Renovated duplex in a prime downtown Frankfort location just blocks from Lake Michigan, Betsie Bay, shopping, dining, and the attractions that make this area a strong draw for both year-round residents and visitors. With two separate 2-bedroom, 1-bath apartments, this property offers excellent flexibility for long-term rental income, short-term rental potential, or owner occupancy with added revenue from the second unit. Both units offer updated interiors with neutral finishes, new appliances, dishwashers, washers and dryers, air conditioning, and private entrances. The main floor unit includes a spacious kitchen, living area, and dining space, while the upper unit offers a full kitchen, dining space and comfortable living room. Functional layouts and modern updates help support rental appeal and ease of ownership. A turn-key option exists, making ownership easy! Strong rental history is available, making this a compelling opportunity for investors seeking an income-producing property in one of Northern Michiganâ??s most desirable lake-town markets. (Seller currently has two STR permits with the City of Frankfort -https://www.frankfortmich.com/how_do_i/learn_about/short_term_rentals.php for details or contact the City of Frankfort 231-352-7117)
Listed By
Agency Name: REO-TCBeulah-Frankfort-233027
Agency Phone: 231-882-4449
Shown By
Agent Name: Darrell Blausey
Agent Phone: (419) 351-1525
Agency Title: Key Realty
Estimated Payment
$ 3,590.08 per month $3,412.17 Principal & Interest $0.00 Property Tax (data not provided by mls) $177.92 Homeowner's Insurance
706 Forest Avenue | MLS# 1942904
This multi-family property located at 706 Forest Avenue, Frankfort, MI 49635 is currently listed for sale with an asking price of $610,000. Forest Avenue is located within the Frankfort-Elberta Area Schools school district. Search Frankfort real estate on www.darrellrealestate.com today.