Cheboygan, MI 49721,726 S Huron Street
Cheboygan, MI 49721,726 S Huron Street
Cheboygan, MI 49721,726 S Huron Street
11
$499,000
$499,000
Est.Price: ?

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1,150 SqFt

726 S Huron Street Cheboygan, MI 49721

Est. payment /mo
SOLD DATE : 12/19/2025

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Key Details

Sold Price $499,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,150 sqft

Price per Sqft $433

Subdivision Mi

MLS Listing ID 80063033

Sold Date 12/19/25

Style 2 Story

Year Built 1960

Lot Size 2.500 Acres

Acres 2.5

Lot Dimensions irregular

Property Sub-Type Multi-Family

Property 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.

Location

State MI

County Cheboygan

Area Cheboygan (16022)

Zoning Multi-Family

Interior

Heating Baseboard

Appliance Dryer, Range/Oven, Refrigerator, Washer

Building

Story 2 Story

Foundation Slab

Water Public Water

Schools

School District Cheboygan Area Schools

Others

Ownership Private

Energy Description Electric

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Exchange/Trade

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Coldwell Banker Schmidt Traver
Bought with NON-MLS MEMBER OFFICE

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Yvonne Zielinski

Yvonne Zielinski

Agent | License ID: 6501374158

+1(586) 738-5543

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