623 Frankfort Avenue Elberta, MI 49628

$149,000
623 Frankfort Avenue, Elberta, MI 49628
1844912

Multi-Family Home for sale in Elberta, MI

for $149,000 with 6 bedrooms and 3 full baths. This 3,000 square foot home was built in 1950 on a lot size of 100 x 50.

Property Information

  • $149,000
  • 6 Bedrooms
  • 3 Full Baths
  • Multi-Family
  • 3,000 Square Feet
  • 2 Story
  • Active
  • Lot size of 100 x 50
  • Built in 1950
  • Elberta, MI
  • Benzie County
  • MLS/Web ID is 1844912

Description

Investment opportunity in downtown Elberta. This commercial or residential triplex includes three, two, and one bedroom apartments with large outdoor decks and bay views. Current monthly income of $2, 350. Appliances in each unit included. Near downtown Frankfort with shopping, restaurants, bike trail, and beautiful public beaches on Lake Michigan!

Rental Information

Not For Lease

Interior 5

Appliances

  • Electric Oven/Range
  • Refrigerator

Heating Source

  • Natural Gas

Heating System

  • Forced Air

Sewer

  • Municipal

Water Source

  • Municipal

Exterior 7

Construction

  • Frame

Exterior

  • Bay Window(s)
  • Deck

Foundation

  • Slab

Road Frontage

  • Public Maintained Road

Roof

  • Asphalt Roof

Siding

  • Vinyl

Zoning

  • Commercial
  • Multi-Family

Miscellaneous 2

Utilities

  • Cable TV Available
  • Wireless Ready

View

  • Bay View

† Excluded Feature

Neighborhood & Schools

Community: Village of Elberta
School District: Frankfort-Elberta Area Schools

Listed By

Broker: CENTURY 21 NORTHLAND-FRANKFORT
Phone: (231) 352-7123

623 Frankfort Avenue , Elberta, MI, 49628 is a Multi-Family Home for sale at $149,000 with 3,000 sqft and a lot size of 100 x 50. 623 Frankfort Avenue has 6 bedrooms, 3.0 baths, and was built in 1950. The property's zip code is 49628 which is in Elberta, MI

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Pricing History

Date Price Price Change Description
8/31/2018 $149,000 -11.83 % Price Change
7/13/2018 $169,000 -10.58 % Price Change
4/14/2018 $189,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Elberta $405,390 172 % above $344,000 131 % above
Multi-family listings in Elberta $149,000 0 % below $149,000 0 % below

Get the facts about Elberta, MI!

Population 300
Population Growth (since 2000) -13 %
Median Income $40,556
Median Age 50.62
Households w/ Children 22 %

Residential Dwellings

  • Owned 110
  • Vacant 39
  • Rented 29

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