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Listed by Berkshire Hathaway Homeservices - TC
$ 720,000
Est. payment | /mo
2 Baths
1,456 SqFt
$ 720,000
Est. payment | /mo
2 Baths
1,456 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,456 sqft
Price per Sqft $494
MLS Listing ID 1950207
Style Cottage
Year Built 1959
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Multi Family
Property Description
Rare Spider Lake waterfront investment opportunity featuring two separate, nicely updated cottages on a deep, level lot with a sandy beach and beautiful lake frontage. The property includes a 1-bedroom, 1-bath cottage and a 2-bedroom, 1-bath cottage with sunroom and large lakeside deck. Both cottages are comfortable and appealing, with mini-splits for efficient heating and cooling, and have an established rental history.------ A major advantage is the property's Cabin Court designation by the township, making it exempt from local short-term rental restrictions—an increasingly valuable feature in the Traverse City area. This provides excellent flexibility for continued vacation rental use, owner occupancy combined with rental income, extended family use, or a waterfront retreat.----------- Offered turnkey, including furnishings, household goods, kayaks and much of what is needed to continue operating and enjoying the property from day one. Spider Lake is a highly desirable all-sports lake just minutes from downtown Traverse City. The property is also convenient to the VASA Trail, extensive state land, hiking, biking, ORV trails and year-round recreation. A unique opportunity to own two waterfront cottages with sandy frontage, proven rental potential and an outstanding Traverse City location.
Location
State MI
Rooms
Basement Crawl Space
Interior
Interior Features Solarium/Sun Room, High Speed Internet, Cable TV
Heating Wall Furnace, Natural Gas
Fireplaces Type None
Fireplace false
Appliance Refrigerator, Oven/Range
Exterior
Exterior Feature Dock
Community Features None
Waterfront Description Private
Roof Type Asphalt,Metal
Garage false
Building
Story One
Foundation Slab
Sewer Private Sewer
Water Private
Architectural Style Cottage
Nearby Locations
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Stacy Allman
Broker/Owner Lic# 6502433438