Description
Traverse city, mi has been making headlines for years now and was recently rated by the wall street journal as the ‘10 best places to go in 2025’. this resort community is a highly sought after destination place thanks to the incredibly beautiful fresh waters of lake michigan, alongside the many inland lakes and year round enjoyment of the great outdoors. slabtown flats is a recently converted condominium association that consists of 2 buildings - each housing (1) 1400 sq. ft. penthouse suite, (4) 544 sq. ft. 1 bedroom condos and (1) 350+ sq. ft. efficiency studios. there is a total of 12 units along with 10 heated outdoor parking spaces and multiple storage rooms & utility rooms. the penthouses each boast a 700 sq. ft. private rooftop. city water and sewer. location, location, location - these buildings are in the heart of it all. traverse city is host to a plethora of year round events, including the nationally renowned cherry fest - a weeks long outdoor festival that hosts big name music artists, comedians and also the electrifying blue angels and/or thunderbirds! on top of that we have many 5k and triathlon offerings, such as the highly acclaimed ironman and can't fail to mention the internationally recognized great lakes equestrian festival, which brings in prized horses and visitors from all over the world! be sure to check out this worthwhile investment opportunity and consider keeping a slice of it for your own personal enjoyment!
Property Type
MultifamilyCounty
Grand TraverseStyle
MultifamilyAD ID
48634797
Sell a home like this and save $173,501 Find Out How
Property Details
-
Interior Features
Room Information
- Porches: Balcony
Interior Features
- Egress Window(s)
- Basement Description: Daylight,Partially Finished
Heating & Cooling
- Cooling: Ceiling Fan(s),Central Air
- Heating: Forced Air
- Heating Fuel: Electric,Natural Gas
-
Exterior Features
Building Information
- Year Built: 2017
- Total Units: 12
- Foundation/Basement: Basement
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.18
- Dimensions: 40x190
Property Information
- SQ ft: 544
- Subdivision: Slabtown Flats
- Financing: Cash
-
Listing Information
Listing Price Information
- Original List Price: $2,900,000
Listing Information
- Possession: Negotiable
- Legal Description: UNITS 1 thru 12 - SLABTOWN FLATS CONDOMINIUM GTC CONDO SUB PLAN NO 5112023C-00040 MASTER DEED FILED AUGUST 15, 2023
-
Taxes / Assessments
Tax Information
- Annual Tax: $60,576
- Parcel Number: 28-51-625-001-00+
Possession
- Negotiable
Legal Information
- Legal Description: Section: UNITS 1 thru 12 - SLABTOWN FLATS CONDOMINIUM GTC CONDO SUB PLAN NO 5112023C-00040 MASTER DEED FILED AUGUST 15, 2023
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
Statistics Bottom Ads 2

Sidebar Ads 1

Learn More about this Property
Sidebar Ads 2

Sidebar Ads 2

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2025 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan.
BuyOwner last updated this listing 02/22/2025 @ 20:04
- MLS: 623218696
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 0 bedrooms which is for sale, it has 544 sqft, 0 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Lake Ann , in zip code 49650, this Benzie County Multifamily , it is in the Metes and Bounds Subdivision, and are nearby neighborhoods.