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$75,000

MLS 469079
216 Duncan Cheboygan, MI 49721  
mls

This diamond in the rough has great income potential. Set in a residential area of Cheboygan but within walking distance to shopping, dining, the Cheboygan River and the Duncan Bay Nature Preserve including a 0.9 mile round trip nature trail leading to the shores of Lake Huron. Currently configured as a triplex, it offers a main floor 2BR/1BA unit, upper floor 1BR/1BA unit, and 2 story 1BR/1BA unit. The R-M zoning allows the option to convert to a single-family home, as preferred. With a firm foundation and sturdy frame, forced air furnace on natural gas, and city water and sewer, the major housing components are in place. Add the investment into mostly cosmetic renovations and these units can be bringing in income in no time!
Price $75,000 Zoning:  R-M
Area: Cheboygan Water: City Association: No
Sale or Rent: For Sale Ttl fin. Sqft: 1752 Lot Size: 60 x 120
Sewer: City Units: 3 Acres: 0.17

Features: Ceiling Fans,Range,Refrigerator
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Listing Provided Courtesy of:
Coldwell Banker Schmidt- Harbor Springs

Copyright 2020 Northern Michigan MLS (NMMLS)
Listing provided by EMMET and ACK Association of Realtors, database last updated Monday August 08, 2022
 
Direct Link:  https://reomich.com/petoskey/reopetoskey/multifamily/index.php?view=469079