214 W Tenth Street, Traverse City

$695,000

202 N. First St.
Leland, MI    49654

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

Listing is courtesy of REO-TCRandolph-233022
231-946-4040

• Bedrooms: 4
• Bathrooms: 3
• Style: Other, Apartment
• Condo: No
• Square Feet: 3,165
• Acres: 0.14
• School District: Traverse City Area Public Schools
• Year Built: 1880
• Township: Traverse City
• County: Grand Traverse
• Basement: Crawl Space, Daylight, Finished Rooms, Interior Entry, Block, Other
• Garage: Dirt, Alley Access, Private, Detached, Concrete Floors
• Interior: In-Law Floorplan, Bookcases, Walk-In Closet(s), Other, Mud Room, Formal Dining Room, Great Room, Den/Study, Ceiling Fan(s), Cable TV, High Speed Internet
• Exterior: Sidewalk
• Appliances: Refrigerator, Washer, Dryer, Freezer, Oven, Cooktop, Gas Water Heater, Blinds, Drapes, Curtain Rods, Smoke Detector(s)
• Out Buildings: Shed(s)
• Heating/Cooling Source: Forced Air, Natural Gas
• Heating/Cooling Type: None

Rare investment opportunity, a grandfathered 3-unit home in downtown Traverse City where historic charm meets a highly lucrative property in Traverse City proper. 214 West Tenth Street delivers turnkey character alongside a certified, legally grandfathered three-unit status. In a highly restricted zoning market, this legal triplex represents a scarce, high-yield asset that is nearly impossible to replicate today. Main floor features a formal foyer, original trim, doors, and hardware. Includes a large living/dining combo with grand front windows, hardwood flooring, a faux fireplace, a kitchen with a casual breakfast nook, two ample bedrooms, and a full bath. Upstairs front offers a private apartment featuring hardwood floors, a large bedroom, a dedicated kitchen, a living room, and a full bath. Upstairs back provides a completely separate entrance, hardwood floors, a living area, an updated kitchen with appliances and modern cabinets, a large bedroom with a walk-in closet, and a full bath. A bonus lower level with dual front and back access leads to a basement with a dedicated laundry area, built-in cupboards, a large closet, and an flexible additional room perfect for a den, hobby space, or guest overflow. Exterior provides a rare, detached three-car garage paired with an expansive, professionally landscaped, and fully fenced backyard. Situated in the heart of the "Cherry Capital of the World," your tenants or guests will enjoy a vibrant downtown lifestyle. The property sits on a picturesque, tree-lined street just steps from locally owned eateries, eclectic shopping, and festive community events. Enjoy immediate proximity to the freshwater beaches on Grand Traverse Bay, the acclaimed vineyards of the Old Mission and Leelanau Peninsulas, and the breathtaking Sleeping Bear Dunes National Lakeshore. Totaling 4 bedrooms and 3 full baths across three fully independent, legally recognized units, this historic gem is ready to generate top-tier returns from day one.