$681,000
$699,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
624 Third Traverse City, MI 49684
4 Beds
2 Baths
1,778 SqFt
Key Details
Sold Price $681,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,778 sqft
Price per Sqft $383
Subdivision Hannah Lay & Co 10Th Add
MLS Listing ID 78080010856
Style Duplex
Bedrooms 4
Full Baths 2
Year Built 1886
Annual Tax Amount $12,614
Lot Size 8,276 Sqft
Property Description
Great cash flowing investment opportunity! In the heart of downtown Traverse City this duplex has an upper and lower unit. Both units have 2 bedroom and 1 full bathroom. There is shared laundry accessible from outside for both units to use. There is a party wall available for both units to open to be one large house. Currently listed on all short term rental sites for three listings, upper, lower and entire house. Commercial C-1 zoned property with active and current short term rental licenses for both units. Listing includes all furniture and fixtures, turn key! Fully remodeled in winter 21/22. Owner is a licensed real estate agent and also the property manager.
Location
State MI
County Grand Traverse
Area Traverse City
Rooms
Kitchen Dishwasher, Dryer, Freezer, Microwave, Oven, Range/Stove, Refrigerator, Washer
Interior
Heating Forced Air
Cooling Central Air
Building
Foundation Basement, Michigan Basement
Sewer Shared Septic (Common)
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Traverse City
Others
Acceptable Financing Cash, Conventional, Trade/Exchange
Listing Terms Cash, Conventional, Trade/Exchange
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Bought with Five Star Real Estate - Front St TC