2640 N West Silver Lake Road Traverse City, MI 49685

$295,000
2640 N West Silver Lake Road, Traverse City, MI 49685
Call 1-800-839-1363
1840192

Single Family Home for sale in Traverse City, MI

for $295,000 with 4 bedrooms and 2 full baths. This 2,250 square foot home was built in 1890 on a lot size of 6.44 Acre(s).

Property Information

  • $295,000
  • 4 Bedrooms
  • 2 Full Baths
  • Single Family
  • 2,250 Square Feet
  • 2 Story
  • Active
  • Lot size of 6.44 Acre(s)
  • Built in 1890
  • Traverse City, MI
  • Grand Traverse County
  • MLS/Web ID is 1840192

Description

Great 5.5 acre parcel with rental income of $1, 800/month (could be higher) from duplex house a 3 bedroom & 2 bedroom apartment, large 4000 sq. ft. barn, 800 sq. ft. tool shed, and a 580 sq. ft. storage shed. Located on the well traveled intersection of East & West Silver Lake Roads and only 3 miles from downtown Traverse City. Great visibility and suitability for changing use, currently zoned agricultural. A prime parcel for redevelopment. A Planned Unit Development could be up to 6 units per acre. Great countryside views, municipal sewer nearby, and municipal water is across the road. Great income potential!

Room Information

  • Bedroom (14.00 X 13.00)
  • Bedroom (15.00 X 10.00)
  • Bedroom (15.00 X 12.00)
  • Bedroom (15.00 X 13.00)
  • Family Room (15 X 12.5)
  • Kitchen (15.5 X 15.00)
  • Living Room (15 X 14.5)
  • Pantry
  • Workshop

Interior 7

Appliances

  • Electric Oven/Range
  • Refrigerator

Flooring

  • Carpet(s)

Heating Source

  • Natural Gas

Heating System

  • Forced Air

Room Features

  • Pantry
  • Workshop

Sewer

  • Private Septic

Water Source

  • Private Well

Exterior 9

Construction

  • Timber Frame

Driveway

  • Gravel/Crushed Stone Driveway

Exterior

  • Barn
  • Covered Porch

Foundation

  • Michigan Basement

Lot Description

  • Level/Flat
  • Wooded / Trees

Road Frontage

  • Blacktop
  • Public Maintained Road

Roof

  • Asphalt Roof

Siding

  • Wood Exterior

Zoning

  • Agricultural

Miscellaneous 2

Utilities

  • Cable TV Available

View

  • Scenic View

† Excluded Feature

Neighborhood & Schools

Community: Meets & Bounds
School District: Traverse City Area Public School

 See complete school information

Listed By

Broker: RE/MAX BAYSHORE-LEELANAU
Phone: (231) 342-3232

2640 N West Silver Lake Road , Traverse City, MI, 49685 is a Single Family Home for sale at $295,000 with 2,250 sqft and a lot size of 6.44 Acre(s). 2640 N West Silver Lake Road has 4 bedrooms, 2.0 baths, and was built in 1890. The property's zip code is 49685 which is in Traverse City, MI

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Market Pricing

Average % of sale price Median % of sale price
All listings in Traverse City $524,093 78 % above $339,450 15 % above
Single family listings in Traverse City $465,992 58 % above $334,900 14 % above

Get the facts about Traverse City, MI!

Population 15,817
Population Growth (since 2000) 7 %
Median Income $49,237
Median Age 41.86
Households w/ Children 21 %

Residential Dwellings

  • Owned 4357
  • Vacant 677
  • Rented 2872

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