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115 N Michigan Avenue

Beulah, MI 49617
  • $1,300,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 1919785
$1,300,000
  • 0
    BEDS
  • 1.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,000
    SQFT
  • $72
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1935
County:
Area:

School Ratings & Info

Description

INCREDIBLE INCOME OPPORTUNITY!! This property located on the main road in Beulah boasts 18 individual CONDO units on the upper lever that is an immediate positive cash flow stream. Income from the upper floor covers expenses for the entire building! Another 9000 sq ft on the lower level waits your vision for increasing your income stream! Can be made into many things, additional condos, office space, retail, banquet facility, Corporate meeting events, you name it! This property is steps away Crystal Lake, close to many Northern Michigan amenities, including hiking, parks, boating, golfing, skiing, and many many more! Don't pass on this opportunity to add this property to your portfolio!!

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2024 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2024-04-03T23:52:00.493.
www.brickcorbett.com/homes/148218312
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115 N Michigan Avenue Beulah, MI 49617

  • Price: $1,300,000
  • Status: Active
  • On Site: 44 Days
  • MLS #: 1919785
0
Beds
0
Baths
0
½ Baths
1.51
Acres
18,000
SQFT
$72
$/SQFT
1935
Built
Neighborhood:
Eden Brook Condominiums
County:
Benzie
Area:
Benzie
School District:
Benzie County Central Schools
Property Description
INCREDIBLE INCOME OPPORTUNITY!! This property located on the main road in Beulah boasts 18 individual CONDO units on the upper lever that is an immediate positive cash flow stream. Income from the upper floor covers expenses for the entire building! Another 9000 sq ft on the lower level waits your vision for increasing your income stream! Can be made into many things, additional condos, office space, retail, banquet facility, Corporate meeting events, you name it! This property is steps away Crystal Lake, close to many Northern Michigan amenities, including hiking, parks, boating, golfing, skiing, and many many more! Don't pass on this opportunity to add this property to your portfolio!!
Exterior Features

Additional Buildings None Construction Timber FrameBlock Exterior Features None Exterior Finish Wood Lot Dimensions Irregular Primary Garage None Road Public Maintained Roof Asphalt Water Features Creek

Interior Features

Appliances Equipment RefrigeratorOven/RangeWasherDryer Fireplace And Stoves None Foundation Poured Concrete Heating Cooling Type Forced AirWall Interior Features Other

Property Features

Deeded Waterfront No Development Amenities None Documents On File Sellers DisclosureLBP DisclosureMaster Deed Heating Cooling Sources Natural GasElectricMultiple Units Included In Lease Not For Lease Lease Terms Not For Lease Listing Agreement Type Exclusive Right to Sell Mineral Rights No Possession Negotiable Property Type CondominiumSite Condo Section Number 23 Sewer Municipal Style 2 Story Terms Conventional MortgageCash1031 ExchangeLand Contract/PMM Township Benzonia Tv Service Internet Avail Cable Internet Type Of Ownership Private Owner Univs Design Barrier Free None Water Municipal Zoning Use Restrictions ResidentialMulti-FamilyCommercialDeed RestrictionsBuilding-Use RestrictionsRental History

Listing information © 2024 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Keller Williams Northern Michi: .



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2024 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2024-04-03T23:52:00.493.
 
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