726 S Huron Street Cheboygan, MI 49721

Property Photo: 726 S Huron Street MI 49721

Listing Courtesy of: NORTHERN GREAT LAKES / Coldwell Banker Schmidt Realtors / Alex MacKenzie

726 S Huron Street Cheboygan, MI 49721

Active (4 Days)

$499,000 ^(USD)

BATH

7,500

SQFT

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Description

Excellent investment opportunity — a fully occupied 6-unit apartment complex ideally located directly across from McLaren Hospital and just minutes from Downtown Cheboygan. The property totals approximately 7,500 SF on 2.5 ± acres and consists of three 3-bedroom / 1.5-bath units and three 2-bedroom / 1.5-bath units, all currently leased month-to-month. Each unit offers two private parking spaces, a semi-private backyard area, and a dedicated storage shed. Currently offered at an approximate 8.35% CAP rate, with value-add potential through future development of the property’s excess acreage. Don’t miss this opportunity to invest in one of Cheboygan’s best-located multifamily assets.

MLS #:
1939804

Lot Size
2.5 acres

Type
Multifamily

Year Built
1960

School District
Cheboygan Area Schools

County
Cheboygan County

Community
Cheboygan

Listed By

Alex MacKenzie, Coldwell Banker Schmidt Realtors

Source
NORTHERN GREAT LAKES
Last checked Oct 25 2025 at 10:29 AM GMT+0000

Bathroom Details

Interior Features

Refrigerator
Oven/Range
Washer
Dryer
Other
High Speed Internet
Cable Tv

Subdivision

Property Features

Fireplace: Other
Foundation: Slab

Heating and Cooling

Baseboard
Electric

Exterior Features

Roof: Asphalt

Utility Information

Sewer: Public Sewer

Parking

None

Stories

Living Area

7,500 sqft

Location

Map View | Street View

Listing to Address

Address to Listing

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Disclaimer: Copyright 2025 Northern Great Lakes Realtors MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/25/25 03:29

Coldwell Banker^® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Schmidt Real Estate, LLC fully support the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with, or related to Coldwell Banker Real Estate LLC or any of its affiliated companies. All information, including concessions for agent commissions, are presented as an invitation to submit an offer only, and must be included in the purchase agreement.