2305 N US-31 Unit 300, Traverse City, MI 49686

$169,000
1
BD
1
BA
600
SqFt

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Sold Price
$169,000
List Price
$185,000
Closing Date
Feb 20, 2026
Days on Market
322
Status
SOLD CO-OP MEMBER
MLS#
1931753
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
600
Style
Cape Cod
Year Built
1990

Property Description

Resort rental condo in the heart of Traverse City's Miracle Mile! 200' of beautiful sandy Bay frontage with crystal clear water. This newly renovated building boasts an outdoor heated pool, sun deck by the Bay and a perfect location to start your daily adventures in northern Michigan. Furnished condo with new paint and blinds. Full kitchen. Views of the Bay and pool are just outside the kitchen window. 2024 Gross Income $25,000. Would be more but Sellers reserved time for personal use. Minutes to downtown Traverse City. Across the street from the trail system. Elevator, laundry, on-site rental management. Sorry no pets or self-rental such as airbnb. HOA $435/mo. Land contract terms 10% down, 3-yr balloon, 20-yr amortization @ 8%, taxes and insurance.

Additional Information

Building Name
North Shore Inn
Interior Features
Entrance Foyer, Solid Surface Counters, Drywall, High Speed Internet, Cable TV, WiFi
Amenities
Pool, Lake Privileges, Common Area
Exterior Features
Sprinkler System, Sidewalk
View
Water, Bay View, Bay
Heating
Forced Air, Natural Gas
Cooling
Central Air, Electric
Water
Public
Sewer
Public Sewer
School District
Traverse City Area Public Schools

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Calculator source: Real Geeks

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

Selling Office: Key Realty One-TC.