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$129,900

MLS 201832732
463 W State Street Cheboygan, MI 49721  
mls

Here's your chance to own a prime investment property in the heart of downtown Cheboygan. This property features three one-bedroom units, offering excellent rental potential. While some updates are needed, the current owner has had no trouble keeping the units rented, highlighting strong demand in the area. The property has a new boiler and an updated electric panel, adding to its appeal. Located just a short walk from Main Street, this property offers easy access to local shops and dining. Enjoy the beautiful Cheboygan River, City Beach, and the popular bike/snowmobile trail, all just steps away. With its ideal location and potential for upgrades, this property is a great investment opportunity in a sought-after area.
Price 129,900 Units: 3 Exterior:  Paved Street,Wood
Basement: Full Basement,Stone Foundation,Unfinished Type: Triplex School: Cheboygan Area
Business/Income: Income Property Construction: Frame Lot Size: 92 x 68 x 70 x 72 x 44

Exterior Features:
Appliances:
GasRange/Oven
Refrigerator
Interior Features:

Listing Provided Courtesy of:
Berkshire Hathaway HomeServices-Cheboygan
11506 N Straits Hwy, Cheboygan, MI 49721

Copyright � 2013 Water Wonderland Board of Realtors (WWBR)
Listing provided by Water Wonderland Board of Realtors (WWBR), database last updated Saturday June 13, 2026
Water Wonderland Board of Realtors
 
Direct Link:  https://wwlx.net/idx/golden_shores/multifamily/index.php?view=201832732