9
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$1,295,000
Est. payment /mo
0.31 Acres Lot
Active
115 N Michigan Avenue Beulah, MI 49617
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 80054160
Style 2 Story
Year Built 1935
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 150x90
Property Sub-Type Multi-Family
Property Description
Great income opportunity with immediate, positive cash flow and lots of redevelopment potential to dramatically increase revenue even further. Located in the popular vacation destination of Beulah, Eden Brook Place boasts 18 individual units on the upper level currently leased as long-term but can easily be converted to short-term as well. Another 9,000 square feet on the lower level is currently gutted and ready for your vision: additional condos, office space, retail, banquet facility, corporate meeting events, etc. Architectural plans for additional rental units are included in the sale. It's ideal location is steps away Crystal Lake and close to many amenities including hiking, parks, boating, golfing, skiing, and many more!
Location
State MI
County Benzie
Area Benzonia Twp (10002)
Zoning Multi-Family,Commercial,Residential
Rooms
Basement Poured
Interior
Heating Wall Heat, Forced Air
Cooling Wall/Window A/C
Appliance Dryer, Range/Oven, Refrigerator, Washer
Exterior
Exterior Feature Wood
Building
Story 2 Story
Water Public Water
Structure Type Wood
Schools
School District Benzie County Central School
Others
Ownership Private
Energy Description Electric,Natural Gas
Financing Cash,Exchange/Trade,Land Contract
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Listed by Keller Williams Northern Michi