Here's your chance to own a prime investment property in the heart of downtown Cheboygan. This property features three one-bedroom units, offering excellent rental potential. While some updates are needed, the current owner has had no trouble keeping the units rented, highlighting strong demand in the area. The property has a new boiler and an updated electric panel, adding to its appeal. Located just a short walk from Main Street, this property offers easy access to local shops and dining. Enjoy the beautiful Cheboygan River, City Beach, and the popular bike/snowmobile trail, all just steps away. With its ideal location and potential for upgrades, this property is a great investment opportunity in a sought-after area.
General Information
Price: $129,900
Price/SqFt: $104
Status:
MLS#: 201832732
City: cheboygan
Post Office:
Schools: cheboygan area
County: Cheboygan
Subdivision: t38n r1w
Acres: 0
Lot Dim: 92 x 68 x 70 x 72 x 44
Bedrooms:
Bathrooms:
Size: 1,254 sq.ft.
Property Type: Multi-Family
Style: Two Story
Features & Room Sizes
Exterior: Paved Street,Wood
Cooling: None Heating: Baseboard,Hot Water,Natural Gas
Tax, Fees & Legal
Listing Courtesy of: Billy Jewell of Berkshire Hathaway HomeServices-Cheboygan