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About This Home
This 0-bedroom, 0-bathroom residential multi family at 517 S OAK STREET in TRAVERSE CITY, MI is listed for $450,000 ($209 per sqft). Built in 1900, the home offers 2,158 sqft of living space on a 0.10 acres lot.
Well-located fourplex just a short walk from all the shops, restaurants, and amenities of downtown Traverse City, making it a highly desirable location for both current and future tenants. Each of the four units features 1 bedroom and 1 bathroom, with two units on the main level and two on the upper level, all with private entrances.
The property also offers a shared coin-operated laundry room in the basement for tenant convenience. Each unit is individually metered for gas and electric, providing the opportunity for a future owner to adjust utility responsibilities if desired. Each unit includes one parking space, and rents currently include utilities.
Utilities currently paid by the landlord include: electricity, natural Gas / propane, water & sewer, trash collection, recycling. This is a strong opportunity to own a well-positioned multi-unit property in one of Traverse City’s most walkable locations.
Key Features
- Built in 1900
- 0.10 acre lot
Property Details
Monthly Cost Estimate
$2,407/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
517 S OAK STREET
TRAVERSE CITY, MI 49684
Features & Amenities
Interior Features
Property Details
Heating
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 517 S OAK STREET is listed at $450,000 ($209/sqft). The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.10 acre lot. Interior Features: FREEZER, NONE, REFRIGERATOR.
This property is listed by Sarah Bailey and can be reached at 2313601099 or sarah.bailey@cbgreatlakes.com.
