Water Views
Address
4612 Us-31 N, Traverse City, MI
Price
$ 3,900,000
Property Attributes
- MLS#1917936
- TypeMulti-Family
- CountyGRAND TRAVERSE
- CityTraverse City
- AreaGrand Traverse
- NeighborhoodAcme
- Zip49686
- Style2+ Stories
- Price$ 3,900,000
- Bedrooms26
- Full Bathrooms26
- Half Bathrooms0
- Sqr Footage12400
- Lot Size0.84 Acres
Data Source:
Northern Great Lakes REALTORS® MLS (NGLRMLS)
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!
| Price History | |
|---|---|
| 12/1/2023 | Listed $3,900,000 |
General Features
| Roof | Asphalt |
|---|---|
| Zoning | Commercial |
| Sewer | Municipal |
| Construction | Frame |
| School District | Traverse City Area Public Schools |
Interior Features
| Basement | Other |
|---|---|
| Interior Features | Solid Surface Counters |
Exterior Features
| Exterior Features | Bay View,Deck,Patio,Balcony,Gutters |
|---|---|
| Water Features | Water View,Great Lake,All Sports,Bay View |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 49686
Price
Visits
Year Built
Walkscore
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
