V/L 1.26ac Townline Road, Cheboygan, MI 49721
- $100,000
- List Price
- $100,000
- Price Change
- ▼ $70,500 1780599991
- MLS#
- 201838333
- Status
- ACTIVE
- Acres
- 1.26
Property Description
±1.26 AC zoned R-M, ideal for townhome or low-rise apt development in a market with documented rental shortages. A MSHDA-supported 2024 Housing Needs Assessment identifies Cheboygan County with a 400+ unit rental gap over the next 5 yrs & multifamily vacancy near 0%. Municipal water, sewer & natural gas available. Located near major retailers including Walmart Supercenter & Tractor Supply Co., plus local services & employment. Adjacent to the North Eastern State Trail, supporting a lifestyle-oriented residential product attractive to long-term renters & investors.
Additional Information
- Frontage
- None
- School District
- Cheboygan Area
- Sewer
- Municipal Sewer
Mortgage Calculator
Courtesy of Brian Wallace from The TEAM Real Estate Group.
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