463 W State Street Cheboygan, MI 49721
3 bed / 4 bath / 1,230 Sq. Ft. / Triplex
Status: Sold
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Here's your chance to own a prime investment property in the heart of downtown Cheboygan. This property features three one-bedroom units, offering excellent rental potential. While some updates are needed, the current owner has had no trouble keeping the units rented, highlighting strong demand in the area. The property has a new boiler and an updated electric panel, adding to its appeal. Located just a short walk from Main Street, this property offers easy access to local shops and dining. Enjoy the beautiful Cheboygan River, City Beach, and the popular bike/snowmobile trail, all just steps away. With its ideal location and potential for upgrades, this property is a great investment opportunity in a sought-after area. Seller is licensed Realtor in the state of Michigan.
property details
Type
Triplex
Status
Closed
County
Cheboygan
Sq. Ft.
1,254
Listing Id
201832732
Courtesy Of
Billy Jewell - Berkshire Hathaway HomeServices-Cheboygan billyjewell@bhhsmi.com
List Office Phone
+1 (231) 627-7186
Subdivision
T38N R1W
Interior Features
Beds
3
Living Area Units
Sq. Ft.
Appliances
Refrigerator
Gas Oven
Gas Range
Gas Oven
Gas Range
Bathrooms Total
4
Exterior Features
Stories
2
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Gas Heat
Baseboard
Hot Water
Baseboard
Hot Water
Building Area Total
1,254 Sq. Ft.
Architectural Style
2 Story
Northern Michigan MLS, Inc listings presented by:
203 Bridge St.
Charlevoix, Michigan 49720
(231) 547-9905
Price History
| date | event | price | source |
|---|---|---|---|
|
06/20/2025
06/20/2025
|
Sold |
$115,000
|
Water Wonderland MLS |
|
06/06/2025
06/06/2025
|
Contingent |
$129,900
|
Water Wonderland MLS |
|
06/03/2025
06/03/2025
|
Active |
$129,900
|
Water Wonderland MLS |
|
05/21/2025
05/21/2025
|
Contingent |
$129,900
|
Water Wonderland MLS |
|
04/15/2025
04/15/2025
|
Active |
$129,900
|
Water Wonderland MLS |
|
12/02/2024
12/02/2024
|
Active |
$134,900
|
Water Wonderland MLS |
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Market Trends
Source: Constellation1
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