4612 US-31 N, Acme Twp, MI 49686 - MLS#78080013327

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Jason Miller

jason@millerteamrealtors.com +1(248) 444-8774

$3,900,000

Est. payment - /mo

0.84 Acres Lot

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UPDATED:

12/08/2023 02:38 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Gold Coast Inn

MLS Listing ID 78080013327

Originating Board Aspire North REALTORS�

Year Built 1994

Lot Size 0.840 Acres

Acres 0.84

Lot Dimensions Irregular

Property Description

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. Fiber optic internet service is installed and ready! 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!

Location

State MI

County Grand Traverse

Area Acme Twp

Zoning Commercial

Rooms

Basement Other

Interior

Interior Features Elevator/Lift

Hot Water Other

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Waterfront no

Waterfront Description Lake/River Priv

Water Access Desc All Sports Lake

Porch Balcony, Deck, Patio

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Well (Existing)

Schools

School District Traverse City

Others

Pets Allowed Yes

Tax ID 0110902900

Ownership Private Owned

Acceptable Financing Cash, Trade/Exchange

Listing Terms Cash, Trade/Exchange

Financing Cash,Trade/Exchange

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Listed by Blake Bernard of REO-TCRandolph-233022

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Jason Miller

+1(248) 444-8774

Broker | Brerms:277398

Broker Brerms:277398

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