115 N Michigan Ave, Beulah, MI, 49617

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115 N Michigan Ave, Beulah$1,300,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

ParkingNone

Year Built1935

HeatingNatural Gas, Electric, Multi Unit(s), Forced Air, Wall Furnace

CoolingNatural Gas, Electric, Multi Unit(s), Central Air, Wall Unit(s)

WaterfrontCreek

FireplaceNone

MLS #1919785

Lot Size1.51 Acres

StatusActive

About 115 N Michigan Ave

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!!

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Property Details

Property Features

Property Information:

• Architectural Style: 2 Story
• Year Built: 1935
• Living Area: 18,000 SqFt

Listing Office:

• Office Name: Keller Williams Northern Michi
• Listing Agent: Joe Van Antwerp

Interior Features

Interior Information:

• Appliances: Refrigerator, Oven/Range, Washer, Dryer
• Interior: Other
• Fireplace: None

Exterior Features

Exterior Information:

• Waterfront: Creek
• Exterior: None, Wood

Parking Information:

• Attached Garage: No
• Parking: None

Lot Features

Lot Information:

• Lot Size: 1.51 Acres

Utilities

Utilities Information:

• Heating: Natural Gas, Electric, Multi Unit(s), Forced Air, Wall Furnace
• Cooling: Natural Gas, Electric, Multi Unit(s), Central Air, Wall Unit(s)

School Info

Assigned Schools Information:

• Benzie Central Sr. High School, Public Magnet Grades 9-12
• Benzie Central Middle School, Public Magnet Grades 7-8
• Crystal Lake Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

• Directions: US 31 (Michigan Ave) in Beulah on the East side of the road

Price Information

Listing Price Info

Price Summary:

• List Price: $1,300,000
• Price Per SqFt: $72/SqFt

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MLS Details

MLS Information:

• MLS Name: TAAR
• MLS Number: #1919785

Listing Office:

• Office Name: Keller Williams Northern Michi
• Listing Agent: Joe Van Antwerp

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 6:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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**Disclosures

Rocket Homes›Michigan›Benzie County›Beulah›49617›115 N Michigan Ave

This home is located at 115 N Michigan Ave in Beulah, MI and zip code 49617. This 18,000 square foot home, which was built in 1935, sits on a 1.51 acre lot. It has been listed on Rocket Homes since March 02, 2024 and is currently priced at $1,300,000.

In March 2024 more than 4 listings in Benzie County, MI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 7 were sold below. The inventory of homes for sale in Benzie County, MI between February 2024 and March 2024 increased by 56.4%. While the average time on the market in March 2024 was 108 days, the median list price was $332,500.

From Rocket Homes Real Estate and based on county public records data.