959-969 LEVERING Road $225,000

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    959-969 LEVERING Road Cheboygan, MI 49721

    • 0 Beds
    • 0 Baths
    • 0 sq.ft.
    • Multi-Family
    MLS# 304059
    SOLD 1/15/2019

    $225,000

    Days On Market: 35 0 Views
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    Property Details

    Exceptional investment opportunity strategically located just outside the City limits (no city taxes or municipal utilities to pay). Whether you want to be an on site owner manager or rent all the units, this multi-unit complex offers a spacious updated main home (which could also be 2 rentals) with an attached garage, a 5 unit apartment building, a 3 bedroom home with a 1 car garage and 3 mobile home units. Potential monthly income of $5800. All units are rented with a continual waiting list. Includes 8 acres for future expansion, 2 water wells, 5 septic systems and 3 outbuildings.

    • General Features
      • Type Other
      • Style Mobile,Other,Ranch,Two Story
      • Business Income Income Property
      • Subdivision T38N, R2W
      • County Cheboygan
    • Building Features
      • Construction Frame, Mobile
      • Exterior Shed
      • Patio/Deck Other
      • Basement Full Basement
      • Heating Natural Gas
      • Cooling None
      • Appliances Dishwasher, Dryer, GasRange/Oven, Refrigerator, Washer
      • Laundry Other
    • Room Features
      • Unit 1 Approx. SqFt. 940
      • Unit 1 # of Bedrooms 3
      • Unit 1 Baths 1.00
      • Unit 1 Occupied Yes
      • Unit 1 Present Rent 450.00
      • Unit 2 Approx. SqFt. 720
      • Unit 2 # of Bedrooms 2
      • Unit 2 Baths 1.00
      • Unit 2 Occupied Yes
      • Unit 2 Present Rent 475.00
      • Unit 3 Approx. SqFt. 720
      • Unit 3 # of Bedrooms 2
      • Unit 3 Baths 1.00
      • Unit 3 Occupied Yes
      • Unit 3 Present Rent 475.00
      • Unit 4 Approx. SqFt. 412
      • Unit 4 # of Bedrooms 1
      • Unit 4 Baths 1.00
      • Unit 4 Occupied Yes
      • Unit 4 Present Rent 425.00
      • Unit 5 Approx. SqFt. 810
      • Unit 5 # of Bedrooms 2
      • Unit 5 Baths 1.00
      • Unit 5 Occupied Yes
      • Unit 5 Present Rent 525.00
    • Property Features
      • Lot Size 8.25 Acres
      • Lake River Name None
      • Fuel Electric, Natural Gas
      • Electric Master, Separate
      • Sewer See Remarks,Shared Septic
      • Water See Remarks,Shared Well
    • Schools
      • Elementary School East
      • School District Cheboygan Area

    Neighborhood

    49721 (Cheboygan) Demographics

    50Median Age
    55Population Density (per sq. mile)
    25%College Educated
    $40,014Estimated Median Income
    4,954Estimated Total Home Owners
    1,247Estimated Total Renters
    80% / 20%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    14,291Total Population

    Market Last 30 Days

    $81,500 Median Sales Price
    10 Homes Sold
    9 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        1/15/2019 3:00:00 AM Sold Source New Value: $225,000
        11/27/2018 4:55:24 PM Status Changed Source New Value: Pending
        8/24/2018 11:55:45 AM Status Changed Source New Value: Active w/Contingencies

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