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Image 1 - 174 Railroad Avenue, Traverse City, MI 49686, USA - House for sale

Image 2 - 174 Railroad Avenue, Traverse City, MI 49686, USA - House for sale

Image 3 - 174 Railroad Avenue, Traverse City, MI 49686, USA - House for sale

Image 4 - 174 Railroad Avenue, Traverse City, MI 49686, USA - House for sale

Image 5 - 174 Railroad Avenue, Traverse City, MI 49686, USA - House for sale

Image 6 - 174 Railroad Avenue, Traverse City, MI 49686, USA - House for sale

Image 7 - 174 Railroad Avenue, Traverse City, MI 49686, USA - House for sale

Image 8 - 174 Railroad Avenue, Traverse City, MI 49686, USA - House for sale

Home For Sale In Traverse City, Michigan

174 Railroad Avenue, Traverse City, MI 49686, USA

Home For Sale In Traverse City, Michigan

house for sale

4 views

Listed: 02/15/24

174 Railroad Avenue, Traverse City, MI 49686, USA

3 Bed:

2.5 Bath:

2,704 Sq Ft Living Area:

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Price

$ 1,35M

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About This House

Prepare yourself to fall in love with this stunning property boasting fantastic West Bay views and a downtown location that cant be beat! Even better, this property is zoned C-4, allowing for the most liberal of commercial zoning rules, making for one of the most unique investment opportunities in downtown Traverse City. The street level has most recently been utilized as a music school, though zoning regulations and the location allow for a multitude of use options, including restaurants, medical/legal offices, retail shops, AirBNB, and so much more. This historic 2-story Victorian home could also easily be converted back into a residential unit- the second floor is currently a 3 bed/2 bath AirBNB, projected to see immediate cash flow. The … Full description

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Original listing

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Boardman Neighborhood Housing & Living

Household Income

Median household income: $53,237

Number of households: 6,629

The average household income in Traverse City, MI grew from $51,139 to $53,237 in the past year. This data is an estimate based upon 6,629 households in Traverse City, MI.
The chart below presents how household income is distributed in Traverse City, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Traverse City, MI compared to median property taxes around the country. The prevalent amount of property taxes in Traverse City, MI equals $3k+ , which is more than the national average.