Real Estate Property Information

Home Size:
8,854 sqft
Property Type:
Multi-Family (2-4 Units)
MLS#:
1740484

Estimated Monthly Payment

$1,106

Description

Unique opportunity for someone with a vision. 36.87 acres along US 31 with its own private lake. Currently 9 rental apartments, plus 2 small homes. 6 of the acres could be zoned commercial which opens up lots of possibilities for development or upgrade the existing structures and continue leasing apartments. State nature preserve adjoins to the west. Property is being sold as is. Water frontage is approximate.

Coldwell Banker Schmidt, Realtors

Highlights

  • ZONING/USE/RESTRICTIONS: Non-Conforming
  • TV SERVICE/INTERNET AVAIL: Cable Interne
  • Private/Shared: Private
  • PRIMARY GARAGE: None
  • INCLUDED IN LEASE: Trash Removal

Neighborhood Info

Interlochen, Michigan is located in Grand Traverse County. Nearby cities and towns include Bendon, Grawn, Hardwood Acres, Chums Corner, Maple Grove, Lake Ann, Nessen City, Traverse City, Buckley, Greilickville, Thompsonville, Kingsley, Honor, Cedar, Copemish, Crystal Mountain, Maple City, Beulah, Benzonia, Mesick, Empire, Glen Arbor, Fife Lake, Kaleva, Elberta, Frankfort, Crystal Downs Country Club, Lake Leelanau, Suttons Bay, Harrietta, Pilgrim, South Boardman, Bear Lake, Manton, and Elk Rapids. Interlochen is a rural community with a population of 595. The median household income is $45,277. In Interlochen, 65% of residents are married, and families with children reside in 19% of the households. Half the population of Interlochen commutes 23 minutes or less to work, with 47% of residents holding white collar jobs and 53% residents holding blue collar jobs. The median age of homes in Interlochen, MI is 23 years, with 60% of those homes owned, 11% rented, and 29% not occupied. In the previous year, 2 Interlochen properties were sold. The median sale price of a home in Interlochen in the previous year was $35,500.

Learn More About Interlochen, MI

Neighborhood Map

Map Layers