About 2870 N Us 31 Highway
Income-producing 7-unit apartment property currently fully rented and operating as long-term efficiency apartments. The property offers an established rental history with seven efficiency-style units, on-site coin laundry and approximately 1.6 acres along US-31 in Levering. Commercial zoning and a convenient highway location add flexibility for an investor seeking an established income-producing property. Located along US-31 with convenient access to Pellston, Petoskey, Mackinaw City and surrounding Northern Michigan communities. An opportunity to acquire an established rental property with potential for future improvements and continued rental growth. Financial information available to qualified buyers upon request.
Features of 2870 N Us 31 Highway
| MLS® # | 480855 |
|---|---|
| Price | $269,000 |
| Bedrooms | 8 |
| Bathrooms | 14.00 |
| Full Baths | 7 |
| Half Baths | 7 |
| Square Footage | 2,800 |
| Year Built | 1950 |
| Type | Commercial |
| Sub-Type | Commercial/Industrial |
| Status | Active |
| Water Front/Water Access | Neither |
Community Information
| Address | 2870 N Us 31 Highway |
|---|---|
| City | Levering |
| County | Emmet |
| State | MI |
| Zip Code | 49755 |
Amenities
| Features | Refrigerator, Paved Roads |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Electric, LP Gas |
|---|---|
| Has Basement | No |
| Basement | Slab, None |
| Stories | One |
Exterior
| Lot Description | 100x575 irr |
|---|---|
| Windows | Insulated |
| Roof | Asphalt Shingle |
| Construction | Wood Frame |
School Information
| District | Pellston |
|---|
Additional Information
| Zoning | B-1 & FF-2 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Mandi Maghakian |
|---|---|
| Office | @properties Christie's International Real Estate - Petoskey |
| Contact Info | OFFICE: 231-881-9400 |