4612 US-31 N Active Save Request In-Person Tour Request Virtual Tour
Acme Twp,MI 49686
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Gold Coast Inn
MLS Listing ID 78080013327
Year Built 1994
Lot Size 0.840 Acres
Property 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!
Location
State MI
County Grand Traverse
Area Acme Twp
Zoning Commercial
Interior
Hot Water Other
Heating Forced Air
Exterior
Pool No
Waterfront no
Waterfront Description Lake/River Priv
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Well (Existing)
Schools
School District Traverse City
Others
Acceptable Financing Cash,Trade/Exchange
Listing Terms Cash,Trade/Exchange