914 E Front Street
Traverse City, MI 49686

Description

16 nightly and weekly rentable units for sale in one of the Premier Resort Towns in the Country. Traverse City, MI has everything you could possibly want for year round income. Spring and Summer provides Beaches, Festivals, Bayshore Marathon which sells out every year, and a Vibrant and Lively Downtown. Traverse City is also a premier destination for bachelor and bachelorette parties during the spring. Fall Brings color tours, wine tours, Iron Man and more as people flock here for the late season beauty. Winter has the Ice Man Cometh, Comedy Festival, Suds and Snow, Skiing, and Snowmobiling. All year has business travelers and people who come to visit family and friends. Each unit is a condo with its own Tax ID number so there are many options for investors. Keep the entire building and let the cash roll in. Keep units to rent and sell off others down the road. This building is in a great location as it is within walking and biking distance to all things downtown and multiple beaches. Also, just a quick jaunt to Holiday Hill to Ski or The Resort to Golf.

Details

MLS#1864258
Sub-TypeResale
StatusActive
Year2019
Days On Site11

Features

SQ Feet14,000
Units16
Building(s)1
Property ViewYes

Market Activity 49686

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Area Information

StateMI
CountyGrand Traverse
CityTraverse City
Zip Code49686
AreaGrand Traverse
Listing VS Median (in 49686)
Price:
$4,144,000
low | high
Med:
$279,900
100% of Average
SqFt:
14,000
low | high
Med:
1,910
100% of Average
$ / SqFt:
$296
low | high
Med:
$147
100% of Average
On Site:
11
low | high
Med:
21
52.380952380952% of Average
Listing Updated: 07/21/2019
MLS Number: 1864258
Listing Provided By:
The Mitten Group  of  Key Realty One-TC
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