115 N Michigan Ave, Beulah, MI, 49617

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115 N Michigan Ave, Beulah$1,300,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

ParkingNone

Year Built1935

HeatingForced Air, Wall Furnace

WaterfrontCreek

FireplaceNone

MLS #1919785

Lot Size1.51 Acres

StatusActive

About 115 N Michigan Ave

INCREDIBLE INCOME OPPORTUNITY!! This property located on the main road in Beulah boasts 18 individual CONDO units on the upper lever that is an immediate positive cash flow stream. Income from the upper floor covers expenses for the entire building! Another 9000 sq ft on the lower level waits your vision for increasing your income stream! Can be made into many things, additional condos, office space, retail, banquet facility, Corporate meeting events, you name it! This property is steps away Crystal Lake, close to many Northern Michigan amenities, including hiking, parks, boating, golfing, skiing, and many many more! Don't pass on this opportunity to add this property to your portfolio!!

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Property Details

Property Features

Property Information:

• Architectural Style: 2 Story
• Year Built: 1935
• Living Area: 18,000 SqFt

Listing Office:

• Office Name: Keller Williams Northern Michi
• Listing Agent: Joe Van Antwerp

Interior Features

Interior Information:

• Appliances: Refrigerator, Oven/Range, Washer, Dryer
• Interior: Other
• Fireplace: None

Exterior Features

Exterior Information:

• Waterfront: Creek
• Exterior: None, Wood

Parking Information:

• Attached Garage: No
• Parking: None

Lot Features

Lot Information:

• Lot Size: 1.51 Acres

Utilities

Utilities Information:

• Heating: Forced Air, Wall Furnace

Other

Directions Information:

• Directions: US 31 (Michigan Ave) in Beulah on the East side of the road

Price Information

Listing Price Info

Price Summary:

• List Price: $1,300,000
• Price Per SqFt: $72/SqFt

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Housing Market Comparison

See how this home compares to others in Beulah, MI.

Beulah, MI

City

Med. Sold Price

$410K

Med. Price/SqFt

$253

Avg. Days On Market

59

# of Sold Homes

8

115 N Michigan Ave vs Beulah

294 DAYS ON ROCKET

+235 Days

$1,300,000

+$890K More

$72/SqFt

-$181 Less

KEY TAKEAWAY

This property is $890K more than the Median Sold Price and $181/SqFt less than other homes in Beulah, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: TAAR
• MLS Number: #1919785

Listing Office:

• Office Name: Keller Williams Northern Michi
• Listing Agent: Joe Van Antwerp

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Michigan›Benzie County›Beulah›49617›115 N Michigan Ave

This home is located at 115 N Michigan Ave in Beulah, MI and zip code 49617. This 18,000 square foot home, which was built in 1935, sits on a 1.51 acre lot. It has been listed on Rocket Homes since March 02, 2024 and is currently priced at $1,300,000.

In November 2024 more than 2 listings in Beulah, MI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 3 were sold below. The number of homes for sale in Beulah, MI decreased by 8.7% between October 2024 and November 2024. In November 2024 median list price was $410,000 and the average listing age was 59 days.

From Rocket Homes Real Estate and based on county public records data.