Listing Detail

Description:

This updated duplex, located in the heart of the Central neighborhood of Traverse City presents a fantastic investment opportunity. Situated on a corner lot with a nice backyard, the property features two separate living areas, each with its own utilities. The main levels offers 3 bedrooms and 1 bathroom while the upper level includes 2 bedrooms (one is non-conforming). Enjoy the convenience of the 2 car attached garage and ample storage space in the unfinished basement. Well-maintained - making it move in ready for renters or new owners. Can be converted to a single family home or kept as a duplex. A full-time owner/resident can rent one of the units, but also build an ADU and rent it as well. Current rent for the upper unit is $2000 and the first floor unit is $2100 and both have been rented since 2023. This is a great place to own if you want to spend summers in TC and rent out the unit the remainder of the year. Just minutes away from all the attractions that Traverse City has to offer.