829 E Eighth

Traverse City, Michigan 49686

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 3.9
    Acres(Lot)
$3,215,000

Description

Seize this rare chance to own a package of eight income-generating properties in the heart of traverse city, michigan! this exclusive portfolio includes: †¢ newer duplex †¢ tri-plex (single-family home + duplex on one lot) †¢ six single-family homes all properties are currently rented, providing immediate cash flow for the savvy investor. located primarily in downtown traverse city, these properties offer high rental demand and strong appreciation potential in one of michigan’s most sought-after markets.----- why invest in traverse city? traverse city is known for its booming tourism industry, strong local economy, and vibrant downtown scene. with its stunning waterfront, top-rated restaurants, and year-round attractions, the city continues to draw new residents and visitorsâ€"fueling demand for quality rental properties. this is a turnkey investment opportunity ideal for someone looking to expand their portfolio in northern michigan’s real estate gem. don’t miss out on this exceptional chance to secure a diverse mix of rental properties in a high-growth market. --- note: being sold as one package

  • Property Type

    Multifamily

  • County

    Grand Traverse

  • Style

    Duplex

  • AD ID

    49166814

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Property Details

  • Heating & Cooling

    • Heating: Forced Air,Other
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1891
    • Building Stories: 1 Story
    • Total Units: 11
    • Foundation/Basement: Basement,Michigan Basement
    • Architecture: Duplex

    Exterior Features

    • Construction: Other,Wood

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 3.90
    • Dimensions: irregular

    Property Information

    • Subdivision: na
    • Financing: Cash

  • Listing Price Information

    • Original List Price: $3,215,000

    Listing Information

    • Possession: Subject To Tenant Rights
    • Legal Description: 8 parcels, see associated documents for legal descripts as identified in tax records and RPR records

  • Tax Information

    • Parcel Number: 285164224000

    Possession

    • Subject To Tenant Rights

    Legal Information

    • Legal Description: Section: 8 parcels, see associated documents for legal descripts as identified in tax records and RPR records

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 04/05/2025 @ 21:16

  • MLS: 624787281
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 0 bedrooms which is for sale, it has 0 sqft, 4 sized lot, and Garage parking. are nearby neighborhoods.