726 S Huron, Cheboygan, MI 49721
Local realty services provided by:CENTURY 21 Realty North
726 S Huron,Cheboygan, MI 49721
$499,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: alex mackenzie
Office: coldwell banker schmidt traver
MLS#:80063033
Source:MI_REALSOURCE
Price summary
- Price:$499,000
About this home
Excellent investment opportunity — a fully occupied 6-unit apartment complex ideally located directly across from McLaren Hospital and just minutes from Downtown Cheboygan. The property totals approximately 7,500 SF on 2.5 ± acres and consists of three 3-bedroom / 1.5-bath units and three 2-bedroom / 1.5-bath units, all currently leased month-to-month. Each unit offers two private parking spaces, a semi-private backyard area, and a dedicated storage shed. Currently offered at an approximate 8.35% CAP rate, with value-add potential through future development of the property’s excess acreage. Don’t miss this opportunity to invest in one of Cheboygan’s best-located multifamily assets.
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Home facts
- Year built:1960
- Listing ID #:80063033
- Added:53 day(s) ago
- Updated:November 21, 2025 at 11:04 AM
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1960
- Lot area:2.5 Acres
Utilities
- Water:Public Water
- Sewer:Public Sanitary
Finances and disclosures
- Price:$499,000
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