$275,000

Take advantage of this excellent investment opportunity! The entire building is Short Term Rental permitted, so no guessing about licensing. This modern 1B/1B residence comes fully furnished and is turnkey and ready to produce income for the busy summer rush. Located in Traverse City's downtown, Trailside 45 is a friendly and convenient condominium community. It's adjacent to the TART trail, which allows pedestrian and bicycle access. There is an oversized bike locker room located on each floor. There is also a shared space for larger gatherings. This unit has quartz countertops in the kitchen and bath. Additional amenities include high-efficiency appliances, forced air, central air, electric water heater, refrigerator/freezer, oven/range, disposal, dishwasher, microwave, washer, dryer, keyed entry, no steps, wide hallways, elevator access to the residence, a private covered balcony with westerly facing views, washer/dryer, window coverings, and built-in closet organization. Association dues are $350.00 per month, including most utility costs, such as water/sewer, heat, trash removal, cable tv, and cable internet. Fees include all exterior maintenance, snow removal, lawn care, landscaping, liability insurance, and fire insurance. Electricity is through City of Traverse City. It usually runs between $35-41 per month, depending on usage. Per HOA, pets are permitted. Maximum of up to two medium-sized dogs. Owners are licensed agents. This condo was used as both a long-term and short-term rental. Due to the tenant lease, this listing is available for possession on May 21, 2023. Showings are limited.