Premier downtown Traverse City location and prime nightly rental property. Perfectly located only blocks away from the Grand Traverse Bay, and downtown shopping and restaurants. This home is commercially zoned which allows for future development and flexibility if desired. The property comes fully furnished with a modern urban feel and is prepared and arranged to be used as a rental property with 4 separate units. Each of the 4 units has separate entries with varying layouts to maximize rental needs; unit 1 is a studio, unit 2 has one bedroom, and units 3 & 4 both have two bedrooms. All units can open from the inside as well for combined larger groups. Each unit includes a kitchen and 1 bathroom. This property has an excellent rental history and is completely turnkey and ready for guests.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
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Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.