918 W Front Street 1-5, 7,8 Active Save Request In-Person Tour Request Virtual Tour
Traverse City,MI 49684
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 550 sqft
Price per Sqft $2,954
Subdivision Slabtown Flats
MLS Listing ID 78080062186
Style Apartment
Year Built 2017
Lot Size 7,840 Sqft
Property Sub-Type Apartment
Property Description
Exceptional opportunity to own 7 fully rented condo units in an unbeatable location just minutes from downtown Traverse City! Situated close to West Bay, Munson Medical Center, shopping, dining, and year-round recreation, these condos offer convenience, comfort, and consistent rental income. Each unit is currently leased and professionally managed, making this a turnkey investment with immediate cash flow. Whether you're looking to expand your real estate portfolio or enter the market with a solid income-producing asset, this package delivers. Property Highlights: †¢ 7 fully leased condos â€" strong rental history †¢ Desirable location near downtown, West Bay, hospital, and amenities. †¢ On-site parking and private storage for most units †¢ Professionally managed â€" hassle-free ownership †¢ Excellent long-term investment potential †¢ Flexible exit strategy: hold for cash flow, sell individually, or owner-occupy in the future. Opportunities like this are rare in Traverse City’s thriving real estate market.
Location
State MI
County Grand Traverse
Area Traverse City
Zoning Multi-Family,Residential
Interior
Heating Wall Furnace,Zoned
Cooling Ceiling Fan(s),Wall Unit(s)
Building
Foundation Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Stone
Schools
School District Traverse City
Others
Acceptable Financing Cash,Contract,Trade/Exchange
Listing Terms Cash,Contract,Trade/Exchange