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Randy Zakrajsek

randy@randyzgroup.com +1(231) 233-5023

$ 610,000

Est. payment -/mo

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Pending

706 Forest Avenue Frankfort, MI 49635

7,405 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Pending

Purchase Type For Sale

Municipality Frankfort

MLS Listing ID 26009446

Year Built 1920

Annual Tax Amount $1,234

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 50x150x48x75x75

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Renovated duplex in a prime downtown Frankfort location just blocks from Lake Michigan, Betsie Bay, shopping, dining, and the attractions that make this area a strong draw for both year-round residents and visitors. With two separate 2-bedroom, 1-bath apartments, this property offers excellent flexibility for long-term rental income, short-term rental potential, or owner occupancy with added revenue from the second unit. Both units offer updated interiors with neutral finishes, new appliances, dishwashers, washers and dryers, air conditioning, and private entrances. The main floor unit includes a spacious kitchen, living area, and dining space, while the upper unit offers a full kitchen, dining space and comfortable living room. Functional layouts and modern updates help support rental appeal and ease of ownership. A turn-key option exists, making ownership easy! Strong rental history is available, making this a compelling opportunity for investors seeking an income-producing property in one of Northern Michigan's most desirable lake-town markets. (Seller currently has two STR permits with the City of Frankfort -https://www.frankfortmich.com/how_do_i/learn_about/short_term_rentals.php for details or contact the City of Frankfort 231-352-7117) Strong rental history is available, making this a compelling opportunity for investors seeking an income-producing property in one of Northern Michigan's most desirable lake-town markets. (Seller currently has two STR permits with the City of Frankfort -https://www.frankfortmich.com/how_do_i/learn_about/short_term_rentals.php for details or contact the City of Frankfort 231-352-7117)

Location

State MI

County Benzie

Direction Second house on the south side of Forest Ave, just before Seventh St., heading into downtown. Private parking available behind the home off of Anchor Place. Looks for real estate signs.

Rooms

Basement Partial

Interior

Heating Baseboard, Hot Water

Cooling Window Unit(s)

Laundry In Unit

Exterior

Parking Features Driveway, Gravel

Utilities Available Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 4

Building

Lot Description Level, Sidewalk

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Frankfort

Others

Tax ID 51-010-252-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Real Estate One Beulah

NEARBY SCHOOLS & PROPERTIES

Randy Zakrajsek

Broker Associate | License ID: 6506047335

+1(231) 233-5023

Randy Zakrajsek

706 Forest Avenue Frankfort, MI 49635

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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706 Forest Avenue