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Listed price in listed location currency (USD).
$499,000

000

MLS® 1939804

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 7500 sqft
Garage No
HOA Fees 
Taxes 
Days Active 5
Approx. Age 
Avg. Price Per Sqft $66
MLS® Number 1939804

Property Address: 726 S Huron St, Cheboygan, MI, 49721-2268

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1939804
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 22, 2025List Date
$499,000List Price
  • Commute

Commute

Starting Address
Destination Address
726 S Huron St, Cheboygan, MI

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