MLS Public Remarks  Completely unobstructed sunset views over East Grand Traverse Bay are enjoyed all year long at Gold Coast Inn! 26 cash-flowing units are for sale all together, each renting separately very well but with upside opportunity too! Each has it's own keypad for entry, and the building is keypad secure as well. Being just East of downtown Traverse City, this property rents really well. The entire property has just been remodeled, each unit is fully furnished and turnkey, and the common areas on each floor look terrific. There is a large dining room and commercial kitchen on the main floor, lovely lobby entry area, an elevator, and a back porch on the main floor and an expansive front porch overlooking the bay on each floor. Fiber optic internet service is installed and ready! The Traverse Area Recreation Trail (TART) is just out the back door to ride all over the area, into Traverse City, up to Acme, or over to Suttons Bay! This investment is fully optimized and ready for you - this one's tough to beat!

http://bernardgroup.realestateone.com/1917936

AGENT/COMPANY DETAILS  

LOCATION  

Township  Acme

Directions  From Traverse City, head E on US-31 to destination just North of Holiday Road intersection on the East side of the Road.

HOUSE DESCRIPTION  

Fin Below Grd SqFt  0

Total Fin SqFt  12,400

Price/SqFt  $315

Unfinished SqFt  0

Above Grade Finished SqFt  0

CDOM  161

Sub Property Type  Multi-Family

Year Built  1994

Days on Market  161

ASSESSMENT/SCHOOLS   

Land Assessment  -

Improvements  -

Acreage  0.84

Taxes  -

Tax Year  -

Summer Taxes  -

School District  Traverse City

Winter Taxes  -

LOT DESCRIPTION  

Lower Level Square Footage  0

Waterview  N

Number of Units  26

Waterfront  N

For Lease/Rent  N

Waterfront Desc  All Sports, Bay View, Great Lake, Water View

Est. Total Acres  0.84

Lot Dimensions  Irregular

WaterFrontage   0

INTERIOR FEATURES  

Heating  Ductless A/C, Forced Air, Natural Gas

Cooling  Ductless A/C, Forced Air, Natural Gas

Fireplace  None

Water  Private Well

Heating  Ductless A/C, Forced Air, Natural Gas

EXTERIOR FEATURES  

Garage  0.0

Basement details  Other

Sewer  Municipal

Exterior Features  Balcony, Bay View, Deck, Gutters, Patio

Garage Desc  Over 1 Space per Unit

Home Style  2+ Stories

Fireplace Description  None

Additional Buildings  None

Terms/Misc.  1031 Exchange, Cash, Other

Appliances  All Units the Same, Blinds, Drapes, Other

Possession  At Closing

Exterior Materials  Vinyl Siding

DETAILS  

Status Change Date  12/04/2023

Listing Date  12/01/2023

Internet/IDX  Y

LISTING OFFICE DETAILS  

Listing Office   Traverse City-Randolph St.

Office Address   521 Randolph Street

Listing Number   1917936

THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Friday, May 10, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.