$129,900

463 w state street, cheboygan, MI 49721

Property Description
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

Information provided by Water Wonderland Board of REALTORS® ©2025
Listing information provided courtesy of the Water Wonderland Board of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.

This listing last updated: Tue, April 15, 2025 at 12:44:39 PM EDT

WWBMI Listing Data Last Updated on Thu, May 1 2025 at 8:26pm
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Property listed by:
Berkshire Hathaway HomeServices-Cheboygan
Call: (231) 420-8032

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