400 High Street, Boyne City, MI 49712-1391

$425,000
5
BD
4
BA
3,082
SqFt

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List Price
$425,000
Price Change
▼ $10,000 1781741423
Status
ACTIVE
MLS#
479361
Bedrooms
5
Full-baths
4
Sq. Ft
3,082
Acres
0.70
Year Built
1957

Property Description

Originally constructed as a residential home and later converted into a four-unit multifamily property, this unique investment opportunity is conveniently located near downtown Boyne City and offers scenic views overlooking Lake Forest. Situated on a large corner lot, the property features three 1-bedroom, 1-bath units along with a spacious 2-bedroom, 1-bath unit complete with a full basement. The flexible layout presents excellent potential for long-term rentals, seasonal housing, or multigenerational living. Residents enjoy close proximity to downtown shopping, dining, marinas, parks, and year-round Northern Michigan recreation including boating, skiing, golf, and trails. With its residential character, income-producing potential, generous lot size, and desirable location in one of Northern Michigan’s most sought-after communities, this property offers a rare opportunity for investors or buyers seeking versatility and strong future potential.

Additional Information

Waterfront
Neither
Water View
Yes
Lake
Forest Lake
Construction
Brick, Wood Frame/Site Built, Concrete/Block
Roof
Asphalt Shingle
Features
Ceiling Fans, Dishwasher, Patio, Range, Refrigerator, Washer, Wood Fireplace, Paved Road
Garage Description
None
Garage Spaces
None
Master Bdrm Level
Main
Basement
Crawl, Block, Partial
School District
Boyne City
Heating
Natural Gas, Hot Water Baseboard
Water
City
Sewer
City

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Calculator source: Real Geeks

Listing courtesy of Sarah Jones from Key Realty One.

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