918 W Front Street 917 Third St. 1-5, 7,8 new Save Request In-Person Tour Request Virtual Tour
Traverse City,MI 49684
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,549 sqft
Price per Sqft $457
MLS Listing ID 1938932
Lot Size 7,840 Sqft
Property Sub-Type Multi-Family
Property Description
Exceptional opportunity to own 7 fully rented condo units in an unbeatable location just minutes from downtown Traverse City! Situated close to West Bay, Munson Medical Center, shopping, dining, and year-round recreation, these condos offer convenience, comfort, and consistent rental income. Each unit is currently leased and professionally managed, making this a turnkey investment with immediate cash flow. Whether you're looking to expand your real estate portfolio or enter the market with a solid income-producing asset, this package delivers. Property Highlights: • 7 fully leased condos – strong rental history • Desirable location near downtown, West Bay, hospital, and amenities. • On-site parking and private storage for most units • Professionally managed – hassle-free ownership • Excellent long-term investment potential • Flexible exit strategy: hold for cash flow, sell individually, or owner-occupy in the future. Opportunities like this are rare in Traverse City's thriving real estate market.
Location
State MI
County Grand Traverse
Interior
Heating Zoned/Dual,Wall,Ductless A/C
Cooling Zoned/Dual,Wall,Ductless A/C
Exterior
Exterior Feature Sidewalk,Patio,Landscaped,Balcony
Roof Type Membrane
Building
Water Municipal
Structure Type Vinyl Siding,Stone
Schools
School District Traverse City Area Public Schools