Address
3482 Mahoney Drive, Traverse City, MI
Price
$ 799,900
Property Attributes
  • MLS#1921613
  • TypeMulti-Family
  • CountyGRAND TRAVERSE
  • CityTraverse City
  • AreaGrand Traverse
  • NeighborhoodEast Bay
  • Zip49696
  • Style2 Story
  • Price$ 799,900
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms4
  • Sqr Footage4568
  • Lot Size1.25 Acres
Data Source:
Northern Great Lakes REALTORS® MLS (NGLRMLS)
Property Description

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 History
4/27/2024 Listed $799,900

General Features

Roof Asphalt
Zoning Multi-Family
Sewer Private Septic
Construction Frame
School District Traverse City Area Public Schools
Energy Efficient Not Applicable

Interior Features

Basement Crawl Space
Interior Features Laundry Hook-up,Vaulted Ceilings,Foyer Entrance

Exterior Features

Exterior Features Countryside View
Water Features None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 49696

Price
AVG $690K
$800K
Visits
AVG 96
27
Data Provided by Inside Real Estate®
Year Built
AVG 1953
1995

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