351 W Main Street

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Source: MiRealSource

Originating MLS: MiRealSource

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sbr490501785

Multi-unit investment opportunity in Vanderbilt, just minutes from Gaylord and nearby hospital access. This property offers flexible rental potential with three units and is well-positioned for furnished mid-term rental use, including traveling nurses and short-term tenants. Seller reports strong demand through Furnished Finder and is currently transitioning the property toward fully furnished rentals. One unit is currently occupied at $1,600/month, while the other units are expected to be vacant. Seller projects higher rental potential during the summer season when operated as furnished units. Recent improvements include a newer roof, rebuilt exterior wall section, updated flooring, refinished walls, insulated roof work, recessed lighting, and two solar vents added to help with prior ice dam concerns. The property includes a well, brand-new septic system, multiple storage buildings, a 12x10 outbuilding with loft, furnishings, rugs, décor, picnic table, firepit, lawnmower, and additional materials the seller may leave with the sale. Exterior cleanup and finishing touches are still needed, but much of the setup is already in place for someone looking to operate furnished rentals in a resort-area market.

Property Information

Property Details

Location

Address

351 W Main Street

County

Otsego

City

Vanderbilt

Zip Code

49795

Subdivision

Berrys Add To Village Of Vanderbilt

School District

Vanderbilt Area Schools

MLS Area

Vanderbilt (69013)

Listing provided by JPAR - Great Lakes Bay Region, (989) 349-3039

Interior Features

Beds and Baths

Bedrooms

Full Bathrooms

Building

Building Information

Square Feet

2,000

Year Built

1986

Stories

Construction

Wood Siding

Foundation

Basement

Financial

Special Conditions

Standard

Property Taxes

Tax Annual Amount

$2,493

351 W Main Street, Vanderbilt, MI 49795

Market Report for 49795