Welcome to a fantastic investment opportunity with this well maintained quadplex! The addresses are 3482, 3484, 3486 + 3488 Mahoney Drive. Great location, just a few minutes from Traverse City. All 4 units are tenant occupied with current leases until 2025. Total rents are $6100/mo. Each unit offers two stories, private entry, an attached single-car garage and paved driveways, maximizing storage and tenant convenience. Inside each unit is nicely updated and equipped with a large living area, washer and dryer hookups, and spacious master bedrooms, complete with dual closets. Updated flooring throughout each unit. Recently upgraded kitchen cabinetry and appliances in the two end units (3482 + 3488). Outside you will find private patios and a spacious shared backyard. Please note that showings require 48 hours notice!
Price $799,900
Heat:
Zoning: Multi-Family
Area: Grand Traverse
Water:
Construction: Frame
Sale or Rent: For Sale
Approx.Sq Ft.: 4568
Lot Size: 141.72X384.21 IRR
Sewer: Private Septic
Units: 4
Acres: 1.25
Features: Laundry Hook-up,Vaulted Ceilings,Foyer Entrance Countryside View Water Features: None
Listing Provided Courtesy of:
Five Star Real Estate - Front St TC