V/L 1.70AC Townline Rd & Stempky St,Cheboygan, MI - $150,000

MLS# 201838335 Property Type: Land

Description

±1.70 AC total (1.26 AC + 0.44 AC) zoned R-M, ideal for townhomes, duplexes & low-rise apts 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. Adjacent to the North Eastern State Trail and near major retailers incl Walmart Supercenter & Tractor Supply Co., plus shopping, services & employment. Parcels may be developed together or separately, offering flexibility for workforce or market-rate housing.

Details

• Type : Land
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• 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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