3025 US-23 Cheboygan, MI 49721

GREAT INVESTMENT OPPORTUNITY! This exceptional property features 9 rental rooms and a 1,200 sq. ft. house, all generating steady income. With a few minor updates, rental rates could easily increase by 20%, maximizing your return on investment. The property also includes an adjacent parcel and a 720 ...sq. ft. garage with a workshop, offering even more potential for expansion or development. Currently, the rooms are rented on a month-to-month basis, but they could easily be converted into overnight Vrbo or Airbnb rentals, adding flexibility and increased revenue. The property is ideally located just 2 miles from downtown Cheboygan and only 20 minutes from Mackinaw City, offering multiple income opportunities thanks to the area's high tourism and travel demand. Recent upgrades include Continue reading