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706 Forest AVE Frankfort, MI 49635
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 853 sqft
Price per Sqft $703
Subdivision Town & Harbor Frankfort
MLS Listing ID 78080066054
Style Duplex
Year Built 1920
Lot Size 7,405 Sqft
Property Sub-Type MultiFamily
Property Description
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 Michigan’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)
Location
State MI
County Benzie
Area Area93042Frankfort
Interior
Heating Baseboard, Electric, Hot Water, Natural Gas
Cooling Window Unit(s)
Exterior
View Y/N No
Building
Lot Description WaterView
Foundation Block
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Frankfort Elberta
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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