V/L 1.26AC Townline,Cheboygan, MI - $100,000

MLS# 201838333 Property Type: Land

Description

±1.26 AC zoned R-M, ideal for townhome or low-rise apt development in a market with documented rental shortages. A MSHDA-supported 2024 Housing Needs Assessment identifies Cheboygan County with a 400+ unit rental gap over the next 5 yrs & multifamily vacancy near 0%. Municipal water, sewer & natural gas available. Located near major retailers including Walmart Supercenter & Tractor Supply Co., plus local services & employment. Adjacent to the North Eastern State Trail, supporting a lifestyle-oriented residential product attractive to long-term renters & investors.

Details

• Type : Land
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• Acres : 1.26
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• Waterfront : No
• Frontage : Array

• School : Cheboygan Area
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• County : Cheboygan
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Listing Provided Courtesy of - The TEAM Real Estate Group

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