726 S Huron Street Cheboygan, MI ^$ 499,000

726 S Huron Street

^$ 499,000

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726 S Huron Street

Cheboygan, MI, 49721

^$ 499,000

Studio Baths0.0 Sq 1,150

Monthly Estimate*

^$ 3,113

726 S Huron Street, Cheboygan, MI 49721 - Image 1

726 S Huron Street, Cheboygan, MI 49721 - Image 2

726 S Huron Street, Cheboygan, MI 49721 - Image 3

726 S Huron Street, Cheboygan, MI 49721 - Image 4

726 S Huron Street, Cheboygan, MI 49721 - Image 5

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726 S Huron Street, Cheboygan, MI 49721 - Image 10

726 S Huron Street, Cheboygan, MI 49721 - Image 11

Studio

Multi-Family Home for sale in Cheboygan, MI

for $499,000. This 1,150 square foot home was built in 1960 on a lot size of 2.5.

Excellent investment opportunity Ã¢â¬â a fully occupied 6-unit apartment complex ideally located directly across from McLaren Hospital and just minutes from Downtown Cheboygan. The property totals approximately 7,500 SF on 2.5 ÃÂ± acres and consists of three 3-bedroom / 1.5-bath units and three 2-bedroom / 1.5-bath units, all currently leased month-to-month. Each unit offers two private parking spaces, a semi-private backyard area, and a dedicated storage shed. Currently offered at an approximate 8.35% CAP rate, with value-add potential through future development of the propertyÃ¢â¬â¢s excess acreage. DonÃ¢â¬â¢t miss this opportunity to invest in one of CheboyganÃ¢â¬â¢s best-located multifamily assets.

Multi-Family Active

Price

^$ 499,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

2.5

Year Built

1960

Town/City

Cheboygan

County/Region

Cheboygan

MLS | Web ID

80063033

Features

General

Heating Baseboard

Possession At Close

Water Public Water

Appliances Dryer Range/Oven Refrigerator Washer

Status Active Accepting Backup Offers

Year Built 1960

Subdivision N/A MI

County Cheboygan

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality Cheboygan

Section 6

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 3

Utilities Cable Available

Structure Style 2 Story

Area Cheboygan (16022)

Primary City Cheboygan

Directions South on S Main St from Downtown Cheboygan West on W Lincoln Ave South on S Huron St property will be on your right.

City Cheboygan

School District Cheboygan Area Schools

Financial Terms Cash Exchange/Trade

Legal Description partial from tax ID: PLAT OF SUPERVISOR JOHN P GALBRAITH'S SECOND ADDITION TO THE CITY OF CHEBOYGAN. LOT 19; WLY 200FT LOT 18 & W 175FT LOT 20 BLK 1. (SEC 6 T37NR1W)

DOM 42

Postal Code 49721

Price Per Sq Ft Total AG 433.91

Public Remarks

Interior

Total Number of Units 6

Fuel Type Electric

Exterior

Lot Size Area 2.5

Lot Dimensions irregular

Water Features None

Waterfront Y/N No

* Excluded Features

List By

Alex MacKenzie

Listing Agent

Coldwell Banker Schmidt Traver

Broker

alex.mackenzie@cbsrcommercial.com

Affordability Calculator

$3,113

Per Month

Monthly Principal & Interest: $3,113
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 Cheboygan, MI

Average List Price ^$499,000

Percent of Sale Price 0%

About Cheboygan, MI

4,721 Population

-9% Since 2002

^$32,746 Median Income

41.6 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3602798 Elementary School

3602794 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/22/2025	$499,000		Listed Price

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726 S Huron Street, Cheboygan, MI, 49721 is a Multi-Family Home for sale at $499,000 with 1,150 sqft and a lot size of 2.5. 726 S Huron Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 49721 which is in Cheboygan, 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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726 S Huron Street

Multi-Family Home for sale in Cheboygan, MI

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