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624 Third Street Traverse City, MI 49684
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Key Details
Sold Price $681,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,778 sqft
Price per Sqft $383
Subdivision Hannah Lay & Co 10Th Add
MLS Listing ID 80010856
Sold Date 12/01/23
Style 2 Story
Bedrooms 4
Full Baths 2
Abv Grd Liv Area 1,778
Year Built 1886
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 50x166
Property Description
Great cash flowing investment opportunity! In the heart of downtown Traverse City this duplex has an upper and lower unit. Both units have 2 bedroom and 1 full bathroom. There is shared laundry accessible from outside for both units to use. There is a party wall available for both units to open to be one large house. Currently listed on all short term rental sites for three listings, upper, lower and entire house. Commercial C-1 zoned property with active and current short term rental licenses for both units. Listing includes all furniture and fixtures, turn key! Fully remodeled in winter 21/22. Owner is a licensed real estate agent and also the property manager.
Location
State MI
County Grand Traverse
Area Traverse City (28021)
Zoning Commercial,Residential
Rooms
Basement MI Basement, Common Storage Locker, Unfinished
Interior
Interior Features Window Treatment(s)
Heating Forced Air
Cooling Central A/C
Appliance Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer
Exterior
Waterfront No
Garage No
Building
Story 2 Story
Foundation Michigan Basement
Water Public Water
Structure Type Vinyl Siding
Schools
School District Traverse City Area Public Schools
Others
Ownership Private
Energy Description Electric,Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional,Exchange/Trade
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Bought with Five Star Real Estate - Front St TC