316 Huron Street,Traverse City, MI 49686
Traverse City, MI 49686
Description
Excellent Investment Opportunity at the Base of Old Mission Peninsula! This well-maintained duplex offers outstanding income potential with a proven rental history and current gross rental income of $4,790 per month. The property features three income-producing units, providing flexibility for investors or those seeking an owner-occupied opportunity. The duplex can also be converted back to a single-family home. Unit A (Main Level) offers 3 bedrooms, 1 bath, and an attached two-car garage. Unit B (Upper Level) features 2 bedrooms, 1 bath, in-unit laundry, and a private deck. A separate, non-conforming Cottage (Unit C) includes 1 bedroom and 1 bath, creating an additional income stream. Ideally located in one of Traverse City's most desirable in-town neighborhoods at the base of Old Mission Peninsula, the property is just two blocks from East Bay Beach, with convenient access to Northern Michigan College, Eastern Elementary, Central High School, downtown Traverse City, shopping, restaurants, beaches, and the TART Trail. Whether you're looking to expand your investment portfolio or convert the duplex back to a single-family home, this is an exceptional opportunity in a highly sought-after location.
Details
| MLS # | 80070772 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1937 |
| Days On Site | 92 |
| Listing Provided By | REMAX Bayshore - Union St TC | Jennifer Gaston |
Features
| SQ Feet | 1,240 |
|---|---|
| Story(s) | 2 |
| Units | 3 |
| Zoning | Multi-Family,Residential |
| Acreage | 0.34 |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Heating Yes / No | Yes |
| Heating | Wall Furnace, Baseboard, Hot Water |
| Appliances | Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, Gas Water Heater |
Exterior
| Construction Materials | Aluminum Siding, Wood Siding |
|---|---|
| Foundation Details | Slab |
Parking
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | Yes |
| Parking Features | Garage |
Other
| List Aor | Aspire North REALTORS |
|---|
Area Information
| State | MI |
|---|---|
| County | Grand Traverse |
| City | Traverse City |
| Zip Code | 49686 |
| Area | Traverse City (28021) |
| School District | Central High School |
| Elementary School | Eastern Elementary School |
| High School | Central High School |
| Listing VS Median (in 49686) | |
Price: $510,000 low | high Med: $337,000 sqft: 1,240 low | high Med: 961 $ / sqft: $411 low | high Med: $351 On site: 92 low | high Med: 71 | |
Market Activity 49686
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Learn More About This Property
| State | MI |
|---|---|
| County | Grand Traverse |
| City | Traverse City |
| Zip Code | 49686 |
| Area | Traverse City (28021) |
| School District | Central High School |
| Elementary School | Eastern Elementary School |
| High School | Central High School |
| Listing VS Median (in 49686) | |
Price: $510,000 low | high Med: $337,000 sqft: 1,240 low | high Med: 961 $ / sqft: $411 low | high Med: $351 On site: 92 low | high Med: 71 | |
