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Key Details
Sold Price $270,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 80047255
Sold Date 11/12/24
Style 1 Story
Year Built 1954
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 57x147
Property Description
Discover this prime duplex property, ideally located just minutes away from the vibrant downtown Traverse City. This well-positioned investment offers the perfect blend of convenience and potential. **Key Features** Two-Unit Duplex: Each unit features two bedrooms and one bathroom, providing ample space for comfortable living or renting. Needs TLC: While the property offers a solid foundation, it could benefit from some updates to flooring and other cosmetic enhancements. Prime Location: Enjoy easy access to shopping, dining, and entertainment options in downtown Traverse City. Outdoor Living: Take advantage of the nearby Grand Traverse Commons and Botanical Garden, perfect for biking, walking, or simply enjoying the natural beauty of the area. **Investment Potential** Rental Income: This duplex presents an excellent opportunity to generate rental income from both units. Location: The property's proximity to downtown Traverse City ensures a strong demand for tenants. Value Appreciation: As real estate values continue to rise in the Traverse City area, this duplex offers significant potential for appreciation. This duplex represents an exceptional investment opportunity. Don't miss out on the chance to own a piece of Traverse City's thriving real estate market.
Location
State MI
County Grand Traverse
Area Garfield Twp (28005)
Zoning Multi-Family
Interior
Heating Forced Air
Appliance Dryer, Microwave, Range/Oven, Refrigerator, Washer
Exterior
Waterfront No
Building
Story 1 Story
Foundation Slab
Water Public Water
Schools
School District Traverse City Area Public Schools
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
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Bought with REMAX Bayshore - W Bay Shore Dr TC