About 115 N Michigan Avenue
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!!
Features of 115 N Michigan Avenue
| MLS® # | 1919785 |
|---|---|
| Price | $1,300,000 |
| Square Footage | 18,000 |
| Acres | 1.51 |
| Year Built | 1935 |
| Type | Multi-Family |
| Sub-Type | 2 Story |
| Status | Active |
| Association | Eden Brook Condominiums |
Community Information
| Address | 115 N Michigan Avenue |
|---|---|
| Subdivision | Eden Brook Condominiums |
| City | Beulah |
| County | Benzie |
| State | Michigan |
| Zip Code | 49617 |
Amenities
| Utilities | WATER: Municipal SEWER: Municipal |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Waterfront | Creek |
| Has Pool | No |
Interior
| Interior Features | Other |
|---|---|
| Appliances | Refrigerator, Oven/Range, Washer, Dryer |
| Heating | Natural Gas, Electric, Forced Air, Multiple Units, Wall |
| Has Basement | No |
| Basement | Poured Concrete |
| Fireplace | No |
| Fireplaces | None |
Exterior
| Exterior | Wood |
|---|---|
| Exterior Features | None |
| Lot Description | Irregular |
| Roof | Asphalt |
| Construction | Timber Frame, Block |
School Information
| District | Benzie County Central Schools |
|---|
Additional Information
| Date Listed | March 2nd, 2024 |
|---|---|
| Days on Market | 56 |
| Zoning | Residential, Multi-Family, Building-Use Restrictions, Deed Restrictions, Rental History, Commercial |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Northern Michi |
|---|