About This Home

This 5-bedroom, 3-bathroom, 1,920-square-foot multi-family property offers three occupied units on the AuSable River in Grayling, Michigan. The layout includes two units with two bedrooms each and one unit with a single bedroom. All three units are currently occupied under month-to-month agreements.

The property features waterfront setting, natural gas heating, and forced-air heating. A refrigerator is included. Located at 101 Milltown Court in the T26N R3W neighborhood, this property provides a multi-unit configuration with existing tenants and a mix of two- and one-bedroom units. It may also suit a renter seeking an available unit, subject to current occupancy and rental arrangements. The list price is $299,900.

Key Features

  • Waterfront

Property Details

3 full

Amenities

Waterfront
Listing Description

Great investment property on the AuSable River. All 3 units are currently occupied and on a month to month agreement. Two units have 2 bedrooms and one unit has a single bedroom. Looking for a rental unit? Here's your spot!

Monthly Cost Estimate

$1,604/mo

20% down · 6.5% · 30 years

Principal$217
Interest$1,300
Insurance$87

Estimates only. Actual payments may vary.

Location

101 Milltown Court

Grayling, MI 49738

T26N R3W

Property Details

Construction

Vinyl

Heating

Natural GasForced Air

Appliances

Refrigerator

Questions & Answers

This 5-bedroom, 3-bathroom multi-family at 101 Milltown Court is listed at $299,900 ($156/sqft). The estimated monthly payment is $1,603 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Waterfront.

This property is listed by Betty Partello and can be reached at 9893702061.

BP

Betty Partello

Agent at River Country Realty

(989) 370-2061

Listed by River Country Realty · Broker phone: (989) 745-6004 · View on Broker Site

MLS# 201841141· Source: Water Wonderland Board of Realtors®· 111 days on PropertySimple

Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

101 Milltown Court, Grayling, MI 49738

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