532 Terrace Drive, Traverse City, MI 49686

$349,000 Asking Price

3 beds
3 baths
1,700  sqft
Built in 1955

Welcome to this great opportunity to create your dream home in downtown Traverse City! This 3-bedroom, 2.5 bath boasts incredible potential with a spacious layout, prime location, and a large yard. Nestled near the vibrant downtown area, youll be just minutes away from local shops, dining, and cultural attractions. With 3 bedrooms and 2.5 bathrooms, theres ample room to reimagine and customize to your taste. Bring your vision and renovation ideas to this property and transform it into a modern gem while preserving its unique charm. Enjoy a large private backyard, perfect for relaxing or entertaining. Whether you're looking to renovate and flip or create your forever home, this property offers a fantastic investment opportunity.


Features & Amenities

Interior

Appliances:
Dishwasher, Dryer, Microwave, Oven, Refrigerator, Range, Washer
Basement:
Block, Daylight, Full
A/C:
Central air
Heating:
Forced air, Natural gas
Fireplace:
Gas, Fireplace

Exterior

General:
Sheds
Style:
Ranch
Other Structures:
Deck
Parking:
Two car garage, Attached, Garage

Construction

Windows:
Egress windows
General:
Vinyl siding, One, Basement, Block

Location

Originating MLS:
Aspire North REALTORS
School District:
Traverse city
County:
Grand traverse

Lot

Zoning:
LOT 110 2ND ADD TO CROMWELL TERRACE, 285153403900

Utilities

Water:
Public
Sewer:
SharedSeptic

Financial

Source:
Aspire North REALTORS

This listing courtesy of:
EXIT Realty Paramount, Kyle Jean

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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