Additional details

Sandra Walus

walusrs@gmail.com +1(810) 923-4118

$610,000

Est. payment - /mo

1,559 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,559 sqft

Price per Sqft $391

MLS Listing ID 67026009446

Year Built 1920

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type MultiFamily

Property Description

Renovated duplex in a prime downtown Frankfort location just blocks from Lake Michigan, Betsie Bay, shopping, dining, and the attractions that make this area a strong draw for both year-round residents and visitors. With two separate 2-bedroom, 1-bath apartments, this property offers excellent flexibility for long-term rental income, short-term rental potential, or owner occupancy with added revenue from the second unit. Both units offer updated interiors with neutral finishes, new appliances, dishwashers, washers and dryers, air conditioning, and private entrances. The main floor unit includes a spacious kitchen, living area, and dining space, while the upper unit offers a full kitchen, dining space and comfortable living room. Functional layouts and modern updates help support rental appeal and ease of ownership. A turn-key option exists, making ownership easy!Strong rental history is available, making this a compelling opportunity for investors seeking an income-producing property in one of Northern Michigan's most desirable lake-town markets. (Seller currently has two STR permits with the City of Frankfort -https://www.frankfortmich.com/how_do_i/learn_about/short_term_rentals.php for details or contact the City of Frankfort 231-352-7117)

Location

State MI

County Benzie

Area Area93042Frankfort

Rooms

Basement Partial

Interior

Heating Baseboard, Electric, Hot Water, Natural Gas

Cooling Window Unit(s)

Fireplace No

Laundry InUnit

Exterior

Parking Features Gravel

Community Features Sidewalks

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected

View Y/N No

Roof Type Composition

Building

Lot Description Level

Sewer Public Sewer, Sewer At Street

Water Public

New Construction No

Schools

School District Frankfort Elberta

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Jon M Zickert of Real Estate One Beulah

Nearby School & Business

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Sandra Walus

+1(810) 923-4118

Broker Associate | License ID: 6502347609

Broker Associate License ID: 6502347609

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706 Forest AVE Frankfort, MI 49635

Sandra Walus

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information