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$ 435,000
Est. payment /mo
Active
526 E Eighth ST Traverse City, MI 49686
807 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 807 sqft
Price per Sqft $539
Subdivision Hannah Lay & Co'S 5Th Add
MLS Listing ID 78080055889
Style Duplex
Year Built 1896
Property Sub-Type MultiFamily
Property Description
Exceptional Income Opportunity in Downtown Traverse City! Located in the vibrant and growing neighborhood north of Boardman River, this versatile property features three units, two in the main building and one detached unit. Whether you're looking to convert it back into a spacious single-family home, live in one unit and rent the others, or maintain it as a turnkey investment property, the possibilities are wide open. Situated in a highly walkable area, you'll be just steps from West Grand Traverse Bay beaches, the TART Trail, Boardman River & Lake, the public library, and a host of downtown shops and restaurants. Don't miss your chance to invest in a location that’s thriving with tourism, development, and opportunity. D-2 zoning provides opportunities to develop property up to 20 units. Explore options for development with local authorities.
Location
State MI
County Grandtraverse
Area Area28042Traversecity
Interior
Heating HotWater, NaturalGas
Exterior
View Y/N No
Building
Foundation CrawlSpace
Sewer PublicSewer
Water Public
New Construction No
Schools
School District Traversecity
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Listed by Nick Rogers of Wentworth Real Estate Group
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