Map
Listed price in listed location currency (USD).
$439,900

040

MLS® 1951979

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 1700 sqft
Garage 
Taxes 
Days Active 0
Lot Size 0.34 Acres
Approx. Age 1950
Avg. Price Per Sqft $258
MLS® Number 1951979

Property Address: 513 Cayuga, Bellaire, MI, 49615

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

Description

Prime Downtown Bellaire 4-Plex | Fully Occupied Turnkey Asset Exceptional, Rare In-Town Multi-Family Opportunity! 513 E Cayuga offers immediate, multi-stream rental yield within the Village of Bellaire. Situated on a 0.34-acre lot, this fully occupied four-plex features a balanced unit mix of two private 1-bedroom apartments and two efficient studio units, delivering immediate day-one cash flow. Tenants love the unbeatable location—just a short walk to downtown Bellaire’s vibrant core district, including Short’s Brewing Company and other local coffee shops and eateries, shopping, and walking path to Richardi Park. The property boasts dedicated off-street parking, a highly prized feature for in-town living that ensures effortless tenant attraction and long-term retention. With severe regional demand for year-round workforce housing and zero local multi-family inventory competition, this asset provides an investor with low vacancy risk, steady cash flow, and clear upside potential. Whether you are seeking a resilient addition to your portfolio or a high-yielding Northern Michigan income property, 513 E Cayuga offers reliable performance in an ideal setting.
MLS® Number1951979
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1950
BasementCrawl Space
DrivewayOne Car
Garage Spaces
HeatGravity, Natural Gas
A/CElectric

Extras

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties