115 N Michigan Avenue Beulah, MI ^$ 1,295,000

115 N Michigan Avenue

^$ 1,295,000

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115 N Michigan Avenue

Beulah, MI, 49617

^$ 1,295,000

Studio Baths0.0

Monthly Estimate*

^$ 8,079

115 N Michigan Avenue, Beulah, MI 49617 - Image 1

115 N Michigan Avenue, Beulah, MI 49617 - Image 2

115 N Michigan Avenue, Beulah, MI 49617 - Image 3

115 N Michigan Avenue, Beulah, MI 49617 - Image 4

115 N Michigan Avenue, Beulah, MI 49617 - Image 5

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115 N Michigan Avenue, Beulah, MI 49617 - Image 8

115 N Michigan Avenue, Beulah, MI 49617 - Image 9

Studio

Multi-Family Home for sale in Beulah, MI

for $1,295,000. This home was built in 1935 on a lot size of 0.31.

Great income opportunity with immediate, positive cash flow and lots of redevelopment potential to dramatically increase revenue even further. Located in the popular vacation destination of Beulah, Eden Brook Place boasts 18 individual units on the upper level currently leased as long-term but can easily be converted to short-term as well. Another 9,000 square feet on the lower level is currently gutted and ready for your vision: additional condos, office space, retail, banquet facility, corporate meeting events, etc. Architectural plans for additional rental units are included in the sale. It's ideal location is steps away Crystal Lake and close to many amenities including hiking, parks, boating, golfing, skiing, and many more!

Multi-Family Active

Price

^$ 1,295,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.31

Year Built

1935

Town/City

Beulah

County/Region

Benzie

MLS | Web ID

80054160

Features

General

Heating Wall Heat Forced Air

Cooling Wall/Window A/C

Possession Negotiable (Possession)

Water Public Water

Appliances Dryer Range/Oven Refrigerator Washer

Status Active Accepting Backup Offers

Year Built 1935

Subdivision Eden Brook Condomindiums MI

County Benzie

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality Benzonia Twp

Section 23

Zoning Multi-Family Commercial Residential

Sale/Rent For Sale

Status Detail 3

Utilities Cable Available

Structure Style 2 Story

Area Benzonia Twp (10002)

Primary City Beulah

Directions US 31 (Michigan Avenue) in Beulah on the east side of the road.

City Beulah

School District Benzie County Central School

Financial Terms Cash Exchange/Trade Land Contract

Legal Description EDEN BROOK CONDOMINIUMS BLK 27 T26N R15W VILLAGE OF BEULAH Units 1-22 there are multiple tax IDs and legal descriptions (please see attached document).

DOM 295

Postal Code 49617

Public Remarks Great income opportunity with immediate positive cash flow and lots of redevelopment potential to dramatically increase revenue even further. Located in the popular vacation destination of Beulah

Interior

Basement Poured

Total Number of Units 18

Fuel Type Electric Natural Gas

Exterior

Exterior Wood

Lot Size Area 0.31

Lot Dimensions 150x90

Water Features Creek/Stream/Brook

Waterfront Y/N No

* Excluded Features

List By

Joseph Van Antwerp

Listing Agent

Keller Williams Northern Michigan

Broker

joevsellstc@gmail.com

Affordability Calculator

$8,079

Per Month

Monthly Principal & Interest: $8,079
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Beulah, MI

Average List Price ^$1,295,000

Percent of Sale Price 0%

About Beulah, MI

288 Population

-10% Since 2002

^$47,215 Median Income

50.89 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3894630 Elementary School

3894628 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
2/11/2025	$1,295,000		Listed Price

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115 N Michigan Avenue, Beulah, MI, 49617 is a Multi-Family Home for sale at $1,295,000 with a lot size of 0.31. 115 N Michigan Avenue is a studio with 0.0 baths and was built in 1935. The property's zip code is 49617 which is in Beulah, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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115 N Michigan Avenue

Multi-Family Home for sale in Beulah, MI

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