Homes for sale - 918 W Third Street, Traverse City, MI 49684

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Xsell Realty

info@xsellrealty.net +1(517) 266-4661

$1,625,000

Est. payment - /mo

550 SqFt

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UPDATED:

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: â€¢ 7 fully leased condos â€“ strong rental history â€¢ Desirable location near downtown, West Bay, hospital, and amenities. â€¢ On-site parking and private storage for most units â€¢ Professionally managed â€“ hassle-free ownership â€¢ Excellent long-term investment potential â€¢ Flexible exit strategy: hold for cash flow, sell individually, or owner-occupy in the future. Opportunities like this are rare in Traverse Cityâ€™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

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

Listed by @properties Christie's Int'l

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Xsell Realty

+1(517) 266-4661

Office | License ID: 98512497576

Office License ID: 98512497576

918 W Third Street Traverse City, MI 49684

Xsell Realty

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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918 W Third Street