Water view, great rental history and located in an allowable short-term rental zone! Across from Silver Lake and just minutes from Downtown Traverse City, this 1 1/2 story - 3 bedroom/1 bath includes a large detached garage and 1.43 acres. Amazing income potential. Short-term rental income on this property (in our opinion and to the best of our knowledge) could be $30K+ annually. Possible land contract/PMM option available.
Sold for $275,000 on 09/06/23
$275,000
393 S East Silver Lake Rd, Traverse City, MI 49685
3beds
972sqft
Single Family Residence
Built in 1900
1.43 Acres Lot
$297,300 Zestimate®
$283/sqft
$1,705 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 14, 2024 at 07:22am
Listed by:
Joshua Croff Cell:231-342-8777,
Verity Real Estate, LLC
Bought with:
Joshua Croff, 6502418758
Verity Real Estate, LLC
Source: NGLRMLS,MLS#: 1911996
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Dimensions: 11 x 9.25
Bedroom 2
- Level: Upper
- Area: 17168
- Dimensions: 14 x 11
Bedroom 3
- Level: Upper
- Area: 112840
- Dimensions: 12 x 9
Primary bathroom
- Features: Shared
Dining room
- Level: Main
- Length: 12
Kitchen
- Level: Main
- Length: 12
Living room
- Level: Main
- Area: 1815
- Dimensions: 15 x 12
Heating
- Forced Air, Natural Gas
Appliances
- Included: Refrigerator, Oven/Range, Water Softener Owned, Washer, Dryer, Gas Water Heater
- Laundry: Lower Level
Features
- Cathedral Ceiling(s), Other, Mud Room, Ceiling Fan(s), Cable TV, High Speed Internet
- Flooring: Wood, Vinyl, None, Concrete
- Windows: Low Emissivity Windows
- Basement: Full,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 972
- Total interior livable area: 972 sqft
- Finished area above ground: 972
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Concrete Floors, RV Access/Parking, Gravel, Private
- Garage spaces: 2
- Details: RV Parking
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck, Covered
- Exterior features: Other, Garden
- Has view: Yes
- View description: Bay, Countryside View, Water
- Has water view: Yes
- Water view: Water,Bay
Lot
- Size: 1.43 Acres
- Dimensions: 189' x 289' x 252' x 172' x 124
- Features: Sloped, Metes and Bounds
Details
- Additional structures: None
- Parcel number: -02-005-017-20
- Zoning description: Residential,Rental History,Outbuildings Allowed
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- Fixer
- New construction: No
- Year built: 1900
- Major remodel year: 1999
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Green energy
- Energy efficient items: Not Applicable
- Water conservation: Not Applicable
Community & neighborhood
Community
- Community features: Pets Allowed
Location
- Region: Traverse City
- Subdivision: metes and bounds
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,Land Contract/PMM
- Ownership type: Private Owner
- Road surface type: Asphalt
Services availability
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