1159 Oak Terrace Drive, Traverse City MI 49686 Photo 1 1159 Oak Terrace Drive, Traverse City MI 49686 Photo 2 1159 Oak Terrace Drive, Traverse City MI 49686 Photo 3 1159 Oak Terrace Drive, Traverse City MI 49686 Photo 4 1159 Oak Terrace Drive, Traverse City MI 49686 Photo 5 1159 Oak Terrace Drive, Traverse City MI 49686 Photo 6 1159 Oak Terrace Drive, Traverse City MI 49686 Photo 7

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1159 Oak Terrace Drive - 2 UNIT RENTAL OR OWNER OCCUPIED WITH A RENTAL. THE PRESENT USE IS NOT THE BEST USE AS THIS PROPERTY IS ZONED R-3 +FAM. THIS LARGE LOT WILL HOLD SEVERAL RENTALS DEPENDING ON SIZE. SEE ZONING RULES. THIS IS A GREAT OPPORTUNITY FOR THE INVESTOR OR AN OWNER OCCUPIED BUSINESS.

Listing information

  • MLS® ID: 1822189
  • Status: Active
  • New Construction: No
  • Lot Area: 0.95
  • School District: Traverse City Area Public Schools
  • Style: Duplex
  • Stories: 0
  • Special Considerations: Estate / Trust
  • Lot Size: 250 X 165
  • Year Built: 1951
  • Parking Type Description: None 0 cars
  • Total Square Footage: 1,488 ($110.82 per sq. foot)
  • County: Grand Traverse

Features

(A) Din Rm Yes
(A) Kit Yes
(A) Liv Rm Yes
(B) Din Rm No
(B) Kit Yes
(B) Liv Rm Yes
ADDITIONAL BUILDINGS Garden/Storage Shed
APPLIANCES/EQUIPMENT Dryer, Oven/Range, Refrigerator, Washer
CONSTRUCTION Frame
Deeded Waterfront No
DEVELOPMENT AMENITIES None
DOCUMENTS ON FILE LBP Disclosure, Sellers Disclosure
ECO Features No
ENERGY EFFICIENT Not Applicable
EXTERIOR FEATURES Patio
EXTERIOR FINISH Aluminum Siding, Other
FIREPLACE AND STOVES None
FOUNDATION Slab
HEATING/COOLING SOURCES Natural Gas
HEATING/COOLING TYPE Forced Air
INCLUDED IN LEASE Sewer, Trash Removal, Water
INTERIOR FEATURES Great Room, Island Kitchen, Laundry Hook-up, Mud Room, Vaulted Ceilings
MINERAL RIGHTS Unknown
Other (A) # Similar Units - 0, (A) Apx SQFT - 960, (A) Bath - 1, (A) Bdrm - 3, (B) # Similar Units - 0, (B) Apx SQFT - 528, (B) Bath - 1, (B) Bdrm - 1, Development Name - Midtown (Lower), Total # Units - 2
POSSESSION At Closing
PRIMARY GARAGE None
PROPERTY TYPE 2 Residences / 1 Lot, Guest Quarters
RENEWABLE Not Applicable
ROAD Blacktop, Public Maintained
ROOF Asphalt
SEWER Private Septic
STYLE 1 Story, Other, Ranch
TV SERVICE/INTERNET AVAIL Cable TV
UNIVS DESIGN/BARRIER FREE No Steps Entry
WATER Private Well
WATER CONSERVATION Not Applicable
WATER FEATURES None
ZONING/USE/RESTRICTIONS Multi-Family
Listing Courtesy of Kim Becker of Keller Williams-Greater Gt 534 E Front Street Suite 1 Traverse City Mi 49686