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About This Home

This 4-bedroom, 4-bathroom residential multi family at 607 W Front in Traverse City, MI is listed for $1,700,000 ($757 per sqft). Built in 1895, the home offers 2,245 sqft of living space on a 0.19 acres lot.

Agent Description

Mid-Michigan Investors: Take a look at this irreplaceable, blue-chip asset located in the vibrant epicenter of downtown Traverse City. Situated at 607 West Front St, this fully remodeled 4-plex sits in a prime C-2 Commercial Zone, which provides excellent relief from the tight short-term rental caps that limit typical residential properties in town.

The historic 1895 Victorian was extensively renovated top-to-bottom in 2021 with full city approvals. Every space has been thoughtfully styled and furnished to maximize layout functionality. The building breakdown includes: -Unit 1: 1 Bed / 1 Bath -Unit 2: 2 Bed / 1 Bath -Unit 3: Upper 1 Bed / 1 Bath -Unit 4: 1 Bed / 1 Bath X-FACTOR LAYOUT: Two units feature built-in Murphy beds, and all units include full-size, pull-out sofas.

You can open up the internal connecting doors to transform the entire building into one massive rental configured to sleep up to 24 people across 12 beds. It is an ideal setup for large vacation groups. COMMERCIAL POTENTIAL: The flexible C-2 zoning allows for a wide array of potential uses, including premium offices, boutique retail, or corporate housing.

Under local zoning, there is potential for vertical expansion up to 45 feet, offering a strong opportunity to unlock upper-story bay views due to the property's elevated site layout. Buyers to verify all specific development plans with local planning departments.

Key Features

  • Built in 1895
  • 0.19 acre lot
  • 2 stories

Property Details

2 stories
4 full
1895

Monthly Cost Estimate

$9,092/mo

20% down · 6.5% · 30 years

Principal$1,229
Interest$7,367
Insurance$496

Estimates only. Actual payments may vary.

Location

607 W Front

Traverse City, MI 49684

Hannah Lay & Co's

Features & Amenities

Exterior Features

SidewalksStreet LightsPrivate EntryPorch

Property Details

Construction

Vinyl Siding

Parking

DrivewayPaved or Surfaced

Cooling

Ceiling Fan(s)Wall/Window Unit(s)

Appliances

DishwasherDryerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 607 W Front is listed at $1,700,000 ($757/sqft). The estimated monthly payment is $7,367 based on 20% down at 6.5% interest.

Key features include: Built in 1895, 0.19 acre lot, 2 stories. Exterior Features: Sidewalks, Street Lights, Private Entry.

This property is listed by Nonkhane Nonnie Saycosie and can be reached at 9893977346 or nsaycosie@gmail.com.

NS

Nonkhane Nonnie Saycosie

Agent at Century 21 Signature Realty

(989) 397-7346

Listed by Century 21 Signature Realty · View on Broker Site

MLS# 50208734· Source: listhub· Updated 9 days ago

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607 W Front, Traverse City, MI 49684

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