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918 W Front St

Traverse City MI 49684

2
8308 sq. ft.
7841 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Rare opportunity to purchase 2 modern multi-family buildings in the slabtown neighborhood near downtown Traverse City. Built in 2017 each building contains 4 1-bedroom apartments, 1 studio and 1 penthouse apartment with a rooftop deck for a total of 12 units. One penthouse is 2 bedroom, 1.5 bath with a room that could be a third bedroom and that is plumbed for an additional bath. The other penthouse was built as the owner's personal residence and is 1 bedroom, 1.5 bath, with a second room that could be a bedroom and it is plumbed for an additional bath. Zoning allows for 3 of the 12 units to be short-term rentals providing upside income opportunity for the penthouse apartments and one of the 1-bedrooms. There are 10 parking spaces and street parking. The parking and sidewalks are heated for snow-melt.

Features

2 bathrooms
8308 sq. ft. floor area
7841 sq. ft. lot size
Multi-Family

Happy sellers in Traverse City

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We have insufficient information to provide an overview of customer satisfaction for Traverse City. Viewing the agent profiles, reviews and sales for Traverse City can provide insights for this location.

Local market activity for multi families in Traverse City

In the last 12 months, 5 multi families similar to 918 W Front St, have been sold.

This represents a 38% increase in multi families sales when compared to the previous 12 months.

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