About This Home

This 0-bedroom, 0-bathroom townhouse at 123 N BAILEY STREET in Cheboygan, MI is listed for $359,000. on a N/A lot.

Listing Description

Historic charm and income potential come together at this impressive 6 unit brick building just a short walk from downtown Cheboygan. Offering approximately 7,500 square feet, the property features six potential rental units, a garage, and an additional office space that may offer further rental potential.

The solid brick construction, architectural character, and history within the Cheboygan community make this a truly distinctive property. Located within walking distance of downtown shops, restaurants, services, and the waterfront, the location adds to its appeal. Whether you are an investor looking to expand your rental portfolio or an owner seeking a unique property with income potential, 123 Bailey Avenue offers space, character, and opportunity in a desirable Cheboygan location.

Monthly Cost Estimate

$1,920/mo

20% down · 6.5% · 30 years

Principal$260
Interest$1,556
Insurance$105

Estimates only. Actual payments may vary.

Location

123 N BAILEY STREET

Cheboygan, MI 49721

Questions & Answers

This 0-bedroom, 0-bathroom townhouse at 123 N BAILEY STREET is listed at $359,000. The estimated monthly payment is $1,920 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

This property is listed by Billie Desy.

BD

Billie Desy

Agent at Coldwell Banker Schmidt Family Of Companies

Listed by Coldwell Banker Schmidt Family Of Companies · Broker phone: 2316279959 · Broker website

MLS# 201841352· Source: Coldwell Banker Schmidt REALTORS· 6 days on PropertySimple

Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

123 N BAILEY STREET, Cheboygan, MI 49721

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