$1,295,000
UNDER CONTRACT

115 N Michigan Ave Beulah, MI 49617

Estimated payment $8,296/month

Total Views 16,520
-- Bed
-- Bath
9,000 Sq Ft
$144 Price per Sq Ft

Highlights

  • Home fronts a creek
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Fireplace

About This Home

Great income opportunity with immediate, positive cash flow and lots of redevelopment potential to dramatically increase revenue even further. Located in the popular vacation destination of Beulah, Eden Brook Place boasts 18 individual units on the upper level currently leased as long-term but can easily be converted to short-term as well. Another 9,000 square feet on the lower level is currently gutted and ready for your vision: additional condos, office space, retail, banquet facility, corporate meeting events, etc. Architectural plans for additional rental units are included in the sale. It's ideal location is steps away Crystal Lake and close to many amenities including hiking, parks, boating, golfing, skiing, and many more!

Listing Agent

Lorri Schreiber

Keller Williams Northern Michi License #6506034931 Listed on: 02/11/2025

Keller Williams Northern Michi

Co-Listing Agent

JOSEPH VAN ANTWERP

Keller Williams Northern Michi License #6501332701

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 150x90
  • Home fronts a creek
  • The community has rules related to zoning restrictions

Home Design

  • Poured Concrete
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 9,000 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Oven or Range

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Multiple Heating Units
  • Heating System Mounted To A Wall or Window

Community Details

  • 18 Units
  • Eden Brook Condomindiums Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Condominium
  • Style: 2 Story
  • Estimated Year Built: 1935
  • Construction: Timber Frame
  • Section Number: 23
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1935

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer
  • Price Per Sq Ft: 143.89
  • Range: R 15W
  • Total Finished Sf Apx: 9000

Exterior Features

  • Exterior Finish: Wood
  • Foundation: Poured Concrete
  • Number Of Acres: 0.31
  • Road: Public Maintained
  • Roof: Asphalt
  • Water Features: Creek

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Internet
  • Water: Municipal
  • Heating Cooling Type: Forced Air, Wall
  • Fireplace And Stoves: Fireplace

Association/Amenities

  • Development Name: Eden Brook Condomindiums

Schools

  • School District: Benzie County Central Schools

Lot Info

  • Lot Dimensions: 150x90
  • Zoning Use Restrictions: Residential, Multi-Family, Commercial, Deed Restrictions, Rental History

Rental Info

  • Included In Lease: Not For Lease
  • Rent Spree Y N: No

Multi Family

  • Total Number Units: 18

MLS Schools

  • School District: Benzie County Central Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 For Sale $1,295,000 -- $144 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1930777

Northern Great Lakes REALTORS® MLS
Michigan Benzie County Beulah 49617

115 N Michigan Ave, Beulah, MI

This home is located at 115 N Michigan Ave, Beulah, MI 49617 and is currently priced at $1,295,000, approximately $143 per square foot. This property was built in 1935. 115 N Michigan Ave is a home located in Benzie County with nearby schools including Benzie Central Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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Lorri Schreiber
Listing Agent
Lorri Schreiber
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Keller Williams Northern Michi
(231) 227-3417