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28
Photos
8870 E Fouch Road, Traverse City, MI 49684
$399,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
1
bath
1,093
sqft
Built in
1948
This immaculately renovated home in Elmwood Township is a dream opportunity for retirees, vacation homeowners, or savvy investors. Sold "as is" and fully furnished, this turnkey property boasts a spacious backyard garage ripe for conversion (think game room for the kids or workshop for the woodworker). Outdoors, you'll find yourself just moments away from the scenic Leelanau Trail, Deyoung Natural Area, and numerous wineries. The property boasts a generous 2-car garage, a charming fire pit, and a income producing property. Maximize your investment returns with a proven turnkey rental property. Fully furnished and completely renovated, ready to welcome guests immediately. The property also offers a detached building which is ideal for an ADU conversion, which could potentially double your rental income. Rental income history upon request. Close access to hiking trails, the Leelanau Trail, and public access to the boat launch on Cedar Lake adventure is practically on your doorstep. Just a stone's throw away, downtown Traverse City, Farm Club, and Suttons Bay awaits. Plus, Elmwood Township allows short-term rentals with a permit, adding enticing versatility to this remarkable property.
Features & Amenities
Interior
- General:
- Walk in closets
- Appliances:
- Dishwasher, Dryer, Freezer, Oven, Refrigerator, Range, Washer
- A/C:
- Ceiling fans
- Heating:
- Forced air, Natural gas
Exterior
- General:
- Second garage
- Style:
- Ranch
- Other Structures:
- Deck
- Parking:
- Two car garage, Detached, Garage
Construction
- General:
- Vinyl siding, One, Crawl space
Location
- Originating MLS:
- Aspire North REALTORS
- School District:
- Traverse city
- County:
- Leelanau
Lot
- Zoning:
- L315 P458-461 L457 P185/97 DC L718 P774 PRT OF NE 1/4 OF SE 1/4 SEC 18 COM @ NW COR TH E 208.71 FT TH S 122.08 FT TO R/W PUBLIC RD TH S 59D 45' E ON R/W 549.64 FT TO POB TH S 59D 45' E ON R/W 50 FT TH S 30D 15' W 200 FT TH N 59D 45' W 50 FT TH N 30D 15' E, 4500401802100
Utilities
- Water:
- Well
Financial
- Source:
- Aspire North REALTORS
This listing courtesy of:
Five Star Real Estate - Front St TC, Marissa Wege
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Traverse City, MI
Housing
- Number of Units
- 37,647
- Median Home Value
- $253,583
- Median Rent
- $889
24.77% of housing units are renter occupied.
11.10% are vacant.
Commute
- Car
-
80.96%
- Public Transportation
-
1.36%
- Walk to Work
-
2.46%
- Work from Home
-
13.26%
- Other
-
0.48%
The median travel time to work is 18 minutes.
People
- Population
- 75,364
- Median Age
- 43.50
- Median Household Size
- 2.53
Education
- High School
-
20.97%
- Associate’s Degree
-
9.01%
- Bachelor’s Degree
-
26.84%
- Graduate Degree
-
15.71%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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