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    3031 Main St Boyne Falls, MI 49713

    For Sale
    $429,900

    Multifamily - Boyne Falls, MI

    Property size:
    3,990 SF
    Days on Market:
    423
    Last Refresh:
    Dec 6 at 9:06 pm

    Property Features for 3031 Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    041-202-011-00
    Interior features
    Cathedral Ceilings, Ceiling Fans, Deck, Dishwasher, Dryer, Mini Blinds, Paved Drive, Range, Refrigerator, Washer, Other/See Remarks, Paved Road
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
    Size
    3,990 SF

    Utilities

    Utilities
    Cable Available
    Heating system
    Other (Heating)
    Cooling system
    Ceiling Fan(s)

    Building Details

    Number of units
    4
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Lynda's Real Estate Service (231) 582-9555 [email protected]

    Listing agent Marty Moody (231) 582-9555

    Listing date Oct 10, 2024

    MLS# 475035 Listing URL

    Copyright © 2025 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Boyne Falls Multifamily Investment Opportunity

    This four-unit property is located in Boyne Falls. The property includes two commercial units, a two-bedroom lower apartment, and a two-bedroom upper apartment. The upper unit offers views of the Boyne Mountain complex and ski hills. The building has been maintained and presents an opportunity for growth in the Boyne Mountain community. The property has a living area of 3990 square feet and is zoned commercial. All four units are currently rented.
    Property Profile Location Intelligence

    Current Use by Public Records

    Boyne Valley Food ... Food Products Supplier Boyne Valley Pantry ... Food Bank

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Food Market Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boyne Falls
    County
    Charlevoix
    State
    Michigan
    Longitude
    -84.914895
    Latitude
    45.166907

    FAQs

    What type of property is this?
    Quadplex - Four-unit property in Boyne Falls, offering residential and commercial income.
    Where is this quadplex located?
    The property is located at 3031 Main St Boyne Falls, MI.
    What is the asking price?
    The asking price for this property is $429,900.
    What are key features of this property?
    This property features: - Multi-unit property with all four units currently rented, providing immediate income.; - Live in the largest upper unit while the other three units generate rental income to cover the mortgage.; - **Uninterrupted views of Boyne Mountain and ski hills from the upper unit, creating seasonal rental opportunities.**
    (231) 582-9555
    Request Owner's contact information
    3031 Main St Boyne Falls, MI 49713
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    Boyne Falls, MI 49713
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3031 Main St Boyne Falls, MI 49713
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