Real Estate in the Sleeping Bear and Grand Traverse Regions
Burt & Julie Williams
231-518-4043231-518-4043

823 Leelanau Avenue, Frankfort, MI 49635 (MLS # 1851562)

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PRICE $400,000
BEDS 3
BATHS 2 full, 1 three-quarter
HOME SIZE 2,800 sq ft
LOT SIZE 6,969 sqft

Location, Location! Great opportunity to own this beautifully renovated property in historic neighborhood in downtown Frankfort, just a few minutes’ walk to the beach, and just 1000 feet from the boat launch, marina, and bike path.   The 1800 Square Foot main house built in the late 1800's by a Norwegian ship captain, has undergone an extensive restoration over the last 18 months.  Main floor is currently used by the owners as an apartment and is all new after being stripped to the studs.  Upstairs is currently an AIRBNB apartment that underwent a refresh after already being renovated by the previous owner. You could easily turn this up and down Victorian back into a single family home or continue to take in the revenue.  A great addition to the property is the large 3-car detached garage with workshop and brand new 800 SF ADU (Auxiliary Dwelling Unit) above.   Enjoy relaxing evenings on the covered front porch , barbecuing on your private rear deck.   This Property is zoned Multi Family and has an Excellent Rental Income. It is generating around $25,000 in income using only two of the three units, One unit as a Vacation Rental the other a Long Term Rental on a month to month lease so cancel the rentals or continue to enjoy the income. Turn this entire property into a Vacation Rental, Or make it your family compound with multiple guests quarters. You have lots of options with this very unique property. Truly one of a kind.  This is a must see. A perfect example of renovations done right.

DAYS ON MARKET 120 LAST UPDATED 12/16/2018
YEAR BUILT 1881 GARAGE SPACES 3.0
COUNTY Benzie TOTAL PARKING 3
STATUS Sold PROPERTY TYPE(S) Single Family, Residential

SCHOOLS
School District Frankfort-Elberta Area Schools

PRICE HISTORY
Prior to Oct 17, '18 $479,765
Oct 17, '18 - Today $449,945


ADDITIONAL DETAILS
ADDITIONAL BUILDINGS None
APPLIANCES/EQUIPMENT Blinds, Ceiling Fan, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
ASSOCIATION FEE INCLUDES None
ATTACHED CONDO No
CLASS Single Family
CONSTRUCTION Frame
DEEDED WATER No
DEVELOPMENT AMENITIES None
DOCUMENTS ON FILE LBP Disclosure, Sellers Disclosure
DRIVEWAY Alley Access, Concrete
ECO FEATURES No
ENERGY EFFICIENT Energy Star Appliances, Low-e Windows
EXTERIOR FEATURES Balcony, Covered Porch, Deck, Fenced Yard, Garden Area, Gutters, Landscaped, Multi-Level Decking, Sidewalk, Sprinkler System
EXTERIOR FINISH Vinyl
FIREPLACES AND STOVES None
FOUNDATION Full
HEATING/COOLING SOURCES Natural Gas
HEATING/COOLING TYPES Ductless A/C, Hot Water
INCLUDED IN LEASE Exterior Maintenance
INTERIOR FEATURES Breakfast Nook, Drywall, Foyer Entrance, Granite Bath Tops, Granite Kitchen Tops, Great Room, Mud Room, Pantry, Walk-In Closet(s), Workshop
LAND FEATURES Level
LAUNDRY LEVEL Main Floor
LEASE TERM Month-to-Month
LISTING SYNDICATION Yes
LOCKBOX Combo
MASTER BATH Shared
MBR LEVEL Main Floor
MINERAL RIGHTS No
ORIGINATING MLS TAAR
PARCEL DESCRIPTION Other
PRIMARY GARAGE Alley Entrance, Concrete Floors, Detached, Door Opener, Heated, Paved Driveway
RANGE R 16W
RENEWABLE Not Applicable
ROAD Blacktop, Public Maintained
ROOF Asphalt
SALE/RENT For Sale
SECTION # 22
SEWER Municipal
STYLE 2 Story, Victorian
TERMS Cash, Conventional, FHA, Veterans/VA
TOWN T 26N
TV SERVICE/INTERNET AVAIL Cable TV, WiFi
TYPE Residential
TYPE OF OWNERSHIP Private Owner
UNIVS DESIGN/BARRIER FREE Covered Entrance, Low Threshold Shower
VARIABLE RATE No
WATER Municipal
WATER CONSERVATION Not Applicable
WATER FEATURES None
ZONING/USE/RESTRICTIONS Multi-Family

ZESTIMATE
$394457  823 Leelanau Avenue, Frankfort, MI

RENT ZESTIMATE
$1249 / mo.  823 Leelanau Avenue, Frankfort, MI

55 Somewhat Walkable



 
CONTACT US ABOUT 823 LEELANAU AVENUE
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Listing provided by Coldwell Banker Schmidt-522. 522 E Front St, Traverse City, Mi, 49686

The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright © Northern Great Lakes REALTORS ® MLS. All Rights Reserved.

Data last updated: 3/21/19 5:30 PM PDT

 

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Burt & Julie Williams

Realtors

Julie@burtandjulie.com

231-518-4043231-518-4043 main

RE/MAX Bayshore Properties

601 Main St., Frankfort, MI 49635