115 N Michigan Avenue Beulah, MI ^$ 1,300,000

115 N Michigan Avenue

^$ 1,300,000

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115 N Michigan Avenue

Beulah, MI, 49617

^$ 1,300,000

Bedrooms18 Baths18.0 Sq 18,000

Monthly Estimate*

^$ 8,640

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Multi-Family Home for sale in Beulah, MI

for $1,300,000 with 18 bedrooms and 18 full baths. This 18,000 square foot home was built in 1935 on a lot size of 1.51.

INCREDIBLE INCOME OPPORTUNITY!! This property located on the main road in Beulah boasts 18 individual CONDO units on the upper lever that is an immediate positive cash flow stream. Income from the upper floor covers expenses for the entire building! Another 9000 sq ft on the lower level waits your vision for increasing your income stream! Can be made into many things, additional condos, office space, retail, banquet facility, Corporate meeting events, you name it! This property is steps away Crystal Lake, close to many Northern Michigan amenities, including hiking, parks, boating, golfing, skiing, and many many more! Don't pass on this opportunity to add this property to your portfolio!!

Multi-Family Active

Price

^$ 1,300,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

2 Story

Lot Size

1.51

Year Built

1935

Town/City

Beulah

County/Region

Benzie

MLS | Web ID

1919785

Features

General

Roof Asphalt

Zoning Residential Multi-Family Commercial Deed Restrictions Building-Use Restrictions Rental History

Sewer Municipal

Construction Timber Frame Block

School District Benzie County Central Schools

Interior

Basement Poured Concrete

Interior Features Other

Exterior

Exterior Features None

Water Features Creek

* Excluded Features

List By

Keller Williams Northern Michi

Broker

(231) 631-5524

Phone

Affordability Calculator

$8,640

Per Month

Monthly Principal & Interest: $8,640
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Beulah, MI

Average List Price ^$1,300,000

Percent of Sale Price 0%

About Beulah, MI

288 Population

-10% Since 2002

^$47,215 Median Income

50.89 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2034111 Elementary School

2033997 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
3/2/2024	$1,300,000		Listed Price

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115 N Michigan Avenue, Beulah, MI, 49617 is a Multi-Family Home for sale at $1,300,000 with 18,000 sqft and a lot size of 1.51. 115 N Michigan Avenue has 18 bedrooms, 18.0 baths, and was built in 1935. The property's zip code is 49617 which is in Beulah, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northern Great Lakes REALTORS® MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/1/2024.

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115 N Michigan Avenue

Multi-Family Home for sale in Beulah, MI

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