$499,900
For Sale

526 E Eighth Street

Traverse City, MI 49686
807 sqft | 0.18 acres | #78080055889
Browse 9 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Exceptional Income Opportunity in Downtown Traverse City! Located in the vibrant and growing neighborhood north of Boardman River, this versatile property features three units, two in the main building and one detached unit. Whether you're looking to convert it back into a spacious single-family home, live in one unit and rent the others, or maintain it as a turnkey investment property, the possibilities are wide open. Situated in a highly walkable area, you'll be just steps from West Grand Traverse Bay beaches, the TART Trail, Boardman River & Lake, the public library, and a host of downtown shops and restaurants. Don't miss your chance to invest in a location that’s thriving with tourism, development, and opportunity. D-2 zoning provides opportunities to develop property up to 20 units. Explore options for development with local authorities.

  • Property Details
      • SubdivisionHANNAH LAY & CO'S 5TH ADD
      • CountyGrandTraverse
      • Property TypeMulti-Family
      • School DistrictTraverseCity
      • Parcel Number285163401100
      • Sewer InformationPublicSewer
      • MLS #78080055889
      • Property SubtypeMultiFamily
      • MLS #78080055889
      • FoundationCrawlSpace
      • Original List Price$499,900
      • Utility SourcePublic
      • Cost499900
      • AppliancesOther
      • Acres0.18
      • Year Built1896
      • Square Feet807
      • Stories2
      • Days on Market (Cumulative)3

Location

Jessica WebleyReal Estate Group
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