Seller's Agent in 2025
Brett Binkley
EXP Realty
(231) 590-8230
52 Total Sales
6822 U S 31 Charlevoix, MI 49720
6
Beds
6
Baths
2,490
Sq Ft
1.33
Acres
About This Home
As of May 2025New year new business? Purchase this income producing 7 unit multi-family development on over an acre of commercially zoned property, well located near the Charlevoix Airport and convenient shopping options. The units are now connected to the city sewer. Most of the 1 bedroom 1 bath units have been remodeled over the last few years. The 1 acre parcel with 200' of US 31 frontage, offers a wide variety of different opportunities for income (see Charlevoix Township Zoning permitted uses). To enhance the existing rental business, add an onsite laundry, carports, or more units! Might even be able to be converted to vacation rentals. As an added bonus, there's one campsite with full hook-ups that has been consistently rented for many summers.
Last Buyer's Agent
See Agt Remarks Non Member ACK
Antrim Charlevoix Kalkaska Association of REALTORS
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,416
Year Built
- Built in 1947
Lot Details
- 1.33 Acre Lot
- Lot Dimensions are 200 x 240
Home Design
- Slab Foundation
- Wood Frame Construction
- Metal Roof
Interior Spaces
- 2,490 Sq Ft Home
- Crawl Space
- Range
Utilities
- Heating Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 15-004-034-024-00
Community Details
Overview
- 7 Units
Building Details
- 1 Separate Electric Meter
- Electric Expense $10,863
- Fuel Expense $805
- Insurance Expense $2,724
- Water Sewer Expense $2,008
- Gross Income $80,772
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | Sold | $500,000 | -8.3% | $201 / Sq Ft |
| 04/02/2025 04/02/25 | Off Market | $545,000 | -- | -- |
| 01/02/2025 01/02/25 | Price Changed | $545,000 | -4.2% | $219 / Sq Ft |
| 07/12/2024 07/12/24 | For Sale | $569,000 | -- | $229 / Sq Ft |
Source: Northern Michigan MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,847 | $126,200 | $0 | $0 |
| 2023 | $3,677 | $123,600 | $0 | $0 |
| 2022 | $3,464 | $112,900 | $0 | $0 |
| 2021 | $3,062 | $91,600 | $0 | $0 |
| 2020 | $2,810 | $92,200 | $0 | $0 |
| 2019 | $2,820 | $63,300 | $0 | $0 |
| 2018 | $2,765 | $61,900 | $0 | $0 |
| 2017 | $2,650 | $61,900 | $0 | $0 |
| 2016 | $2,558 | $61,800 | $0 | $0 |
| 2015 | $61,400 | $61,300 | $0 | $0 |
| 2014 | $61,400 | $61,400 | $0 | $0 |
| 2013 | -- | $61,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brett Binkley
-
S
Buyer's Agent in 2025
See Agt Remarks Non Member ACK
Antrim Charlevoix Kalkaska Association of REALTORS
Map
Source: Northern Michigan MLS
MLS Number: 474331
APN: 004-034-024-00
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