918 W Front Street new Save Request In-Person Tour Request Virtual Tour
Traverse City,MI 49684
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 550 sqft
Price per Sqft $2,954
MLS Listing ID 80062186
Year Built 2017
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 40x190
Property Sub-Type Multi-Family
Property Description
Exceptional opportunity to own 7 fully rented condo units in an unbeatable location just minutes from downtown Traverse City! Situated close to West Bay, Munson Medical Center, shopping, dining, and year-round recreation, these condos offer convenience, comfort, and consistent rental income. Each unit is currently leased and professionally managed, making this a turnkey investment with immediate cash flow. Whether you're looking to expand your real estate portfolio or enter the market with a solid income-producing asset, this package delivers. Property Highlights: • 7 fully leased condos – strong rental history • Desirable location near downtown, West Bay, hospital, and amenities. • On-site parking and private storage for most units • Professionally managed – hassle-free ownership • Excellent long-term investment potential • Flexible exit strategy: hold for cash flow, sell individually, or owner-occupy in the future. Opportunities like this are rare in Traverse City’s thriving real estate market. Contact us today for financials or to schedule a private showing.
Location
State MI
County Grand Traverse
Area Traverse City (28021)
Zoning Multi-Family,Residential
Rooms
Basement Egress/Daylight Windows,Poured,Finished,Full,Partially Finished
Dining Room Breakfast Nook/Room
Kitchen Breakfast Nook/Room
Interior
Interior Features Window Treatment(s)
Heating Wall Heat,Zoned Heating
Cooling Ceiling Fan(s),Wall/Window A/C
Appliance Dishwasher,Dryer,Freezer,Microwave,Range/Oven,Refrigerator,Washer
Exterior
Exterior Feature Stone
Parking Features Heated Garage
Building
Foundation Basement
Water Public Water
Structure Type Stone
Schools
School District Traverse City Area Public Schools
Others
Ownership Corporation
Energy Description Electric
Financing Cash,Exchange/Trade,Land Contract