463 W State Street, Cheboygan, MI 49721

$129,900

bedrooms

bathrooms

square feet

1,254

Acreage

0.0

Open Houses

year built

Full Baths

Half Baths

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Here's your chance to own a prime investment property in the heart of downtown Cheboygan. This property features three one-bedroom units, offering excellent rental potential. While some updates are needed, the current owner has had no trouble keeping the units rented, highlighting strong demand in the area. The property has a new boiler and an updated electric panel, adding to its appeal. Located just a short walk from Main Street, this property offers easy access to local shops and dining. Enjoy the beautiful Cheboygan River, City Beach, and the popular bike/snowmobile trail, all just steps away. With its ideal location and potential for upgrades, this property is a great investment opportunity in a sought-after area.

Location
Subdivision	T38n R1w
County	Cheboygan
Elementary School	Cheboygan
Middle School	-
High School	Cheboygan

Driving directions

Open houses

None scheduled.

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MLS number: 201832732

Listing agent: Billy Jewell

Listing broker: Berkshire Hathaway Homeservices Michigan Real Estate (877) 808-7007

Copyright © 2025 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 15 2025 at 4:47 p.m. EDT

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