609 Frankfort Avenue Elberta, MI 49628

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$419,000

Market Estimate

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0 Beds
0 Baths
740 sq. ft.
Multi-Family
MLS# 80049610

Listing provided courtesy of: CENTURY 21 Northland - 231-929-7900

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Property Details

Description

Successful Duplex Rental in Downtown Elberta! Fully Remodeled, all new furniture and appliances and ready for new owners! One of the best kept secrets in all of Michigan. Spend your lazy days of summer wandering beaches, bluff trails, bike paths, restaurants, farmers markets, Marinas and shopping all right out of your front door. These fully Renovated units come with panoramic Bay views and 100% ready to occupy or rent. Rent one or both units to cover your costs of ownership. The property is Commercially zoned and fully furnished. This is a truly turnkey property with proven short term rental history. See the attached list of improvements to see how much has been done! This is an over/under duplex, bottom (2/1) unit was taken to the studs and brought back to life with all new finishes, appliances and utilities in 2022/23. Upstairs Studio Apt is also freshly remolded with a full kitchen and bath remodel, new flooring and paint through out. New roof and gutters, concrete patio, driveway and landscaping all new as well. Seller is a licensed agent in the State of Michigan

General Features
- Acreage 0.1
- Area Municipality Gilmore Twp (10006)
- County Benzie
- Originating MLS Aspire North REALTORS
- Ownership Private
- Structure Style 2 Story
- Subdivision none
- Waterfront Y/N No
- Year Built 1895
- ZONING Commercial,Residential
Building Features
- Appliances Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
- Basement Type MI Basement, Outside Entrance, Partial, Stone
- Cooling System Ceiling Fan(s)
- DINING KITCHEN Pantry
- Exterior Features Patio, Porch
- FUEL TYPE Natural Gas,LP/Propane Gas
- Foundation Type Basement, Crawl
- Interior Features Security System, Window Treatment(s)
- Heating System Hot Water
Property Features
- Sewer Septic Public Sanitary
- Lot Size 36 x 116
- Water Public Water
Schools
- School District Frankfort-Elberta Area Schools

Neighborhood

49628 (Elberta) Demographics

45 Median Age

81 Population Density (per sq. mile)

42% College Educated

$72,614 Estimated Median Income

66 Estimated Total Home Owners

3 Estimated Total Renters

96% / 4% Estimated Owner / Renter Divide

3 Estimated Average Household Size

190 Total Population

Community data courtesy of LiveBy, Inc.

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $419,000
10/21/2024 12:21:41 PM	Price Reduced Source: Multiple Listing Service	New Value: $419,000	-2.33%
9/30/2024 9:21:33 AM	Price Reduced Source: Multiple Listing Service	New Value: $429,000	-2.28%
9/16/2024 8:20:38 AM	Price Reduced Source: Multiple Listing Service	New Value: $439,000	-2.23%
8/18/2024 9:23:00 PM	New in Database Source: Multiple Listing Service	New Value: $449,000

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* This payment calculator is intended for educational and planning purposes only.
** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.