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$ 1,295,000
Est. payment | /mo
0.31 Acres Lot
$ 1,295,000
Est. payment | /mo
0.31 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Benzonia Twp
Subdivision Benzonia Twp
MLS Listing ID 80054160
Originating Board MiRealSource
Year Built 1935
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 150x90
Property Description
Great income opportunity with immediate, positive cash flow and lots of redevelopment potential to dramatically increase revenue even further. Located in the popular vacation destination of Beulah, Eden Brook Place boasts 18 individual units on the upper level currently leased as long-term but can easily be converted to short-term as well. Another 9,000 square feet on the lower level is currently gutted and ready for your vision: additional condos, office space, retail, banquet facility, corporate meeting events, etc. Architectural plans for additional rental units are included in the sale. It's ideal location is steps away Crystal Lake and close to many amenities including hiking, parks, boating, golfing, skiing, and many more!
Location
State MI
County Benzie
Interior
Heating Forced Air, Wall Furnace
Cooling Wall Unit(s)
Exterior
View Y/N No
Building
Structure Type Wood Siding
Others
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
Listed by Keller Williams Northern Michi
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Rick Genzink
REALTOR®