About 115 N Michigan
Great income opportunity with immediate, positive cash flow and lots of redevelopment potential to dramatically increase revenue even further. Located in the popular vacation destination of Beulah, Eden Brook Place boasts 18 individual units on the upper level currently leased as long-term but can easily be converted to short-term as well. Another 9,000 square feet on the lower level is currently gutted and ready for your vision: additional condos, office space, retail, banquet facility, corporate meeting events, etc. Architectural plans for additional rental units are included in the sale. It's ideal location is steps away Crystal Lake and close to many amenities including hiking, parks, boating, golfing, skiing, and many more!
Features of 115 N Michigan
| MLS® # | 78080054160 |
|---|---|
| Price | $1,295,000 |
| Bathrooms | 0.00 |
| Acres | 0.31 |
| Year Built | 1935 |
| Type | Multifamily |
| Status | Active Under Contract |
Community Information
| Address | 115 N Michigan |
|---|---|
| Area | 93061 - Benzonia Twp |
| Subdivision | EDEN BROOK CONDOMINDIUMS |
| City | Benzonia township |
| County | Benzie |
| State | Michigan |
| Zip Code | 49617 |
Amenities
| Is Waterfront | No |
|---|---|
| Waterfront | Creek |
| Has Pool | No |
Interior
| Appliances | Dryer, Oven, Refrigerator, Range, Washer |
|---|---|
| Heating | Electric, Forced Air, Natural Gas, Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
Exterior
| Construction | Wood Siding |
|---|
School Information
| District | Benzie County Central |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Northern Michigan |
|---|---|
| Contact Info | joevsellstc@gmail.com |