Traverse City, MI 49684,624 Third

$681,000

$699,000

2.6%
Est.Price: ?

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Est. payment /mo

4 Beds

2 Baths

1,778 SqFt


SOLD DATE : 12/01/2023

Key Details

Sold Price $681,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,778 sqft

Price per Sqft $383

Subdivision Hannah Lay & Co 10Th Add

MLS Listing ID 78080010856

Sold Date 12/01/23

Style Duplex

Bedrooms 4

Full Baths 2

HOA Y/N no

Originating Board Aspire North REALTORS®

Year Built 1886

Annual Tax Amount $12,614

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 50x166

Property Description

Great cash flowing investment opportunity! In the heart of downtown Traverse City this duplex has an upper and lower unit. Both units have 2 bedroom and 1 full bathroom. There is shared laundry accessible from outside for both units to use. There is a party wall available for both units to open to be one large house. Currently listed on all short term rental sites for three listings, upper, lower and entire house. Commercial C-1 zoned property with active and current short term rental licenses for both units. Listing includes all furniture and fixtures, turn key! Fully remodeled in winter 21/22. Owner is a licensed real estate agent and also the property manager.

Location

State MI

County Grand Traverse

Area Traverse City

Rooms

Basement Unfinished, Common Storage Locker

Kitchen Dishwasher, Dryer, Freezer, Microwave, Oven, Range/Stove, Refrigerator, Washer

Interior

Heating Forced Air

Cooling Central Air

Fireplace no

Appliance Dishwasher, Dryer, Freezer, Microwave, Oven, Range/Stove, Refrigerator, Washer

Heat Source Electric, Natural Gas

Exterior

Porch Porch

Garage no

Building

Foundation Basement, Michigan Basement

Sewer Shared Septic (Common)

Water Public (Municipal)

Architectural Style Duplex

Level or Stories 2 Story

Structure Type Vinyl

Schools

School District Traverse City

Others

Tax ID 285165405900

Ownership Private Owned

Acceptable Financing Cash, Conventional, Trade/Exchange

Listing Terms Cash, Conventional, Trade/Exchange

Financing Cash,Conventional,Trade/Exchange

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Realcomp MLS
Listed by Sam Flamont of The Mitten Real Estate Group
Bought with Five Star Real Estate - Front St TC
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