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Sold on 12/27/2016

10131 Us-31, Interlochen, MI 49643

  • $474,000

    Last sold 12/27/2016 for $240K

  • 4

    bed

  • 3

    bath

  • 8,854

    Sqft ($27/Sqft)

Multi-family not for sale
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About 10131 Us-31

Property type Multi-family
Neighborhood
Year built 1970
HOA fee $0/month
Lot size 36.87 Acre
Movoto estimate
Property description
Unique opportunity for someone with a vision. 36.87 acres along US 31 with its own private lake. Currently 9 rental apartments, plus 2 small homes. 6 of the acres could be zoned commercial which opens up lots of possibilities for development or upgrade the existing structures and continue leasing apartments. State nature preserve adjoins to the west. Property is being sold as is. Water frontage is approximate.New boiler and new roof on main building.
Listed by
Listing Agent - John C Washburn
Listing Agent Contact: 231-922-2350
Listing Office - Coldwell Banker Schmidt-402
Source: Northern Great Lakes Regional MLS mls logo
MLS#1740484 • last updated 9 years ago
Movoto checked Northern Great Lakes Regional MLS for data 6 minutes ago
Overview
Cooling/AC Natural Gas
Levels/Style 2 Story
Status Sold In House
ZONING/USE/RESTRICTIONS Non-Conforming Use
Township Green Lake
Class Multi-Family
Type of Ownership Private Owner
Type Multi-Family
Approx Year Built 1970, 8
Above Gr. FINISHED SF Apx 1
PROPERTY TYPE Apartment Complex
Section # 17
Lot Dimensions Irreg
Total FINISHED SF Apx 8854
Number of Acres 36.87
Asking Price 280000
Assoc Documents 2
Interior
(A) Bath 1
(B) Bath 1
(C) Bath 1
(B) Bdrm 2
(C) Bdrm 1
Liv Rm Length Apx No
INTERIOR FEATURES Fixer-Upper
UNIVS DESIGN/BARRIER FREE None
Exterior
ROOF Asphalt
Year Remodeled 1970
Year Updated 1970
ADDITIONAL BUILDINGS Barn(s)
PRIMARY GARAGE None
Total # Units 12
Amenities / Utilities
FIREPLACE AND STOVES None
ECO Features No
WATER FEATURES Water View
WATER Private Well
APPLIANCES/EQUIPMENT Other
DEVELOPMENT AMENITIES None
Location
Deeded Waterfront Yes
Water Front Footage 2500
(B) # Similar Units 3
(C) # Similar Units 1
Body of Water Lost Lake
School District Traverse City Area Public Schools
$474K
Range: $80.5K-$867K
Last 30 days 
  • Dec 2016
    mls logo MLS # 1740484
  • Dec 28, 2016 Sold
    $240,000 (-14.3%)
  • Oct 29, 2012 Listed
    $280,000
  • 10131 Us-31
    $240K
  • Mi
    —
  • 49643
    $419K -9% y/y
  • Interlochen
    $419K -10% y/y
No chart available
Statistics calculated by Movoto

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7/10
West Middle School
public Grades 6-8
Traverse City Area Public Schools
8/10
West Senior High
public Grades 9-12
Traverse City Area Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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