14
See all 14 photos
$475,000
Est. payment /mo
807 SqFt
Active
526 E Eighth Street Traverse City, MI 49686
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 807 sqft
Price per Sqft $588
Subdivision Mi
MLS Listing ID 80055889
Style 2 Story
Year Built 1896
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 50x165
Property Sub-Type Multi-Family
Property Description
Exceptional Income Opportunity in Downtown Traverse City! Located in the vibrant and growing neighborhood north of Boardman River, this versatile property features three units, two in the main building and one detached unit. Whether you're looking to convert it back into a spacious single-family home, live in one unit and rent the others, or maintain it as a turnkey investment property, the possibilities are wide open. Situated in a highly walkable area, you'll be just steps from West Grand Traverse Bay beaches, the TART Trail, Boardman River & Lake, the public library, and a host of downtown shops and restaurants. Don't miss your chance to invest in a location that’s thriving with tourism, development, and opportunity. D-2 zoning provides opportunities to develop property up to 20 units. Explore options for development with local authorities.
Location
State MI
County Grand Traverse
Area Traverse City (28021)
Zoning Residential
Interior
Heating Hot Water
Appliance Other-See Remarks
Building
Story 2 Story
Foundation Crawl
Water Public Water
Schools
School District Traverse City Area Public Schools
Others
Ownership Private
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Wentworth Real Estate Group