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

$3,900,000

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  • 26 Units
  • 12,400 SqFt
  • MLS# 1917936
Portrait of Lisa Bradford
Presented by Lisa Bradford

231-946-4040

Traverse City-Randolph St.

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.
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
12/01/2023 
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 

Listing Video for 4612 Us-31 N, Traverse City MI 49686

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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
1917936 Active Dec 1 2023 4:31PM $3,900,000 82
1917297 Withdrawn Active Nov 30 2023 1:29PM 28
1917297 Active Nov 2 2023 11:17AM $3,900,000 28
1910450 Expired Active Nov 2 2023 2:17AM 183
1910450 Active Expired Aug 4 2023 1:58PM 183
1910450 Expired Active Aug 2 2023 2:16AM 183
1910689 Active May 8 2023 10:16AM $3,900,000 176
1908191 Expired Active May 2 2023 2:17AM 88
1910450 Active May 1 2023 9:59AM $3,900,000 183
1908110 Expired Active May 1 2023 2:17AM 89
1908110 Apr 22 2023 7:57AM $3,900,000 $4,000,000 89
1908109 Withdrawn Active Feb 7 2023 10:28AM 6
1908191 Active Feb 3 2023 9:46AM $4,000,000 88
1908110 Active Feb 1 2023 10:47AM $4,000,000 89
1334895 Expired Feb 1 2023 2:21AM $4,000,000 195
1902748 Expired Active Feb 1 2023 2:17AM 197
1902748 Active Expired Nov 1 2022 9:58AM 197
1902748 Expired Active Nov 1 2022 2:16AM 197
1902748 Active Contingency Sep 2 2022 4:46PM 197
1902679 Active Contingency Sep 2 2022 3:46PM 199
1902748 Contingency Active Aug 17 2022 9:28AM 197
1902748 Active Jul 19 2022 10:31AM $4,000,000 197
1902679 Active Jul 17 2022 1:46PM $4,000,000 199
School Information
Local Business

Learn More About This Listing

Portrait of Lisa Bradford
Presented by Lisa Bradford

231-946-4040

Traverse City-Randolph St.

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

Real Estate One logo

Listing Courtesy of Real Estate One
Office Address 521 Randolph Street

4612 Us-31 N Traverse City
Contact us
$3,900,000
For Sale • No. of Units: 26