$ 550,000
-
$550,000
Price -
2
Bed -
2
Bath -
904
SqFt
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About the Listing 115714 - NGL-T406964,NGL-T391762
Right in the heart of downtown Traverse City, this well-positioned 2-bedroom, 2-bath condo delivers the kind of lifestyle and income potential that savvy investors are actively seeking. Just steps from the shoreline of Grand Traverse Bay, along with award-winning restaurants, boutique shopping, and year-round events, the location alone drives consistent demand from both visitors and short-term renters. Inside, the layout is efficient and designed for low-maintenance ownership. Clean lines, functional living space, and lock-and-leave simplicity make it ideal as a personal retreat, second home, or turnkey rental. Whether hosting weekend guests or short-term tenants, the space supports ease of use and strong occupancy potential. The defining feature is the private rooftop deck overlooking the bay an elevated outdoor living space that creates a memorable guest experience and sets this unit apart in the rental market. Morning coffee with water views, sunset evenings above the city, and walkability to everything downtown all translate into lifestyle-driven value that today’s renters are willing to pay for. For investors, this is more than a downtown condo, it’s a strategic asset in one of Northern Michigan’s most desirable markets. A property that not only offers enjoyment but also the potential to generate income and offset ownership costs in a high-demand, four-season destination.
Listing Highlights
Status
Active
Days on Site
3
Property Type
Condo/Townhome
MLS ®
80067576
Year Built
2021
Total Square Footage
904
Lot/Acreage
N/A
County
Grand Traverse
Neighborhood
Gillis Street Development
HOA Dues
500/Monthly
School District
Traverse City Area Public Schools
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances: Dishwasher, Range/Oven, Refrigerator
- Air Cond: Central A/C
- Heating: Electric,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 904
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: 1 car
- Zoning: Residential
- Roof:
- Others:
- Sewer: Community
- Parking Features: Attached Garage,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
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Questions About..
138 W Gillis Traverse City, MI 49684
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