$469,500

9994 Edgewood Avenue

Traverse City MI, 49685

Description

Unique opportunity overlooking beautiful Long Lake! This duplex is adjacent to one of the beaches/boat launches on Long Lake and offers a plethora of opportunities. Each unit offers 3BR/2BA and 1703 finished sq.ft. (916 sq.ft. above-grade), decks overlooking the water off each living room, spacious eat-in kitchens, finished walkout levels (one unit has a screened porch off the walkout), and attached garages with additional parking space. The half-acre lot is beautifully landscaped and features underground sprinkling. So many possibilities here - it's perfect for an investor who wants short-term rentals with water nearby (swimming and boating are adjacent!) without waterfront prices or taxes; it's great for owner-occupancy in one unit and a rental in the other, or the extra unit makes a perfect in-law or young-adult-at-home suite. The units are taxed separately, so one can be sold independently of the other in the future.

Details

MLS#1874400
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1972
Days On Site16

Features

Bed(s)6
Bath(s)4fb
SQ Feet3,406
Garage2
Acreage0.47
Property ViewYes

Market Activity 49685

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Area Information

StateMI
CountyGrand Traverse
CityTraverse City
Zip Code49685
AreaGrand Traverse
School DistrictTraverse City Area Public School
Listing VS Median (in 49685)
Price:
$469,500
low | high
Med:
$199,000
100% of Average
SqFt:
3,406
low | high
Med:
480
100% of Average
$ / SqFt:
$138
low | high
Med:
$104
74.809859779908% of Average
On Site:
16
low | high
Med:
115.5
13.852813852814% of Average
Listing Updated: 05/28/2020
MLS Number: 1874400
Listing Provided By:
Mike and Ben Street  of  Coldwell Banker Schmidt-522
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northern Great Lake Realtors® MLS.