111 S Elm St
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Sold

111 S Elm St

111 South Elm Street, Suttons Bay, MI 49682

$213,500
Great opportunity 2 invest in Suttons Bay Village. The seller is motivated to sell and may consider carrying a small second behind the first for a short period of time. Property can also be used as straight rental & will return appx 9% cash-on-cash with an appx 7% rate of capitalization based on 80% LTV, 30 year fully amortizing loan @ current quoted fixed rate 3.875 % with 2.75 points. Ask Me How!

5
beds

2
baths

2,760 Sq.Ft. LIVING AREA

0.41 Acres lot

CAROLE HIGGINS

CAROLE HIGGINS

Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms2
  • full bathrooms2

Area & Lot

  • Status Sold
  • Living Area2,760 Sq.Ft.
  • Lot Area0.41 Acres
  • MLS® ID1733070
  • TypeMulti-Family
  • YEAR BUILT1968
  • NeighborhoodLEELANAU (COUNTY)

Financial

  • Sales Price$213,500

LEELANAU (COUNTY)

Leelanau County is a beautiful area in Michigan that covers a picturesque peninsula, a triangular-shaped landmass that juts into Lake Michigan. The county offers stunning views of the lake and the Grand Traverse Bay, as well as diverse natural attractions like Sleeping Bear Dunes National Lakeshore, Leelanau State Park, and Manitou Islands. The county also has charming villages, wineries, farms, and cultural sites that reflect its rich history and heritage. If you are looking for a place to live that combines nature, culture and community, Leelanau County might be the perfect place for you.

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