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Listed by Billy Jewell • Berkshire Hathaway HomeServices-Cheboygan • [email protected]
$134,900
Est. payment /mo
3 BD
4 BA
1,254 SqFt
Active
463 W State ST Cheboygan, MI 49721
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UPDATED:
12/04/2024 04:32 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,254 sqft
Price per Sqft $107
Subdivision T38N R1W
MLS Listing ID 201832732
Style Two Story
Bedrooms 3
HOA Y/N No
Property Description
Here's your chance to own a prime investment property in the heart of downtown Cheboygan. This property features three one-bedroom units, offering excellent rental potential. While some updates are needed, the current owner has had no trouble keeping the units rented, highlighting strong demand in the area. The property has a new furnace and an updated electric panel, adding to its appeal. Located just a short walk from Main Street, this property offers easy access to local shops and dining. Enjoy the beautiful Cheboygan River, City Beach, and the popular bike/snowmobile trail, all just steps away. With its ideal location and potential for upgrades, this property is a great investment opportunity in a sought-after area.
Location
State MI
County Cheboygan
Rooms
Basement Full Basement, Stone Foundation, Unfinished
Interior
Hot Water Gas
Heating Baseboard, Hot Water, Natural Gas
Appliance GasRange/Oven, Refrigerator
Exterior
Garage No
Building
Water Municipal
Structure Type Paved Street,Wood
Schools
Elementary Schools Cheboygan
High Schools Cheboygan
School District Cheboygan Area
Others
Energy Description Master
Acceptable Financing Cash, Conventional Mort
Listing Terms Cash, Conventional Mort