317 N Lake Street Units 2&3 And Parcels 6,7 & 8, East Jordan, MI

$469,900

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2,310

Square feet

About 317 N Lake Street Units 2&3 And Parcels 6,7 & 8

Rare Investment Opportunity Across From Lake Charlevoix! Presenting two meticulously maintained, low-maintenance condos in an area poised for exponential growth. These properties offer more than just a picturesque view of Lake Charlevoix—they promise a strategic investment in the up and coming town of East Jordan. Key Features: 2 bedrooms, 3 full baths in each unit, Fully furnished with appliances included. Open concept kitchen/living/dining areas. Lower patios for entertaining, upper patios for relaxation. Ample parking for residents and guests! 3 Additional Land Parcels Included: The offering extends beyond the multi-unit to include three additional parcels of land with the opportunity to construct additional condo units. Imagine the potential to own a total of five rental properties strategically positioned across from Lake Charlevoix. This is not just a property purchase; it's an investment in a diversified real estate portfolio. Strategic Location: Northern Michigan, renowned for its year-round recreational offerings, provides an attractive destination for residents and tourists alike. Lake Charlevoix has continuously been voted as one of the top lakes in Michigan. With its crystal-clear water and stunning natural scenery, the lake is a paradise for boaters, anglers, and water sports enthusiasts. Visitors can rent boats, jet skis, and paddleboards from the many marinas around the lake or bring their own. Highlights: Low association dues! Great price point for entry into a burgeoning market! Excellent rental potential with current and future units! Ideal for both short-term and long-term investment strategies!

Features of 317 N Lake Street Units 2&3 And Parcels 6,7 & 8

MLS® # 472971
Price $469,900
Square Footage 2,310
Acres 0.00
Year Built 2000
Type Multi-Family
Sub-Type Multifamily
Status Active

Community Information

Address 317 N Lake Street Units 2&3 And Parcels 6,7 & 8
City East Jordan
County Charlevoix
State MI
Zip Code 49727

Amenities

Features Built In Microwave, Cable, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Patio, Paved Drive, Range, Refrigerator, Sprinkler System, Washer, Paved Road
# of Garages 0.0
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement No

Exterior

Windows Thermo, Insulated, Vinyl
Roof Asphalt Shingles
Construction Wood Frame

School Information

District East Jordan

Additional Information

Zoning Residential
Foreclosure No
Short Sale No
HOA Fees 180
HOA Fees Freq. month

Listing Details

OfficeColdwell Banker Schmidt - Boyne City

Listing Map

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