7 outstanding rental or living units that are condominiumized and can be sold individually! Presently, each unit is rented. 4 well designed "townhome" plans with 2 bedrooms,1.5 baths and full basements. 2 ranch-style 1 bedroom units and 1- 2 bedroom ranch style unit.Very close to Traverse City, Cherry Capital Airport, Cherry Knoll Elementary, East Middle School, Grand Traverse Academy & Woodland Charter Schools. Close to VASA trails and inland lakes galore! Unique investment based on the abillity to sell each unit individually if owner chooses. Priced as a value @ less than $86,000. per unit! Must be purchased as a 7 unit package. Additional room for carports, garages, or a pole building!.Rent presently for all units is $6200/mth but a few are below market rate and one unit has reduced rent in exchange for "light" property mgt. duties.
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