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About the Listing 61019 - 613724
Excellent investment opportunity — a fully occupied 6-unit apartment complex ideally located directly across from McLaren Hospital and just minutes from Downtown Cheboygan. The property totals approximately 7,500 SF on 2.5 ± acres and consists of three 3-bedroom / 1.5-bath units and three 2-bedroom / 1.5-bath units, all currently leased month-to-month. Each unit offers two private parking spaces, a semi-private backyard area, and a dedicated storage shed. Currently offered at an approximate 8.35% CAP rate, with value-add potential through future development of the property’s excess acreage. Don’t miss this opportunity to invest in one of Cheboygan’s best-located multifamily assets.
Listing Highlights for 726 S Huron
Status
Active With Contingency
Days on Site
12
Property Type
Multi-Family
MLS ®
80063033
Year Built
1960
Total Square Footage
1,150
Lot/Acreage
2.5
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances: Dryer, Range/Oven, Refrigerator, Washer
- Air Cond:
- Heating: Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1150
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: irregular
- Zoning: Multi-Family
- Roof:
- Others:
- Sewer: Public Sanitary
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
726 S Huron Cheboygan, MI 49721
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