2370 M-137, Interlochen

$320,000

7 Beds
3 Baths
2,855 Sqft
.23 Acres
3 Garages

Buy your new Home and let it pay for its self! Three Structures- Live in one & rent the other two or start that business you have always dreamed of owning. 1. Building One is approximately 1102 sq ft and is situated directly on M-137. This building makes an excellent store front but also has a bathroom, full kitchen, 2 bedrooms & washer and dryer, could be a residential rental or a home for someone who wanted to run a business out of their home - currently used as residential rental at $850 per month. 2. "Building Two"is also directly on M-137; is approximately 675 sq ft. This building has an excellent rental history. It is currently used as a residential rental but could easily be converted into a retail shop or art gallery. 2 bdrs, 1 bath. Current rental income is $750.00 per month. 3. "Building Three" is directly behind the other two with frontage on West Railroad Rd. This building also has an excellent rental history, currently a residential rental (but also zoned commercial). 1150 sq ft, 3 bdrs, 1 bath. Large attached Pole barn/garage with high ceiling and metal roof; garage has been rented separately from house as a resale shop & storage unit. There are gardens on the grounds and a potting shed with greenhouse roof - used for potting and creating floral arrangements for resale. Current rent is $950.00 per month. Seller uses pole barn/garage currently for personal uses but this building could produce approximately an additional $400.00 per month. The possibilities are endless with the "one of a kind" opportunity. Only 1 mile from Interlochen Center for the Arts & 13 miles to Traverse City!

Essential Information
MLS® #1839363
Price$320,000
Bedrooms7
Bathrooms3.00
Full Baths3
Square Footage2,855
Acres0.23
Year Built1975
TypeSingle Family
Sub-Type2 Story
StatusActive
Community Information
Address2370 M-137
SubdivisionMartins Addition
CityInterlochen
CountyGrand Traverse
StateMichigan
Zip Code49643
Amenities
# of Garages3
GaragesAttached
WaterfrontNone
Utilities

WATER: Private Well SEWER: Private Septic

Interior
Interior FeaturesOther
HeatingForced Air, Natural Gas
BasementCrawl Space
FireplacesNone
Appliances

Refrigerator, Oven/Range, Disposal, Dishwasher, Washer, Dryer

Exterior
ExteriorAluminum
Exterior FeaturesOther
Lot Description100x100, Level
RoofAsphalt
ConstructionFrame
School Information
District

Traverse City Area Public Schools

Additional Information
Date ListedOctober 7th, 2017
Days on Market1001
ZoningResidential, Commercial
Listing Details
OfficeBOUWMAN REALTY GROUP
Office Address2784 M-137
Property History
Status Changed from Extend to Active
Status Changed from Active to Extend
Status Changed from Extend to Active
Status Changed from Active to Extend
Status Changed from Price Change to Active
Show All History (6)

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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