Traverse City, MI 49686,526 E Eighth Street
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Traverse City, MI 49686,526 E Eighth Street
Traverse City, MI 49686,526 E Eighth Street
Traverse City, MI 49686,526 E Eighth Street
Traverse City, MI 49686,526 E Eighth Street
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$ 475,000
Est. payment /mo
Price Dropped by $14K

526 E Eighth Street Traverse City, MI 49686

807 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 807 sqft

Price per Sqft $588

Subdivision Hannah Lay & Co'S 5Th Add

MLS Listing ID 78080055889

Style Duplex

Year Built 1896

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 50x165

Property Sub-Type Duplex

Source Aspire North REALTORS®

Property Description

Exceptional Income Opportunity in Downtown Traverse City! Located in the vibrant and growing neighborhood north of Boardman River, this versatile property features three units, two in the main building and one detached unit. Whether you're looking to convert it back into a spacious single-family home, live in one unit and rent the others, or maintain it as a turnkey investment property, the possibilities are wide open. Situated in a highly walkable area, you'll be just steps from West Grand Traverse Bay beaches, the TART Trail, Boardman River & Lake, the public library, and a host of downtown shops and restaurants. Don't miss your chance to invest in a location that’s thriving with tourism, development, and opportunity. D-2 zoning provides opportunities to develop property up to 20 units. Explore options for development with local authorities.

Location

State MI

County Grand Traverse

Area Traverse City

Zoning Residential

Interior

Hot Water Other

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Garage no

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Duplex

Level or Stories 2 Story

Schools

School District Traverse City

Others

Pets Allowed Yes

Tax ID 285163401100

Ownership Private Owned

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Realcomp MLS
Listed by Nick Rogers of Wentworth Real Estate Group
agent

Norb Hubert

Agent

+1(586) 855-7325

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526 E Eighth Street