$1,295,000

115 N Michigan Avenue, Beulah, MI 49617

  • 9,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $144/sqft
  • Property List Date Icon Listed 10 months ago

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!

Listing Status:
Active
Listing Office:
Keller Williams Northern Michigan : 231-947-8200
Listing Agent:
Joe Van Antwerp : 231-631-5524
MLS ID:
1930777
  • General: OtherHigh Speed Internet
  • Appliances: RefrigeratorOven/RangeWasherDryer
  • A/C: ElectricMulti Units
  • Heating: Forced AirWall FurnaceFireplace(s)Natural Gas
  • Fireplace: Fireplace
  • Disability Feature: None
  • General: None
  • Parking: None
  • Roofing: Asphalt
  • General: Timber FrameWood Siding2Poured Concrete
  • HOA Amenities: Annually
  • Originating MLS: NGLRMLS API
  • School District: Benzie County Central Schools
  • County: Benzie
  • Zoning: EDEN BROOK CONDOMINIUMSBLK 27T26NR15WVILLAGE OF BEULAH Units 1-22 there are multiple tax IDs and legal descriptions (please see attached document).
  • Water: Public
  • Sewer: Public Sewer
  • Source: NGLRMLS API
  • Ownership: Private Owner

This listing courtesy of Joe Van Antwerp, Keller Williams Northern Michigan

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Crystal Lake Elementary School

7048 Severance St, Benzonia, MI, 49616

Grades KG-5

0.95 miles away

B

Benzie Academy

9222 Homestead Rd, Benzonia, MI, 49616

Grades 6-12

2.01 miles away

B

Benzie Academy

9222 Homestead Rd, Benzonia, MI, 49616

Grades 6-12

2.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.