MI > Grand Traverse > Traverse City > 4612 Us-31 N

$4,000,000

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  • 26 Units
  • 12,400 SqFt
  • MLS# 1902748
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Completely unobstructed sunset views over East Grand Traverse Bay are enjoyed all year long at Gold Coast Inn! 26 cash-flowing units are for sale all together, each renting separately very well but with upside opportunity too! Each has it's own keypad for entry, and the building is keypad secure as well. Being just East of downtown Traverse City, this property rents really well. The entire property has just been remodeled, each unit is fully furnished and turnkey, and the common areas on each floor look terrific. There is a large dining room and commercial kitchen on the main floor, lovely lobby entry area, an elevator, and a back porch on the main floor and an expansive front porch overlooking the bay on each floor. Fiber optic internet service is installed and ready! The Traverse Area Recreation Trail (TART) is just out the back door to ride all over the area, into Traverse City, up to Acme, or over to Suttons Bay! This investment is fully optimized and ready for you - this one's tough to beat!

Property Information

Status
Active 
Address
4612 Us-31 N 
City
Traverse City 
Zip
49686 
Year Built
1994 
Style
2+ Stories 
Possession
At Closing 
Waterfront Desc
All Sports, Bay View, Great Lake, Water View 
Listing Date
07/19/2022 
County
Grand Traverse 
Total No of Units
26 

School Information

School District
Traverse City 

Rooms and Land

Lot Dimensions
Irregular 
Total Acres
0.84 

Features

Style
2+ Stories 
Exterior Features
Balcony, Bay View, Deck, Gutters, Patio 
Basement
Other 
Appliances
All Units the Same, Blinds, Drapes, Other 
Cooling
Ductless A/C, Forced Air, Natural Gas 
Heating
Ductless A/C, Forced Air, Natural Gas 

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1902748 Active Expired Nov 1 2022 9:58AM 194
1902748 Expired Active Nov 1 2022 2:16AM 194
1902748 Active Contingency Sep 2 2022 4:46PM 194
1902679 Active Contingency Sep 2 2022 3:46PM 196
1902748 Contingency Active Aug 17 2022 9:28AM 194
1902748 Active Jul 19 2022 10:31AM $4,000,000 194
1902679 Active Jul 17 2022 1:46PM $4,000,000 196
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

MITAAR Logo

Listing Courtesy of Homewaters, Llc
Office Address 697 Hannah Ave, Suite B

4612 Us-31 N Traverse City
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$4,000,000
For Sale • No. of Units: 26