$ 3,125,000
1825 E Eighth Traverse City, MI 49686
Save 
Share Schedule a Tour
REQUEST A TOUR
In-PersonVirtual Tour
REQUEST A TOUR
In-PersonVirtual Tour
$ 3,125,000
Est. payment | /mo
1.22 Acres Lot
$ 3,125,000
Est. payment | /mo
1.22 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Traverse City
Subdivision Traverse City
MLS Listing ID 80051890
Originating Board MiRealSource
Year Built 2023
Lot Size 1.220 Acres
Acres 1.22
Lot Dimensions Condo
Property Description
11 Units that are short term rentable. Building has the one and only full rooftop common area with 4 hot tubs, turf area for outdoor games and partially covered as well. The building features a dog run and close proximity to both local and national chain food and coffee. Right around the corner is a grocery store for easy check ins. Guests on Airbnb have loved this building and the reviews on the already owned units speak highly of the rooftop and design. Listing price represents a fantastic group pricing discount, leaving investors with the upside of instant equity along with cash flow from the units. These units will come furnished with all appliances in place. Furnishings are included in the list price. This will allow investors the opportunity to instantly begin renting. If this is a 3
Location
State MI
County Grand Traverse County
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
Structure Type Other
Others
Acceptable Financing Cash
Listing Terms Cash
Listed by The Mitten Real Estate Group