MLS Public Remarks INCREDIBLE INCOME OPPORTUNITY!! This property located on the main road in Beulah boasts 18 individual CONDO units on the upper lever that is an immediate positive cash flow stream. Income from the upper floor covers expenses for the entire building! Another 9000 sq ft on the lower level waits your vision for increasing your income stream! Can be made into many things, additional condos, office space, retail, banquet facility, Corporate meeting events, you name it! This property is steps away Crystal Lake, close to many Northern Michigan amenities, including hiking, parks, boating, golfing, skiing, and many many more! Don't pass on this opportunity to add this property to your portfolio!!
http://www.www.johnstoneandjohnstone.com.com/1919785
Township Benzonia
Directions US 31 (Michigan Ave) in Beulah on the East side of the road
Fin Below Grd SqFt 0
Total Fin SqFt 18,000
Price/SqFt $72
Unfinished SqFt 0
Above Grade Finished SqFt 0
CDOM 270
Sub Property Type Multi-Family
Year Built 1935
Days on Market 67
Land Assessment -
Improvements -
Acreage 1.51
Taxes -
Tax Year -
Summer Taxes -
School District Benzie
Winter Taxes -
Lower Level Square Footage 0
Waterview N
Number of Units 18
Waterfront N
For Lease/Rent N
Waterfront Desc Creek/Stream/Brook
Est. Total Acres 1.51
Lot Dimensions Irregular
WaterFrontage
0
Heating Electric, Forced Air, Multiple Units, Natural Gas, Wall
Cooling Electric, Forced Air, Multiple Units, Natural Gas, Wall
Fireplace None
Water Municipal
Heating Electric, Forced Air, Multiple Units, Natural Gas, Wall
Garage 0.0
Basement details Poured Concrete
Sewer Municipal
Exterior Features None
Garage Desc None
Home Style 2 Story
Fireplace Description None
Additional Buildings None
Terms/Misc. 1031 Exchange, Cash, Conventional, Land Contract
Appliances Dryer, Oven/Range, Refrigerator, Washer
Possession Negotiable
Exterior Materials Wood
Status Change Date 03/05/2024
Listing Date 03/02/2024
Internet/IDX Y
Listing Office
Keller Williams Northern Michi
Office Address
830 E. Front St, Suite 110
Listing Number
1919785
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Wednesday, May 8, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.