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$650,000
Est. payment /mo
1,540 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,540 sqft
Price per Sqft $422
Subdivision Hannah Lay 6Th Add
MLS Listing ID 78080074659
Style Duplex
Year Built 1915
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type MultiFamily
Property Description
Well-designed side-by-side duplex in Traverse City’s Historic Central Neighborhood, just a few blocks from the heart of downtown. Each side offers approximately 1,540 sq ft, with a main-level bedroom/den and bath, plus 2 upstairs bedrooms, a full bath, and a sitting area. The full basement is accessible from within each unit and divided down the middle for added privacy and storage. Combined, the property features 6 bedrooms and 3.5 baths. Each side pays their own utilities directly, with separate electric, gas, and water/sewer meters for each unit. Both units share a two-car garage accessed from the alley, and the home sits on a spacious 50' Ã- 166' lot. Continue operating as an investment property duplex, live on one side and rent the other, or explore the potential to convert the duplex into a single family home or two-unit condominium. The Central Neighborhood location offers convenient access to downtown restaurants, coffee shops, shopping, entertainment, beaches, the TART Trail, schools, and nearby medical facilities. A unique opportunity close to everything that doesn’t come along very often!
Location
State MI
County Grand Traverse
Area Area28042Traversecity
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Flooring Hardwood
Fireplace No
Exterior
Parking Features Detached, Garage
View Y/N No
Building
Foundation Basement, Stone
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Traverse City
Others
Acceptable Financing Cash, Trade1031Exchange, VaLoan
Listing Terms Cash, Trade1031Exchange, VaLoan
Special Listing Condition Standard
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Listed by Jonathan Oltersdorf of Oltersdorf Realty, LLC
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