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1157 N US-31 S, Traverse City, MI 49685
$439,900 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
2
baths
1,425
sqft
Built in
1953
A fantastic investment opportunity awaits with this multi-family property, offering the potential to generate monthly rental income. Situated on 8+ acres with views of Grand Traverse Bay, this property has been fully updated and is ready for its next owner. Recent improvements include a new metal roof, updated soffit and siding, a concrete parking pad, and new storm doors. Inside, you'll find modern cabinets, appliances, and some updated countertops. Located in desirable Garfield Township, only 10 minutes from downtown Traverse City and its many amenities!
Features & Amenities
Interior
- General:
- Cathedral Ceiling(s), Solid Surface Counters, Cable TV, WiFi
- Appliances:
- Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Propane Water Heater
- Laundry:
- Lower Level
- Basement:
- Walk-Out Access, Daylight, Egress Windows, Finished
- Flooring:
- Laminate
- Heating:
- true, Wall Furnace, Fireplace(s), Propane
- Fireplace:
- Gas, Wood Burning, Stove, Fireplace
- Disability Feature:
- None
Exterior
- General:
- Other, Second Garage
- Style:
- Ranch
- Parking:
- Asphalt, Detached, Garage Door Opener, Concrete Floors
Construction
- Roofing:
- Metal/Steel
- General:
- Frame, Vinyl Siding, 1, Block
Location
- Road/Access:
- Asphalt
- HOA Amenities:
- Sewer, Annually
- Originating MLS:
- NGLRMLS API
- School District:
- Traverse City Area Public Schools
- County:
- Grand Traverse
Lot
- Zoning:
- PRT SW 1/4 SEC 28 T27N R11W COM 1344.96' N & 624.33' E OF SW COR TO POB TH W 261.33' TH N 0 DEG 10' W 689 +/- TH E 551.6' TH SWLY ALONG C/L OF N US 31 S TO POB EXC HWY R/W.
- View:
- Bay, Countryside View, View
Utilities
- Water:
- Private
- Sewer:
- Public Sewer
Financial
- Source:
- NGLRMLS API
- Ownership:
- Private Owner
This listing courtesy of:
REMAX Bayshore - W Bay Shore Dr TC, Jeremy Fenske
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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