Traverse City, MI 49696,3482 Mahoney Drive
Traverse City, MI 49696,3482 Mahoney Drive
Traverse City, MI 49696,3482 Mahoney Drive
63
$750,000
$799,900
6.2%
Est.Price: ?

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1,142 SqFt

3482 Mahoney Drive Traverse City, MI 49696

Est. payment /mo
SOLD DATE : 06/27/2024

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Key Details

Sold Price $750,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,142 sqft

Price per Sqft $656

Subdivision Mi

MLS Listing ID 80016964

Sold Date 06/27/24

Style 2 Story

Year Built 1995

Lot Size 1.250 Acres

Acres 1.25

Lot Dimensions 141.72X384.21 IRR

Property Description

Welcome to a fantastic investment opportunity with this well maintained quadplex! The addresses are 3482, 3484, 3486 + 3488 Mahoney Drive. Great location, just a few minutes from Traverse City. All 4 units are tenant occupied with current leases until 2025. Total rents are $6100/mo. Each unit offers two stories, private entry, an attached single-car garage and paved driveways, maximizing storage and tenant convenience. Inside each unit is nicely updated and equipped with a large living area, washer and dryer hookups, and spacious master bedrooms, complete with dual closets. Updated flooring throughout each unit. Recently upgraded kitchen cabinetry and appliances in the two end units (3482 + 3488). Outside you will find private patios and a spacious shared backyard. Please note that showings require 48 hours notice!

Location

State MI

County Grand Traverse

Area East Bay Twp (28003)

Zoning Multi-Family

Interior

Interior Features Cathedral/Vaulted Ceiling

Heating Baseboard

Appliance Dishwasher, Freezer, Microwave, Range/Oven, Refrigerator

Exterior

Garage Attached Garage

Waterfront No

Building

Story 2 Story

Foundation Crawl

Water Private Well

Schools

School District Traverse City Area Public Schools

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Five Star Real Estate - Front St TC
Bought with REO-TCFront-233021

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Scott Clay

Broker/Owner | License ID: 6502432343

+1(989) 332-1712

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