Active

317 N Lake Street Unit: Unit#2 and #3 and parcels 6,7 & 8

East Jordan MI, 49727

$469,900


$203.42 per sqft

Active

2 Beds

3 Baths

2,310 sqft

Residential

Built in 2000

Rare Investment Opportunity Across From Lake Charlevoix! Presenting two meticulously maintained, low-maintenance condos in an area poised for exponential growth. These properties offer more than just a picturesque view of Lake Charlevoix--they promise a strategic investment in the up and coming town of East Jordan. Key Features for both condo units: 2 bedrooms, 3 full baths, Fully furnished with appliances included. Open concept kitchen/living/dining areas. Lower patios for entertaining, upper patios for relaxation. Ample parking for residents and guests! 3 Additional Land Parcels Included: The offering extends beyond the units to include three additional parcels of land with the opportunity to construct additional condo units. Imagine the potential to own a total of five rental properties strategically positioned across from Lake Charlevoix. This is not just a property purchase; it's an investment in a diversified real estate portfolio. Strategic Location: Northern Michigan, renowned for its year-round recreational offerings, provides an attractive destination for residents and tourists alike. Lake Charlevoix has continuously been voted as one of the top lakes in Michigan. With its crystal-clear water and stunning natural scenery, the lake is a paradise for boaters, anglers, and water sports enthusiasts. Visitors can rent boats, jet skis, and paddleboards from the many marinas around the lake or bring their own. Highlights: Low association dues! Great price point for entry into a burgeoning market! Excellent rental potential with current and future units! Ideal for both short-term and long-term investment strategies!

472966

MLS ID

May 10, 2024

Updated

Map

317 N Lake Street Unit: Unit#2 and #3 and parcels 6,7 & 8
East Jordan MI, 49727

Interior Features

Bedrooms

2


Total Bathrooms

3


Full Bathrooms

3


Laundry Description

2


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas, Forced Air

Exterior/Building Features

Lot Size

0.05 Acres


Roof

Metal


Sewer

City

School Information

School District

T32N R7W


High School

Charlevoix


Elementary School

22

Other Property Details

Area Name

East Jordan


Taxes

$2,310


Tax Frequency

Annually


Garage

No


Parking

None


Parking Total

4


View

No


County

Charlevoix


Municipality

East Jordan Cit


Water Source

City


Pool

No


Zoning

Residential

Listing History

Date

Event

Price

4/12/2024

Price Change

$469,900

-7%

Listed by Jennifer Burr with Coldwell Banker Schmidt - Boyne City
Listing Contact: 231-675-0157 

The IDX display contains information sourced from the Emmet Association of REALTORS® as of 5/10/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Emmet Association of REALTORS® all rights reserved.

Data last updated on 5/10/2024 at 11:40 PM UTC

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