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Laura DeSmit

lauradesmit@gmail.com +1(734) 564-2736

$ 695,000

Est. payment | -/mo

4 Beds

3 Baths

2,823 SqFt

Save Virtual Tour

$ 695,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

3 Baths

2,823 SqFt

Open House

Thu Jul 09, 1:00pm - 2:00pm

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 2,823 sqft

Price per Sqft $246

Subdivision Perry Hannah'S 1St Add

MLS Listing ID 78080068241

Style Apartment, Other

Bedrooms 4

Full Baths 3

Year Built 1880

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type SingleFamilyResidence

Property Description

Rare investment opportunity, a grandfathered 3-unit home in downtown Traverse City where historic charm meets a highly lucrative property in Traverse City proper. 214 West Tenth Street delivers turnkey character alongside a certified, legally grandfathered three-unit status. In a highly restricted zoning market, this legal triplex represents a scarce, high-yield asset that is nearly impossible to replicate today. Main floor features a formal foyer, original trim, doors, and hardware. Includes a large living/dining combo with grand front windows, hardwood flooring, a faux fireplace, a kitchen with a casual breakfast nook, two ample bedrooms, and a full bath. Upstairs front offers a private apartment featuring hardwood floors, a large bedroom, a dedicated kitchen, a living room, and a full bath. Upstairs back provides a completely separate entrance, hardwood floors, a living area, an updated kitchen with appliances and modern cabinets, a large bedroom with a walk-in closet, and a full bath. A bonus lower level with dual front and back access leads to a basement with a dedicated laundry area, built-in cupboards, a large closet, and an flexible additional room perfect for a den, hobby space, or guest overflow. Exterior provides a rare, detached three-car garage paired with an expansive, professionally landscaped, and fully fenced backyard. Situated in the heart of the "Cherry Capital of the World," your tenants or guests will enjoy a vibrant downtown lifestyle. The property sits on a picturesque, tree-lined street just steps from locally owned eateries, eclectic shopping, and festive community events. Enjoy immediate proximity to the freshwater beaches on Grand Traverse Bay, the acclaimed vineyards of the Old Mission and Leelanau Peninsulas, and the breathtaking Sleeping Bear Dunes National Lakeshore. Totaling 4 bedrooms and 3 full baths across three fully independent, legally recognized units, this historic gem is ready to generate top-tier returns from day one.

Location

State MI

County Grand Traverse

Area Area28042Traversecity

Rooms

Basement Block, Daylight, Interior Entry, Other, Partially Finished

Main Level, 18.0*10.0 Bedroom1

Upper Level, 17.0*11.0 FamilyRoom

Main Level, 14.0*10.0 Bedroom2

Upper Level, 11.0*14.0 Bedroom4

Main Level, 11.0*18.0 Kitchen

Upper Level, 13.0*14.0 Bedroom3

Main Level, 17.0*12.0 DiningRoom

Main Level, 25.0*13.0 LivingRoom

Lower Level, 4.0*8.0 Laundry

Interior

Interior Features WalkInClosets

Heating Forced Air, Natural Gas

Cooling Ceiling Fans

Fireplace No

Exterior

Parking Features ThreeCarGarage, Detached, Garage

Garage Spaces 3.0

Fence Fenced

View Y/N No

Garage true

Building

Foundation Basement, Block, CrawlSpace

Sewer Shared Septic

Water Public

New Construction No

Schools

School District Traverse City

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Jay J Sluiter of REO-TCRandolph-233022

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(734) 564-2736

lauradesmit@gmail.com

Learn More About LPT Realty

214 W Tenth ST Traverse City, MI 49684