A fantastic investment opportunity awaits with this multi-family property, offering the potential to generate monthly rental income. Situated on 8+ acres with views of Grand Traverse Bay, this property has been fully updated and is ready for its next owner. Recent improvements include a new metal roof, updated soffit and siding, a concrete parking pad, and new storm doors. Inside, you'll find modern cabinets, appliances, and some updated countertops. Located in desirable Garfield Township, only 10 minutes from downtown Traverse City and its many amenities!
For sale
$439,900
1157 N Us Highway 31 S #1 & 2, Traverse City, MI 49685
2beds
2baths
1,425sqft
Est.:
Multi Family
Built in 1953
-- sqft lot
$-- Zestimate®
$309/sqft
$-- HOA
What's special
Updated soffit and sidingNew metal roofNew storm doorsUpdated countertopsModern cabinets
- 340 days
- on Zillow |
- 446 |
- 32 |
Zillow last checked: 7 hours ago
Listing updated: September 25, 2024 at 11:11am
Listed by:
Jeremy Fenske 906-231-9019,
REMAX Bayshore - W Bay Shore Dr TC 231-941-4500,
Robert Brick 231-715-1464,
REMAX Bayshore - W Bay Shore Dr TC
Source: NGLRMLS,MLS#: 1926444

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Wall Furnace, Propane, Fireplace(s)
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Propane Water Heater
Features
- Cathedral Ceiling(s), Storage, Breakfast Nook, Solid Surface Counters, Cable TV, WiFi
- Basement: Walk-Out Access,Daylight,Egress Windows,Finished
- Has fireplace: Yes
- Fireplace features: Gas, Stove
Interior area
- Total structure area: 1,425
- Total interior livable area: 1,425 sqft
Video & virtual tour
Property
Parking
- Parking features: Paved, Detached
- Has garage: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Patio & porch: Deck, Patio
- Exterior features: Other
- Has spa: Yes
- Has view: Yes
- View description: Bay, Countryside View
- Has water view: Yes
- Water view: Bay
- Waterfront features: None
Lot
- Size: 8.18 Acres
Details
- Additional structures: Second Garage
- Parcel number: 05-028-021-00
- Zoning description: Agricultural Res
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch,Bungalow
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
- Foundation: Block
- Roof: Metal/Steel
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Private
Community & HOA
Community
- Features: None
- Subdivision: Metes & Bounds
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $309/sqft
- Annual tax amount: $5,805
- Price range: $439.9K - $439.9K
- Date on market: 8/27/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Lease term: Not For Lease
- Road surface type: Asphalt
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