# 123 N BAILEY STREET, Cheboygan, MI 49721 > **TL;DR:** townhouse, $359,000. Est. $1,920/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $359,000 | | Property Type | Townhouse (Single Family Attached) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,815 | | Estimated Insurance | $105 | | **Total** | **$1,920** | ## Nearby Schools - **Elementary:** CHEBOYGAN ## Description ### Agent 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. ## Location - **Address:** 123 N BAILEY STREET, Cheboygan, MI 49721 - **County:** Cheboygan County - **Coordinates:** 45.6448106, -84.4803728 - **Google Maps:** https://www.google.com/maps?q=45.6448106,-84.4803728 ## Listing Agent - **Name:** Billie Desy - **Brokerage:** Coldwell Banker Schmidt Family Of Companies - **Broker Phone:** 2316279959 ## Photos ![123 N BAILEY STREET - Photo 1](http://lh.rdcpix.com/8ce0602bcb3d4e42dd7c0037019bd852l-f1762376239r.jpg) ![123 N BAILEY STREET - Photo 2](http://lh.rdcpix.com/8ce0602bcb3d4e42dd7c0037019bd852l-f3457594651r.jpg) ![123 N BAILEY STREET - Photo 3](http://lh.rdcpix.com/8ce0602bcb3d4e42dd7c0037019bd852l-f2085675158r.jpg) ![123 N BAILEY STREET - Photo 4](http://lh.rdcpix.com/8ce0602bcb3d4e42dd7c0037019bd852l-f1970262720r.jpg) ![123 N BAILEY STREET - Photo 5](http://lh.rdcpix.com/8ce0602bcb3d4e42dd7c0037019bd852l-f204102482r.jpg) ![123 N BAILEY STREET - Photo 6](http://lh.rdcpix.com/8ce0602bcb3d4e42dd7c0037019bd852l-f2966972196r.jpg) ![123 N BAILEY STREET - Photo 7](http://lh.rdcpix.com/8ce0602bcb3d4e42dd7c0037019bd852l-f3313083876r.jpg) ![123 N BAILEY STREET - Photo 8](http://lh.rdcpix.com/8ce0602bcb3d4e42dd7c0037019bd852l-f3530553444r.jpg) ![123 N BAILEY STREET - Photo 9](http://lh.rdcpix.com/8ce0602bcb3d4e42dd7c0037019bd852l-f3697160776r.jpg) ![123 N BAILEY STREET - Photo 10](http://lh.rdcpix.com/8ce0602bcb3d4e42dd7c0037019bd852l-f2756088332r.jpg) ![123 N BAILEY STREET - Photo 11](http://lh.rdcpix.com/8ce0602bcb3d4e42dd7c0037019bd852l-f279908266r.jpg) --- **MLS#:** 201841352 | **Updated:** 2026-10-20 **Source:** listhub *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.* [View on PropertySimple](https://staging.propertysimple.ai/listing/123-n-bailey-street-cheboygan-mi-49721-ab361abd57504f699d934101233819e6) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/123-n-bailey-street-cheboygan-mi-49721-ab361abd57504f699d934101233819e6#listing", "url": "https://staging.propertysimple.ai/listing/123-n-bailey-street-cheboygan-mi-49721-ab361abd57504f699d934101233819e6", "name": "123 N BAILEY STREET, Cheboygan, MI 49721", "description": "Historic charm and income potential come together at this impressive 6 unit brick building just a short walk from downtown Cheboygan. 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