829 E Eighth
Traverse City, MI 49686
3.90 acres | #78080055267
Description
Seize this rare chance to own a package of eight income-generating properties in the heart of Traverse City, Michigan! This exclusive portfolio includes: †¢ Newer duplex †¢ Tri-plex (single-family home + duplex on one lot) †¢ Six single-family homes All properties are currently rented, providing immediate cash flow for the savvy investor. Located primarily in downtown Traverse City, these properties offer high rental demand and strong appreciation potential in one of Michigan’s most sought-after markets.----- Why Invest in Traverse City? Traverse City is known for its booming tourism industry, strong local economy, and vibrant downtown scene. With its stunning waterfront, top-rated restaurants, and year-round attractions, the city continues to draw new residents and visitorsâ€"fueling demand for quality rental properties. This is a turnkey investment opportunity ideal for someone looking to expand their portfolio in Northern Michigan’s real estate gem. Don’t miss out on this exceptional chance to secure a diverse mix of rental properties in a high-growth market. --- Note: Being sold as one package
Property Details
- AppliancesDishwasher, Oven, Refrigerator, Range
- Parking FeaturesAttached, Detached, Garage
- FoundationBasement, MichiganBasement
- Basement DescriptionFull, Partial
- CountyGrandTraverse
- Property TypeMulti-Family
- School DistrictTraverseCity
- Parcel Number285164224000
- Sewer InformationPublicSewer
- MLS #78080055267
- Property SubtypeMultiFamily
- MLS #78080055267
- Original List Price$3,215,000
- Cost3215000
- Parking TypeGarage
- Utility SourcePublic
- Year Built1891
- Acres3.9
- SubdivisionNA
- Days on Market (Cumulative)21
- Stories1
- Basement1
Location
Legal
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Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Kenneth C Weaver (#78000000612691), Email: traversenorth@gmail.com
Listing Office: Berkshire Hathaway Homeservices - TC (#78000000061887)
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