Traverse City, Seven-unit Apartment Property With Great

710 Centre Rd Traverse City, MI 49686
Price:
$0.00
Address:
710 Centre Rd
City:
Traverse City
State:
MI
Zip:
49686
Bedrooms:
0
Bathrooms:
Seven-unit apartment property with great in-town location just off Woodmere and close to Boardman Lake Trail. Each unit is approximately 980 sf and includes a spacious first floor living area with polished concrete floor and high beamed ceiling, loft bedroom and washer/dryer. Tenants pay individually metered utilities. Units work well for live-work, and C-2 zoning allows for commercial rental of units. Seller has two Traverse City Vacation Home Rental licenses for short term rentals. These two units have been outfitted and decorated to achieve “Super Host” status with turnkey furnishings and keyless entry included. Excellent condo conversion opportunity. Completely renovated in 2016 to include new roof, HVAC, and appliances. Offered at a 6.7% cap rate with room to further increase rents/revenue.
Extra Information for 710 Centre Rd Traverse City, MI 49686
  • Category: Apartments for Rent
  • Square Feet: 980
  • Amenities: Washer Dryer
  • Listed Date: Apr 02, 2023
The Property "Traverse City, Seven-unit apartment property with great" located at 710 Centre Rd,Traverse City / MI. The size of Apartments for Rent is 980 sqt. It has 0 beds & baths.The available amenities for this property are --Washer Dryer.
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