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4612 Us-31 N, Traverse City, MI 49686

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4612 Us-31 N, Traverse City, MI 49686
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Comments for 4612 Us-31 N, Traverse City, MI 49686

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. 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!

$4,000,000.00

Estimated Monthly Payment: $16,443.96 (including taxes & insurance estimates)

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Property Details

City: Traverse CityProperty Type: Multi Unit - Multiple
Subdivision: MILot Size: 0.84 Acres
School District: Traverse City Area Public SchoolStatus: Active
Year Built: 1994MLS#: 1902748

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Property Features

Property Type: Multi Unit - MultipleLot Size: 0.84 Acres
Appliance(s)/Equipment: All Units the Same, Blinds, DrapesOutbuilding(s): Yes
Construction: FrameRoad: Public Maintained, Concrete
Days on Market: 25Roof Type: Asphalt
Exterior: Bay View, Deck, Patio, Balcony, GuttersSewer: Municipal
Garage/Parking: Over 1 Space per UnitWater: Private Well
Heating/Cooling: Forced Air, Ductless A/CWater Features: Water View, Great Lake, All Sports, Bay View
Heating/Cooling Source: Natural GasWaterfront Type: No
Home Style: 2+ Stories, 2+ StoriesYear Built: 1994
Interior: Solid Surface CountersYear Remodeled: 2021
Lot Dimensions: 0.84 Acre(s) 

School Information

School District: Traverse City Area Public School

Listed By

Agency Name: Homewaters, LLC
Agency Phone: 877-820-1194

Shown By

Agency Title: Remerica Real Estate
Agency Phone: 734-459-4500

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