Beulah, MI 49617,115 N Michigan Avenue
Beulah, MI 49617,115 N Michigan Avenue
Beulah, MI 49617,115 N Michigan Avenue
Beulah, MI 49617,115 N Michigan Avenue
Beulah, MI 49617,115 N Michigan Avenue
Beulah, MI 49617,115 N Michigan Avenue
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$ 1,295,000
Est. payment | /mo

0.31 Acres Lot


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$ 1,295,000
Est. payment | /mo
Save

0.31 Acres Lot

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

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Keller Williams Northern Michi
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Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

42094 Garfield Rd, Clinton Twp, MI, 48038, USA

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115 N Michigan Avenue