811 S Union Street | Traverse City, MI 49684

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Description

Location, Location, Location! Zoned Residential (R-1b) but grandfathered in for a triplex - 3 units include: upper unit, 1 bedroom 1 bath, kitchen & living room. Rents for $675. Middle unit: 2 bedroom (one on the main floor and one upstairs) Kitchen & dining room with hardwood floors, spacious living room. This unit has the convenience of the use of the 2 car detached garage accessed off the alley. Rents for $1, 400. Basement unit: 1 bedroom 1 bath, kitchen and living room. Rents for $875. Rental agreement ends May 31st 2019. All units have access to the laundry facilities that are located in the basement. Utilities are included in the current rent (excluding cable). Occupancy is subject to tenants rights. Investors and tenants will love the proximity to everything. Property could possibly be converted into a single family residence or live in one and keep one or two separate entrances as rentals and help pay the mortgage. Awesome spot downtown Traverse City located on S. Union St. Close to all of the shops, restaurants, theater and beaches. Prime spot for the Cherry fest parade as you sit on the covered porch.

Directions

South Union Street, between Eleventh and Twelfth Streets.

Disclaimer

Copyright © 2020 Northern Great Lakes Realtors (NGLR) Listing provided by Northern Great Lakes Realtors (NGLR). The information in this listing was gathered from third-party sources including the seller. Home Waters LLC its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Property Listed By

Reo-tc/front. 511 E Front Street Traverse City, MI 49686

Property Sold By

Coldwell Banker Schmidt-522. 522 E Front St Traverse City, MI 49686

Real estate evaluation can be a very subjective measure. These properties were chosen based on a simple series of objective numbers and may not actually be very similar to the property being searched. Contact a professional REALTOR for assistance in evaluating any given property.

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  • Listing Image Favorite

    Status: Sold Co-op Member

    4769 Kodiak Drive Traverse City MI 49685
    • Bedrooms 4
    • Bathrooms 3
    • Square Feet 2,680
    • Waterfront 0′
    • Body of Water:
    • Status: Sold Co-op Member
    • Type: Residential
    • Acres: 0
    $340,000Details

About Old Town

The Old Town Neighborhood in Downtown Traverse City is a unique residential area with many local corner shops, markets, cafés, and more tucked away inside of it - this neighborhood is highly-desired.   

Plus, Old Town neighborhood has the TART trail running right through it!   

Historically, commercial industry has operated in Old Town, and many neighborhood retail stores and markets remain.  Visit Oryana Natural Foods Market, a much-larger-than-expected cooperative grocery store with ready foods, produce, and natural and organic foods of many flavors and cultures.  Deering's Market and Deli, Old Town Playhouse, Blue Tractor, and more are here and ready to be explored!

Year Units Sold Total Volume Average Sale High Sale Low Sale
2017 40 $13,093,431 $327,336 $589,000

$210,000

2018 17 $4,898,200 $288,129 $587,400 $140,000
2019 4 $10,879,900 $253,021 $436,000 $150,000