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40
Photos
812 Forest Ave Lot 5, Frankfort, MI 49635
$450,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
3
baths
2,035
sqft
Built in
1960
Welcome to this completely renovated triplex located in downtown Frankfort where you will find yourself blocks away from Lake Michigan. This property boasts three distinct apartments, providing unique rental opportunities for the future owners. Whether you are looking for your own home with additional rental income, an investment property for long term rental or short-term rental this home offers it all. Renovated in 2023 this home was converted into three apartments featuring brand new appliances, neutral paint and flooring throughout, private entrances, dishwashers, wash and dryer, air conditioning in each unit and newly paved driveway providing ample parking. The first apartment is located on the main floor and is a spacious two bedroom,1 bath with a large kitchen, living and dining room area. The second apartment is conveniently located on the main floor and known as the “garden apartment†and is a studio with a full size kitchen and full bathroom. The third apartment is located upstairs on the second floor and is a one bedroom with full kitchen, living room and bathroom. Each unit is thoughtfully designed and decorated with functional layouts and modern amenities, ensuring convenience and comfort for residents. With its prime location in the charming downtown of Frankfort, you and your guests can enjoy being blocks away from restaurants, quaint shops, schools, Betsie Bay, Betsie Valley Bike Trail and stunning Lake Michigan beaches. Whether you're looking for a primary residence with rental income potential or an investment opportunity, this triplex offers the perfect solution.
Features & Amenities
Interior
- General:
- Window Treatment(s)
- Appliances:
- Dishwasher,Disposal,Dryer,Range/Oven,Refrigerator,Washer
- Basement:
- Block,Interior Access
- Heating:
- Natural Gas, Other-See Remarks
Exterior
- General:
- Vinyl Siding, Porch,Sidewalks
Construction
- General:
- Crawl,Slab
Location
- Originating MLS:
- Aspire North REALTORS
- School District:
- Frankfort-Elberta Area Schools
- County:
- Benzie
Lot
- Zoning:
- West 1/2 of Lot 5, Block 25, Town & Harbor Frankfort, 51-010-266-00
Utilities
- Utilities:
- Cable Available
- Water:
- Public Water
- Sewer:
- Community
Financial
- Source:
- Aspire North REALTORS
This listing courtesy of:
Century 21 Northland-Frankfort, Kari King
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 Frankfort, MI
Housing
- Number of Units
- 3,551
- Median Home Value
- $233,086
- Median Rent
- $630
14.22% of housing units are renter occupied.
47.06% are vacant.
Commute
- Car
-
74.38%
- Public Transportation
-
1.54%
- Walk to Work
-
2.13%
- Work from Home
-
20.36%
- Other
-
1.59%
The median travel time to work is 18 minutes.
People
- Population
- 4,060
- Median Age
- 59.00
- Median Household Size
- 2.36
Education
- High School
-
28.94%
- Associate’s Degree
-
7.13%
- Bachelor’s Degree
-
23.18%
- Graduate Degree
-
18.78%
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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