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$599,900
Est. payment /mo
508 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 508 sqft
Price per Sqft $1,180
Subdivision Hannah Lay & Co'S 3Rd Add
MLS Listing ID 78080073206
Year Built 1890
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type MultiFamily
Property Description
Slabtown homes don't turn over often, and a true two-residence property here turns over even less. This is a rare opportunity to let a second residence help offset the mortgage while putting you in one of Traverse City’s most walkable, sought after locations. The neighborhood lives up to the reputation, with multiple parks, the TART Trail and a beach just blocks away. Local staples like Slabtown Burgers, Tom's Food Markets, and Dairy Lodge are all within easy reach, so plenty of errands turn into a walk instead of a drive. The home offers two distinct living spaces, each with its own entrance, kitchen, and bath. Use the secondary living quarters as a rental to help offset the mortgage, create a comfortable mother-in-law suite, give adult kids their own space when they move back home, accommodate a caretaker, host long-term guests, or simply keep a separate space for work or hobbies. The main home features refinished hardwood floors and an updated bathroom, while the three-stall garage brings serious utility, including one bay with a raised door built for a boat. A large concrete parking pad alongside the garage provides even more room for vehicles or a trailer. Out back, a generous yard framed by mature trees leads to a patio to catch the afternoon sun. There’s plenty of room to spread out, entertain, garden, or simply enjoy having outdoor space of your own. Income, family, guests, caregiving, or just more room to live, this is a property that can evolve with you. In a neighborhood where opportunities like this rarely come along, the flexibility is already built in. This is Slabtown living, ready for its next owner.
Location
State MI
County Grand Traverse
Area Area28042Traversecity
Rooms
Basement Partial
Interior
Interior Features WalkInClosets
Heating Forced Air, Natural Gas
Flooring Hardwood
Fireplace No
Exterior
Parking Features Detached, Garage
View Y/N No
Building
Foundation Basement
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Traverse City
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Virtual Tour https://www.youtube.com/watch?v=-Xnls_Uss3w
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Listed by Janel Brown of REO-TCFront-233021
NEARBY SCHOOLS & PROPERTIES
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