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Listed price in listed location currency (USD).
$499,000
$499,000

000

MLS® 78080063033

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1150 sqft
Garage No
Taxes 
Lot Size 2.5 acres
Approx. Age 1960
Avg. Price Per Sqft $433
MLS® Number 78080063033

Property Address: 726 S Huron St, Cheboygan, MI, 49721-2268

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity â€" 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® Number78080063033
Laundry Level
Central VacNo
FireplaceNo
Acreage2.5
Exterior
GarageNo
Approx. Age1960
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Oct 27, 2025End Date
$499,000Sold Price

Sold

Oct 22, 2025List Date
$499,000List Price
  • Commute

Commute

Starting Address
Destination Address
726 S Huron St, Cheboygan, MI

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