4612 US-31 N

  • $3,900,000
4612 US-31 N, Traverse City, MI 49686
For Sale
4612 US-31 N, Traverse City, MI 49686
  • $3,900,000

Overview

Property ID: 1917936
  • Multi Family Home
  • Property Type
  • 12400
  • Sq Ft

Description

Completely unobstructed sunset views over East Grand Traverse Bay are enjoyed all year long at Gold Coast Inn! 26 cash-flowing units are for sale all together, each renting separately very well but with upside opportunity too! Each has it’s own keypad for entry, and the building is keypad secure as well. Being just East of downtown Traverse City, this property rents really well. The entire property has just been remodeled, each unit is fully furnished and turnkey, and the common areas on each floor look terrific. There is a large dining room and commercial kitchen on the main floor, lovely lobby entry area, an elevator, and a back porch on the main floor and an expansive front porch overlooking the bay on each floor. Fiber optic internet service is installed and ready! The Traverse Area Recreation Trail (TART) is just out the back door to ride all over the area, into Traverse City, up to Acme, or over to Suttons Bay! This investment is fully optimized and ready for you – this one’s tough to beat!

Details

  • Property ID: 1917936
  • Price: $3,900,000
  • Property Size: 12400 Sq Ft
  • Land Area: 0.84 Acres
  • Property Type: Multi Family Home
  • Property Status: For Sale
Updated on December 10, 2023 at 12:06 am
Listing Office : REO-TCRandolph-233022
Listing Member : Blake Bernard
  • Address 4612 US-31 N
  • Zip/Postal Code 49686

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