2370 M-137

Interlochen, MI
$ 320,000 Beds 7 Baths 3 Sq 2,855
Monthly Estimate* How much can I afford?

Buy your new Home and let it pay for its self! Three Structures- Live in one & rent the other two or start that business you have always dreamed of owning. 1. Building One is approximately 1102 sq ft and is situated directly on M-137. This building makes an excellent store front but also has a bathroom, full kitchen, 2 bedrooms & washer and dryer, could be a residential rental or a home for someone who wanted to run a business out of their home - currently used as residential rental at $850 per month. 2. "Building Two"is also directly on M-137; is approximately 675 sq ft. This building has an excellent rental history. It is currently used as a residential rental but could easily be converted into a retail shop or art gallery. 2 bdrs, 1 bath. Current rental income is $750.00 per month. 3. "Building Three" is directly behind the other two with frontage on West Railroad Rd. This building also has an excellent rental history, currently a residential rental (but also zoned commercial). 1150 sq ft, 3 bdrs, 1 bath. Large attached Pole barn/garage with high ceiling and metal roof; garage has been rented separately from house as a resale shop & storage unit. There are gardens on the grounds and a potting shed with greenhouse roof - used for potting and creating floral arrangements for resale. Current rent is $950.00 per month. Seller uses pole barn/garage currently for personal uses but this building could produce approximately an additional $400.00 per month. The possibilities are endless with the "one of a kind" opportunity. Only 1 mile from Interlochen Center for the Arts & 13 miles to Traverse City!

Single Family

  • Price
  • $ 320,000
  • Lot Size
  • 10,019 SqFt
  • Bedrooms
  • 7
  • Sqr Footage
  • 2,855
  • Full Bathrooms
  • 3
  • Year Built
  • 1975
  • Half Bathrooms
  • 0
  • City, Zip
  • Interlochen
  • County
  • GRAND TRAVERSE
  • Style
  • 2 Story
  • Area
  • Grand Traverse
  • MLS#
  • 1839363
  • Zip
  • 49643
Listing Provided by: BOUWMAN REALTY GROUP

Features

General

Basement Crawl Space
HOA Fee Includes None
Latitude 44.65342
Longitude -85.76846
School District Traverse City Area Public Schools
Zoning Commercial, Residential

Interior Features

Interior Features Other

Exterior Features

Garage Capacity 3
Land Features Level
Roof Asphalt
Sewer Private Septic
Water Features None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Mount Pleasant, MI office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

10/9/2017 Listed $314,900

Property vs Zip Code Average in 49643

Price
AVG $300K
$320K
Visits
AVG 37
338
Year Built
AVG 1990
1975

Map

Areas That We Cover

2370 M-137 Interlochen, MI is a Single Family Home for sale at $320000 with 2855 sqft and a lot size of 10,019 SqFt Acre(s). 2370 M-137 Interlochen has 7 bedrooms, 3 baths and was built in 1975. The property's zip code is 49643 which is in Interlochen, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.