517 S Oak Street, Traverse City

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$450,000

202 N. First St.
Leland, MI    49654

(415 ) 254-1622
info@manitou-life.com

Listing is courtesy of Coldwell Banker Schmidt Traverse City
231-922-2350


MLS: #1942885
  • Number of Units: 4
  • Square Feet: 2,158
  • Acres: 0.10
  • School District: Traverse City Area Public Schools
  • Township: Traverse City
  • County: Grand Traverse
  • Property Type: True
  • Garage: None
  • Appliances: Refrigerator, Oven/Range, Freezer
  • Extras: None

Well-located fourplex just a short walk from all the shops, restaurants, and amenities of downtown Traverse City, making it a highly desirable location for both current and future tenants. Each of the four units features 1 bedroom and 1 bathroom, with two units on the main level and two on the upper level, all with private entrances. The property also offers a shared coin-operated laundry room in the basement for tenant convenience. Each unit is individually metered for gas and electric, providing the opportunity for a future owner to adjust utility responsibilities if desired. Each unit includes one parking space, and rents currently include utilities. Utilities currently paid by the landlord include: electricity, natural Gas / propane, water & sewer, trash collection, recycling. This is a strong opportunity to own a well-positioned multi-unit property in one of Traverse City’s most walkable locations.

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