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317 N Lake Street, East Jordan, MI 49727

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For Sale

$469,900

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • 2000
    Year built

Explore this Property

Rare Investment Opportunity Across From Lake Charlevoix! Presenting two meticulously maintained, low-maintenance condos in an area poised for exponential growth. These properties offer more than just a picturesque view of Lake Charlevoix "they promise a strategic investment in the up and coming town of East Jordan. Key Features: 2 bedrooms, 3 full baths in each unit, Fully furnished with appliances included. Open concept kitchen/living/dining areas. Lower patios for entertaining, upper patios for relaxation. Ample parking for residents and guests! 3 Additional Land Parcels Included: The offering extends beyond the multi-unit to include three additional parcels of land with the opportunity to construct additional condo units. Imagine the potential to own a total of five rental properties strategically positioned across from Lake Charlevoix. This is not just a property purchase; it's an investment in a diversified real estate portfolio. Strategic Location: Northern Michigan, renowned for its year-round recreational offerings, provides an attractive destination for residents and tourists alike. Lake Charlevoix has continuously been voted as one of the top lakes in Michigan. With its crystal-clear water and stunning natural scenery, the lake is a paradise for boaters, anglers, and water sports enthusiasts. Visitors can rent boats, jet skis, and paddleboards from the many marinas around the lake or bring their own. Highlights: Low association dues! Great price point for entry into a burgeoning market! Excellent rental potential with current and future units! Ideal for both short-term and long-term investment strategies!
MLS# 472971

Courtesy Of Coldwell Banker Schmidt Realtors
231 Water Street East, Boyne City, Michigan 49712
(231) 582-6554

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Directions to 317 N Lake Street, East Jordan, MI 49727

Home seller CENTURY 21 Northland

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CENTURY 21 Northland

(231) 929-7900
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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