HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?
Additional details
$ 1,295,000
Est. payment /mo
Active Under Contract
115 N Michigan AVE Beulah, MI 49617
0.31 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Eden Brook Condomindiums
MLS Listing ID 78080054160
Year Built 1935
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type MultiFamily
Property Description
Great income opportunity with immediate, positive cash flow and lots of redevelopment potential to dramatically increase revenue even further. Located in the popular vacation destination of Beulah, Eden Brook Place boasts 18 individual units on the upper level currently leased as long-term but can easily be converted to short-term as well. Another 9,000 square feet on the lower level is currently gutted and ready for your vision: additional condos, office space, retail, banquet facility, corporate meeting events, etc. Architectural plans for additional rental units are included in the sale. It's ideal location is steps away Crystal Lake and close to many amenities including hiking, parks, boating, golfing, skiing, and many more!
Location
State MI
County Benzie
Area Area93061Benzoniatwp
Rooms
Basement Concrete
Interior
Heating Electric, ForcedAir, NaturalGas, WallFurnace
Cooling WallWindowUnits
Fireplace No
Exterior
Waterfront Description Creek
View Y/N No
Building
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Benziecountycentral
School District Benziecountycentral
Others
Acceptable Financing Cash, Contract, Trade1031Exchange
Listing Terms Cash, Contract, Trade1031Exchange
Special Listing Condition Standard
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Listed by Joe Van Antwerp of Keller Williams Northern Michigan