526 E Eighth Street Active

Traverse City,MI 49686

$ 435000

- Bed

3 Baths

2381 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,381 sqft

Price per Sqft $182

Subdivision Mi

MLS Listing ID 1932546

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 50x165

Property Sub-Type Multi-Family

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

Rooms

Basement Crawl Space

Interior

Interior Features Other

Heating Hot Water

Cooling Hot Water

Exterior

Exterior Feature Sidewalk

Roof Type Asphalt

Road Frontage Blacktop

Building

Water Municipal

Structure Type Vinyl Siding

Schools

School District Traverse City Area Public Schools

Others

Tax ID 28-51-634-011-00

Ownership Private Owner

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