South Arm Twp, MI 49727,218 Elizabeth Street

$695,000

Est. payment /mo

$749,000

7.2%
Est.Price: ?

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218 Elizabeth Street South Arm Twp, MI 49727

0.9 Acres Lot

SOLD DATE : 09/24/2024

Key Details

Sold Price $695,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision South Arm Retreats

MLS Listing ID 78080049121

Sold Date 09/24/24

Originating Board Aspire North REALTORS®

Year Built 1956

Lot Size 0.900 Acres

Acres 0.9

Lot Dimensions irregular

Property Description

Welcome to this charming motel resort located in the vibrant community of East Jordan, directly across from the scenic South Arm of Lake Charlevoix. This popular lodging facility boasts 8 beautifully updated rooms, plus an additional 2-bedroom home, perfect for owner's accommodation or additional rental income. Other features include garage, laundry/storage and a large lot with lots of on site parking Guests will enjoy stunning lake views and convenient public access to Lake Charlevoix just steps away. East Jordan is one of Northern Michigan's beloved destinations, where the Jordan River meets the South Arm of Lake Charlevoix. The area offers numerous waterfront parks, nature trails, a marina, and a lively downtown filled with shops and restaurants.---------------- This property provides easy access to Charlevoix, Boyne Mountain, Petoskey, Lake Michigan, and all the attractions that make Northern Michigan so special. Currently professionally managed, this motel resort is an excellent investment opportunity. Alternatively, it can be operated as an owner-occupied business with the spacious apartment. Don't miss your chance to own a piece of Northern Michigan paradise!

Location

State MI

County Charlevoix

Area South Arm Twp

Zoning Other

Interior

Heating Other

Cooling Other

Fireplace no

Heat Source Natural Gas

Exterior

Porch Patio, Porch

Garage no

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 Story

Structure Type Other

Schools

School District Charlevoix

Others

Pets Allowed Yes

Tax ID 05370500110

Ownership Corporate/Relocation

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Tony And Renee DeKroub

Tony And Renee DeKroub

+1(517) 404-4270

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Realcomp MLS
Listed by Kenneth C Weaver of Berkshire Hathaway Homeservices Michigan - TC
Bought with REO-TCRandolph-233022
agent

Tony And Renee DeKroub

Agent | License ID: 6501245221

+1(517) 404-4270

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