Available Listings

$500,000
Active

East Jordan Area Multi-Family Home

Active

317 N Lake Units 2&Amp3 And Parcels 6,7 &Amp 8 East Jordan, MI 49727

Bed
0 Baths
2310 sqft
MLS# 472971
Virtual Tour
Rare Investment Opportunity Across From Lake Charlevoix! Presenting two meticulously maintained, low-maintenance condos in an area poised for exponential growth. These properties offer more than just a picturesque view of Lake Charlevoixthey promise a strategic investment in the up and coming town of East Jordan. Key Features: 2 bedrooms, 3 full baths in each unit, Fully furnished with appliances included. Open concept kitchen/living/dining areas. Lower patios for entertaining, upper patios for relaxation. Ample parking for residents and guests! 3 Additional Land Parcels Included: The offering extends beyond the multi-unit to include three additional parcels of land with the opportunity to construct additional condo units. Imagine the potential to own a total of five rental properties strategically positioned across from Lake Charlevoix. This is not just a property purchase; it's an investment in a diversified real estate portfolio. Strategic Location: Northern Michigan, renowned for its year-round recreational offerings, provides an attractive destination for residents and tourists alike. Lake Charlevoix has continuously been voted as one of the top lakes in Michigan. With its crystal-clear water and stunning natural scenery, the lake is a paradise for boaters, anglers, and water sports enthusiasts. Visitors can rent boats, jet skis, and paddleboards from the many marinas around the lake or bring their own. Highlights: Low association dues! Great price point for entry into a burgeoning market! Excellent rental potential with current and future units! Ideal for both short-term and long-term investment strategies!
Listing Courtesy of NORTHERN MICHIGAN / Coldwell Banker Schmidt Realtors / Jennifer Burr