Welcome to a fantastic investment opportunity with this well maintained quadplex! The addresses are 3482, 3484, 3486 + 3488 Mahoney Drive. Great location, just a few minutes from Traverse City. All 4 units are tenant occupied with current leases until 2025. Total rents are $6100/mo. Each unit offers two stories, private entry, an attached single-car garage and paved driveways, maximizing storage and tenant convenience. Inside each unit is nicely updated and equipped with a large living area, washer and dryer hookups, and spacious master bedrooms, complete with dual closets. Updated flooring throughout each unit. Recently upgraded kitchen cabinetry and appliances in the two end units (3482 + 3488). Outside you will find private patios and a spacious shared backyard. Please note that showings require 48 hours notice!
Sold for $750,000 on 06/27/24
$750,000
3482 Mahoney Dr, Traverse City, MI 49696
--beds
8baths
4,568sqft
Multi Family
Built in 1995
-- sqft lot
$813,700 Zestimate®
$164/sqft
$1,778 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 01, 2024 at 05:19am
Listed by:
Chelsea Jamieson 231-778-1200,
Five Star Real Estate - Front St TC
Bought with:
Jonathan Dayton, 6506036856
REO-TCFront-233021
Source: NGLRMLS,MLS#: 1921613

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 8
Heating
- Baseboard, Natural Gas
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Freezer
- Laundry: Laundry Hook-up
Features
- Vaulted Ceiling(s), Entrance Foyer, Cable TV, WiFi
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 4,568 sqft
Property
Parking
- Parking features: One Car, Paved, Garage, Attached, Concrete
- Has garage: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Countryside View
- Waterfront features: None
Lot
- Size: 1.25 Acres
- Dimensions: 141.72 x 384.21 IRR
Details
- Additional structures: None
- Parcel number: 03-386-016-00
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1995
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Green energy
- Energy efficient items: Not Applicable
- Water conservation: Not Applicable
Community & neighborhood
Community
- Community features: None
Location
- Region: Traverse City
- Subdivision: EARLINGTON HILLS
HOA & financial
Other financial information
- Total actual rent: 6100
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt