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7963 E State Street, Central Lake, MI 49622

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For Sale

$249,000

2 beds • 1 baths • 1 half baths • 1,200 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $207.50
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

10% DISCOUNT FOR FULL PRICE CASH OFFER. Rare opportunity to own a solid downtown Central Lake building that can be used as a personal residence, commercial or office space, short- or long-term rental, or a combination of these. The upper one-bedroom apartment has had a history as a successful Airbnb, due in part to its efficiency and ideal location. Use the downstairs to accommodate even more guests with additional rooms and half bath. Or capitalize on foot traffic from the adjacent hardware, grocery store and post office by using the lower level for a business or office. Attached garage is partially insulated, with one overhead door leading to fresh asphalt parking area, and a second which opens onto a cozy courtyard. Efficient new gas boiler was installed in 2019, new roof in 2012. Two window a/c units, new asphalt in parking area, garage door new in 2021. Current long-term tenants will be vacating June 15, 2025.
MLS# 1933021

Courtesy Of Key Realty One-TC
310 W. Front Street, Ste.310F, Traverse City, MI 49684
(517) 827-2120

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dryer, Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Heating System
    Baseboard
  • Lot Size
    0.06 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Dining Room, Kitchen, Living Room

Map and Directions

Directions to 7963 E State Street, Central Lake, MI 49622

Home seller CENTURY 21 Northland

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Northland

(231) 929-7900
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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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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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