multifamily

townhouse for sale

6 views

Listed: 02/13/23

216 Duncan Avenue, Cheboygan, MI 49721, USA

Studio Bed:

1 Bath:

1,752 Sq Ft Living Area:

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Price

$ 75,000

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About This Townhouse

This diamond in the rough has great income potential after it receives some investment into renovations. Set in a residential area of Cheboygan but within walking distance to shopping, dining, the Cheboygan River and the Duncan Bay Nature Preserve including a 0.9 mile round trip nature trail leading to the shores of Lake Huron. Currently configured as a triplex, it offers a main floor2BR/1BAunit, upper floor1BR/1BAunit, and 2 story1BR/1BAunit. The R-M zoning allows the option to convert to a single-family home, as preferred. Home sold as-is.

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Cheboygan Housing & Living

Household Income

Median household income: $35,972

Number of households: 1,961

The average household income in Cheboygan, MI grew from $27,206 to $35,972 in the past year. This data is an estimate based upon 1,961 households in Cheboygan, MI.
The chart below presents how household income is distributed in Cheboygan, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cheboygan, MI compared to median property taxes around the country. The prevalent amount of property taxes in Cheboygan, MI equals $800-$1,500 , which is more than the national average.