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115 N Michigan Avenue, Benzonia Township, MI 49617
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$1,295,000
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Home Details for 115 N Michigan Avenue
Price
$1,295,000
Type
Multi Family
Year Build
1935
Lot Size
0.31
County
Benzie
Basement
Concrete
MLS®️ Listing#
78080054160
On exitrealty.com
268 days
Property Description
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!
- Heating Information
- Electric
- Forced Air
- Natural Gas
- Wall Furnace
- Waterfront and Water Access
- Creek
- Cooling Information
- Wall/Window Unit(s)
- Water Features
- Public
- Basement
- Concrete
Listing Courtesy: Keller Williams Northern Michi - 231-947-8200
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$1,295,000
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EXIT REALTY GROUP
489 W Nepessing Street, Lapeer, MI 48446