Frankfort MI Multi Family for Sale
$439,000
812 Forest Frankfort, MI 49635
- Type:
- Multi-Family
- Sq.Ft.:
- 797
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- 80046627
- Subdivision:
- Town & Harbor
ADDITIONAL INFORMATION
Welcome to this completely renovated triplex located in downtown Frankfort where you will find yourself blocks away from Lake Michigan. This property boasts three distinct apartments, providing unique rental opportunities for the future owners. Whether you are looking for your own home with additional rental income, an investment property for long term rental or short-term rental this home offers it all. Renovated in 2023 this home was converted into three apartments featuring brand new appliances, neutral paint and flooring throughout, private entrances, dishwashers, wash and dryer, air conditioning in each unit and newly paved driveway providing ample parking. The first apartment is located on the main floor and is a spacious two bedroom,1 bath with a large kitchen, living and dining room area. The second apartment is conveniently located on the main floor and known as the ââ?¬Å?garden apartmentââ?¬Â? and is a studio with a full size kitchen and full bathroom. The third apartment is located upstairs on the second floor and is a one bedroom with full kitchen, living room and bathroom. Each unit is thoughtfully designed and decorated with functional layouts and modern amenities, ensuring convenience and comfort for residents. With its prime location in the charming downtown of Frankfort, you and your guests can enjoy being blocks away from restaurants, quaint shops, schools, Betsie Bay, Betsie Valley Bike Trail and stunning Lake Michigan beaches. Whether you're looking for a primary residence with rental income potential or an investment opportunity, this triplex offers the perfect solution.
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Frankfort Real Estate
The median home value in Frankfort, MI is $405,000. This is higher than the county median home value of $321,100. The national median home value is $338,100. The average price of homes sold in Frankfort, MI is $405,000. Approximately 32.25% of Frankfort homes are owned, compared to 17.92% rented, while 49.83% are vacant. Frankfort real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Frankfort real estate agent to arrange a tour today!
Frankfort, Michigan has a population of 1,034. Frankfort is less family-centric than the surrounding county with 20.28% of the households containing married families with children. The county average for households married with children is 23.44%.
The median household income in Frankfort, Michigan is $46,964. The median household income for the surrounding county is $68,875 compared to the national median of $69,021. The median age of people living in Frankfort is 60.7 years.
Frankfort Weather
The average high temperature in July is 78.9 degrees, with an average low temperature in January of 17.5 degrees. The average rainfall is approximately 35.4 inches per year, with 113 inches of snow per year.