$440,000
Beds
2
Baths
2
Square Ft.
977
509 Rose Street, Traverse City, MI 49686
Rare opportunity to own a fully renovated, income-producing duplex in the heart of Traverse City, steps from downtown, fully furnished, and operating as a short-term rental since 2019. Both units are actively permitted and generating approximately $60,000 combined annually, with upside potential. Commercial zoning requires STR permits to remain active to preserve them both, making this a true turnkey investment with the infrastructure already in place. The lower unit offers 500 sq ft of thoughtfully designed living space with a 1 bedroom, 1 bath layout, fully equipped kitchen (stove/oven, dishwasher, microwave, refrigerator), king bed, and twin trundle beds sleeping up to 4 guests. The upper unit is 477 sq ft,Read MoreRead Less
Listing information is provided in part through IDX via MiRealSource and is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Listing is courtesy of REMAX Bayshore - Union St TC, 231-941-4500, the brokerage and MiRealSource Shareholder that originated the listing.
Listing Snapshot
Days Online
5
Last Updated
Property Type
Single Family
Beds
2
Full Baths
2
Square Ft.
977
Lot Size
0.05 Acres
Year Built
1896
MLS Number
80069457
Property Location Map
Additional Details
Appliances & Equipment
Dishwasher, Microwave, Range/Oven, Refrigerator
Basement
Outside Entrance, Stone
Building
977 square feet, Built in 1896, Style: 2 Story
Exterior Features
Vinyl Siding, Sidewalks
Water Features
None, Public Water
Heating
Natural Gas, Wall Heat
Kitchen
Length: 6 feet, Width: 10 feet
Lot
0.05 acres, Size: 40x50
Living Room
Length: 8 feet, Width: 12 feet
Property
Commercial, Multi-Family, Residential
Sewer
Community

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Mortgage Calculator
Monthly Payment
$0

(Source: Home Junction)

Don't miss out on
this wonderful property!

Bubble Image
Agent profile image
Agent profile image
Similar Listings
View More Listings

Schools In The Area

Choosing the right home often starts with finding the right school. Our site makes it easy by listing local schools in the area, complete with detailed information at your fingertips. Click on a school to learn more.

(Source: Home Junction)

Buy without the stress

We’re here to guide you every step of the way

Whether you’re searching for a serene waterfront retreat, a cozy cabin tucked into the woods, or a family home with room to grow, we’re here to guide you every step of the way. Let’s make your home-buying journey something you’ll enjoy and remember. With our local expertise and broad connections, we’ll guide you every step of the way – from dreams to keys in hand – so you can start your next chapter with excitement and confidence.

Get in touch