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$ 1,300,000
Est. payment /mo
Active
115 N Michigan Avenue Beulah, MI 49617
1.51 Acres Lot
UPDATED:
08/13/2024 02:24 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 80015152
Style 2 Story
Year Built 1935
Lot Size 1.510 Acres
Acres 1.51
Lot Dimensions Irregular
Property Description
INCREDIBLE INCOME OPPORTUNITY!! This property located on the main road in Beulah boasts 18 individual CONDO units on the upper lever that is an immediate positive cash flow stream. Income from the upper floor covers expenses for the entire building! Another 9000 sq ft on the lower level waits your vision for increasing your income stream! Can be made into many things, additional condos, office space, retail, banquet facility, Corporate meeting events, you name it! This property is steps away Crystal Lake, close to many Northern Michigan amenities, including hiking, parks, boating, golfing, skiing, and many many more! Don't pass on this opportunity to add this property to your portfolio!!
Location
State MI
County Benzie
Area Benzonia Twp (10002)
Zoning Commercial,Multi-Family,Residential
Rooms
Basement Poured
Interior
Heating Forced Air, Wall Heat
Cooling Wall/Window A/C
Appliance Dryer, Range/Oven, Refrigerator, Washer
Exterior
Exterior Feature Wood
Building
Story 2 Story
Water Public Water
Structure Type Wood
Schools
School District Benzie County Central School
Others
Ownership Private
Energy Description Electric,Natural Gas
Financing Cash,Exchange/Trade,Land Contract
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Northern Michi