Condos For Sale in Elberta, MI | The Real Estate Book

703 Frankfort Avenue
Elberta, MI 49628

$460,000

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Status Active
Listing MultiFamily
Style Other
Year Built N/A
MLS® 1868977
Original Listing Open Link
MultiFamily For Sale

Property Features
Great income opportunity. An attractive commercial building located in beautiful downtown Elberta, Michigan. The building has been completely renovated and has a 98% rental success rate. Three upstairs apartments, one two bedroom and two one bedroom, are continuously occupied. The two commercial spaces on the main floor have street access, each has its own bathroom and office space, are also currently occupied. Those spaces could be converted to residential apartments or continue to be a commercial use according to the current village zoning. There is a four bay garage at the west of the property, each bay is separately rented at this time, as well. A lovely fenced and landscaped garden area is accessed from the south commercial space as well as a private gate. 24 houe notice is required to see the apartments.
Key Features
House Size 5395 Sq. Ft.
Lot Size 0.20 acres
Property Type MultiFamily
Style Other
Stories 2.0
Interior Features
Total Sq. Ft. 5395 Sq. Ft.
Heating Hot Water
Cooling Central A/C
Exterior Features
Lot Size 0.20 acres
Roof Membrane
Parking Type Driveway, Garage - Detached, Open, Paved or Surfaced
Street Parking Yes
The Neighborhood
County Benzie

Disclaimer: Copyright © 2020 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Interested in this listing?
Listing Agent
Suzanne J Voltz
REO-TC/Beulah-Frankfort
Direct: 231-651-9711
Broker: 231-882-4449
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
Contact
Listing Agent
Suzanne J Voltz
REO-TC/Beulah-Frankfort
Direct: 231-651-9711
Broker: 231-882-4449
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
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Information deemed reliable but not guaranteed. All measurements are approximate. MLS® numbers are provided where available. NewPoint Media Group, LLC is not affiliated or associated with The Canadian Real Estate Association or any other owner of the MLS® word or design mark in any geographic area.