$1,100,000
$1,250,000
12.0%For more information regarding the value of a property, please contact us for a free consultation.
1.5 Acres Lot
SOLD DATE : 03/11/2022
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 78001332899
Sold Date 03/11/22
Style Duplex
Originating Board Aspire North REALTORS®
Year Built 1971
Lot Size 1.500 Acres
Acres 1.5
Lot Dimensions 375x175
Property Description
The ultimate investment opportunity has arrived. 5 duplexes in a row in Garfield Township with in town living. So you get Traverse City rents but Garfield taxes. Duplexes are being sold together. All duplexes are occupied and under rented. Great opportunity for passive income. There is a 3 stall garage behind one of the duplexes. One duplex has a full unfinished basement which gives the properties value add potential.
Location
State MI
County Grand Traverse
Area Garfield Twp
Zoning Residential
Interior
Hot Water Other
Heating Forced Air
Heat Source Natural Gas
Exterior
Pool No
Building
Foundation Crawl, Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Duplex
Level or Stories 1 Story
Structure Type Other
Schools
School District Traverse City
Others
Pets Allowed Yes
Tax ID 280504505900
Ownership Corporate/Relocation
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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