable TV
Water Source: Municipal
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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.