Property Details

Description

Spacious Updated Duplex in Lake Ann – Ideal Investment or Owner-Occupant Opportunity! Don’t miss this rare opportunity to own a beautifully updated duplex in Lake Ann just 20 minutes from Traverse City! Offering a combined total of over 4,000 finished square feet, each side of this open-concept property features 2,016 sq ft of living space, an attached 1-car garage, and its own private front porch and back deck—perfect for enjoying the peaceful, spacious yard on this generously sized lot. Each unit has a main floor primary suite and laundry for easy living. The large, finished basements include a bedroom with egress windows and a spacious family room, ideal for entertaining or relaxing. Unit A features 3 bedrooms, 3 bathrooms, and a versatile loft space, while Unit B offers 3 bedrooms and 2 bathrooms. Significant updates in 2022 include new flooring, a new well, and the completion of both basements. Whether you're looking to live in one side and rent out the other, or seeking a solid investment with dual rental income, this duplex is the perfect fit. Both units are currently leased: one transitions to month-to-month in June, the other in December—offering flexibility for future plans. Enjoy small-town charm with proximity to Traverse City and all that Northern Michigan has to offer. This is a unique and turnkey property with excellent potential—schedule your showing today!