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215 Seventh Street

Traverse City, MI 49684
  • $429,000
  • STATUS: Active
  • ON SITE: 78 Days
  • MLS #: 1892934
UPDATED: 59 min ago
$429,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,222
    SQFT
  • $133
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1880
County:

School Information

Description

Bring your investors! This location can't be beat on Seventh St. A block from Union and a half block from Central Grade Elementary School, walk to everything downtown. This property is income producing with long-term tenants. Electrical recently updated. Good sized units, hardwood floors in some units and beautiful oak trim.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-12-01T06:52:11.457.
www.housestraversecity.com/homes/121385527
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215 Seventh Street Traverse City, MI 49684

  • Price: $429,000
  • Status: Active
  • On Site: 78 Days
  • Updated: 59 min ago
  • MLS #: 1892934
0
Beds
0
Baths
0
½ Baths
0.19
Acres
3,222
SQFT
$133
$/SQFT
1880
Built
Neighborhood:
Hannah Lay
County:
Grand Traverse
Area:
Grand Traverse
Elementary School:
Central Grade School
Middle School:
Traverse City East Middle School
High School:
Central High School
School District:
Traverse City Area Public Schools
Property Description
Bring your investors! This location can't be beat on Seventh St. A block from Union and a half block from Central Grade Elementary School, walk to everything downtown. This property is income producing with long-term tenants. Electrical recently updated. Good sized units, hardwood floors in some units and beautiful oak trim.
Exterior Features

Additional Buildings None Construction Frame Exterior Features None Exterior Finish Asbestos Lot Dimensions 50X165 Primary Garage Alley EntranceAssigned Parking SpacesNone Road Public Maintained Roof Asphalt Water Features None

Interior Features

Appliances Equipment RefrigeratorOven/Range Apx Sqft A 700 Apx Sqft B 656 Apx Sqft C 1000 Bath A 1 Bath B 1 Bath C 1 Bath D 1 Bdrm A 2 Bdrm B 2 Bdrm C 2 Bdrm D 1 Fireplace And Stoves None Foundation BlockDaylight WindowsEntrance InsideEntrance OutsideFull Heating Cooling Type BaseboardHot WaterSteam Interior Features Walk-In ClosetsHardwood FloorsLaundry Hook-Up Sqft D 350

Property Features

Deeded Waterfront No Development Amenities None Documents On File Lbp DisclosureSellers Disclosure Gross Operating Income 34500 Heating Cooling Sources Natural Gas Included In Lease Exterior MaintenanceHeating/CoolingLiability InsuranceSewerSnow RemovalWater Lease Terms Year Lease Listing Agreement Type Exclusive Right To Sell Mineral Rights Unknown Monthly Income Amount A 800 Monthly Income Amount B 750 Monthly Income Amount C 750 Monthly Income Amount D 575 Net Operating Income 23350 Possession Subject To Tenants Right Property Type 4 - Plex Section Number 4 Sewer Municipal Style 2 Story Summer Taxes 7059.12 Terms 1031 ExchangeCashConventional Mortgage Total Operating Expense 11150 Township Traverse City Tv Service Internet Avail Cable TvWifi Type Of Ownership Private Owner Univs Design Barrier Free None Water Municipal Winter Taxes 577.61 Year Remodeled 2006 Zoning Use Restrictions Multi-Family

Listing information © 2021 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Coldwell Banker Schmidt-402: 231-922-2350.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-12-01T06:52:11.457.
 
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Team Dakoske | RE/MAX Bayshore
500 S. Union
Traverse City MI, 49684