316 Huron Street, Traverse City, MI 49686
316 Huron Street, Traverse City, MI 49686
316 Huron Street, Traverse City, MI 49686
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Kyle O'Grady

Kyle O'Grady

+1(231) 499-9999
Listed by  REMAX Bayshore - Union St TC
$550,000
Est. payment /mo
3 Baths
2,636 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 2,636 sqft

Price per Sqft $208

MLS Listing ID 1947705

Year Built 1937

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Multi Family

Property 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.

Location

State MI

Interior

Interior Features Entrance Foyer, Mud Room, Drywall, High Speed Internet, Cable TV, WiFi

Heating Hot Water, Baseboard, Wall Furnace, Natural Gas

Fireplaces Type None

Fireplace false

Appliance Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Gas Water Heater

Exterior

Exterior Feature None

Community Features None

Waterfront Description Public

Roof Type Asphalt

Garage false

Building

Story Two

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Eastern Elementary School

Middle Schools Traverse City East Middle School

High Schools Central High School

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Nearby Locations

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Kyle O'Grady

Kyle O'Grady

+1(231) 499-9999

Team Leader, REALTOR® | License ID: 6501407456

Team Leader, REALTOR® License ID: 6501407456

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