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Additional details

Larry Else

larry@dtrdetroit.com +1(313) 315-3215

$ 399,000

Est. payment -/mo

Save

Active Under Contract

132 Ames ST Elk Rapids, MI 49629

3 Beds

2 Baths

1,344 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,344 sqft

Price per Sqft $296

Subdivision Rankins Add To East Elk Rapids

MLS Listing ID 78080063546

Style Ranch

Bedrooms 3

Full Baths 2

Year Built 1996

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type SingleFamilyResidence

Property Description

Outstanding investment opportunity in the Village of Elk Rapids. This well-maintained 1,670 sq. ft. multi-use commercial property offers high visibility in a strong traffic corridor with municipal water/sewer, paved parking, and energy-efficient systems, including natural gas forced air heat and central air. it is ideal for office, retail, or a live-work setup, all within walking distance to schools, the grocery store, golf course, and downtown waterfront attractions. The front unit is approximately 1,120 sq. ft. and features 3 bedrooms, 1 bath, and in-unit laundry. It can be used commercially or residentially, creating numerous income strategies for an owner-operator or investor. The back unit is a fully furnished 550 sq. ft. efficiency apartment with 1 bedroom, 3/4 bath, kitchen, and its own washer and dryer. This unit includes an existing short-term rental permit, making it immediately ready for STR income, or it may be used as a long-term rental. Both units can also be reconnected if a future buyer prefers a single-family home layout. Plenty of parking with 10 paved spaces, plus a partially fenced outdoor space in the backyard. The home is both stick-built and BOCA. Two of the bedrooms do not have closets. It has a beautifully landscaped yard with a sprinkler system and drip lines in the flower beds. Proximity to multiple recreation areas adds more appeal: Elk Lakes Rotary Park and boat launch are just one mile south, Damn Beach and East Bay are a mile west with over 1,100 ft. of sandy shoreline, and Bass Lake is one mile north for fishing and outdoor enjoyment. Live, work, rent, or operate - this versatile investment in a desirable Lake Michigan community checks all the boxes.

Location

State MI

County Antrim

Area Area88111Elkrapidstwp

Rooms

Main Level, 9.0*11.0 Bedroom2

Main Level, 9.0*11.0 Bedroom1

Main Level, 14.0*11.0 LivingRoom

Main Level, 5.0*8.0 Laundry

Main Level, 6.0*10.0 Kitchen

Main Level, 11.0*12.0 Bedroom3

Main Level, 13.0*10.0 DiningRoom

Interior

Heating ForcedAir, NaturalGas

Cooling CeilingFans, CentralAir

Exterior

View Y/N No

Garage false

Building

Lot Description Sprinklers

Foundation CrawlSpace, Slab

Sewer SharedSeptic

Water Public

New Construction No

Schools

High Schools Elkrapids

School District Elkrapids

Others

Acceptable Financing Cash, Conventional, Trade1031Exchange

Listing Terms Cash, Conventional, Trade1031Exchange

Special Listing Condition Standard

Listed by Erica S Marshall of REO-TCFront-233021

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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