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Listed by Berkshire Hathaway Homeservices - TC
$699,900
Est. payment /mo
2 Baths
1,456 SqFt
Active
4256 North Spider Lake Road Traverse City, MI 49696
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,456 sqft
Price per Sqft $480
MLS Listing ID 1950207
Style Cottage
Year Built 1959
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Multi Family
Property Description
Rare Spider Lake waterfront investment opportunity featuring two separate, nicely updated cottages on a deep, level lot with a sandy beach and beautiful lake frontage. The property includes a 1-bedroom, 1-bath cottage and a 2-bedroom, 1-bath cottage with sunroom and large lakeside deck. Both cottages are comfortable and appealing, with mini-splits for efficient heating and cooling, and have an established rental history.------Well and Septic Inspection has been completed and passed by County for time of transfer------------- A major advantage is the property's Cabin Court designation by the township, making it exempt from local short-term rental restrictions—an increasingly valuable feature in the Traverse City area. This provides excellent flexibility for continued vacation rental use, owner occupancy combined with rental income, extended family use, or a waterfront retreat.----------- Offered turnkey with over $47K in recent upgrades, including furnishings, household goods, kayaks and much of what is needed to continue operating and enjoying the property from day one. Spider Lake is a highly desirable all-sports lake just minutes from downtown Traverse City. The property is also convenient to the VASA Trail, extensive state land, hiking, biking, ORV trails and year-round recreation. A unique opportunity to own two waterfront cottages with sandy frontage, proven rental potential and an outstanding Traverse City location.
Location
State MI
Rooms
Basement Crawl Space
Interior
Interior Features Solarium/Sun Room, Cable TV, High Speed Internet
Heating Wall Furnace, Natural Gas
Fireplaces Type None
Fireplace false
Appliance Refrigerator, Oven/Range
Exterior
Exterior Feature Dock
Community Features None
Waterfront Description Private
Roof Type Asphalt,Metal
Garage false
Building
Story One
Foundation Slab
Sewer Private Sewer
Water Private
Architectural Style Cottage
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