3482 Mahoney Drive, Traverse City, MI 49696

$750,000
8
BA
4,568
SqFt

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Sold Price
$750,000
List Price
$799,900
Closing Date
Jun 27, 2024
Days on Market
23
Status
SOLD IN HOUSE
MLS#
1921613
Bathrooms
8
Living Area
4,568
Lot Size (Acres)
1.25
Year Built
1995

Property Description

Welcome to a fantastic investment opportunity with this well maintained quadplex! The addresses are 3482, 3484, 3486 + 3488 Mahoney Drive. Great location, just a few minutes from Traverse City. All 4 units are tenant occupied with current leases until 2025. Total rents are $6100/mo. Each unit offers two stories, private entry, an attached single-car garage and paved driveways, maximizing storage and tenant convenience. Inside each unit is nicely updated and equipped with a large living area, washer and dryer hookups, and spacious master bedrooms, complete with dual closets. Updated flooring throughout each unit. Recently upgraded kitchen cabinetry and appliances in the two end units (3482 + 3488). Outside you will find private patios and a spacious shared backyard. Please note that showings require 48 hours notice!

Additional Information

Building Name
Earlington Hills
Stories
2
Interior Features
Vaulted Ceiling(s), Entrance Foyer, Cable TV, WiFi
Amenities
None
View
Countryside View
Heating
Baseboard, Natural Gas
Water
Private
Sewer
Private Sewer
School District
Traverse City Area Public Schools

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy of Five Star Real Estate - Front St TC. 231-778-1200

Selling Office: REO-TCFront-233021.