959-969 East Levering Road

Closed 1/15/19
Closed 1/15/19
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Sold
Last Sold Price
$225,000
8 beds4 baths2,792 sqft
959-969 East Levering Road, Cheboygan, MI 49721
Multi FamilyProperty Type
8.25 acresLot Size
$81/sq ftPrice per sq ft
2 carsParking Spaces

Description

Exceptional investment opportunity strategically located just outside the City limits (no city taxes or municipal utilities to pay). Whether you want to be an on site owner manager or rent all the units, this multi-unit complex offers a spacious updated main home (which could also be 2 rentals) with an attached garage, a 5 unit apartment building, a 3 bedroom home with a 1 car garage and 3 mobile home units. Potential monthly income of $5800. All units are rented with a continual waiting list. Includes...Exceptional investment opportunity strategically located just outside the City limits (no city taxes or municipal utilities to pay). Whether you want to be an on site owner manager or rent all the units, this multi-unit complex offers a spacious updated main home (which could also be 2 rentals) with an attached garage, a 5 unit apartment building, a 3 bedroom home with a 1 car garage and 3 mobile home units. Potential monthly income of $5800. All units are rented with a continual waiting list. Includes 8 acres for future expansion, 2 water wells, 5 septic systems and 3 outbuildings. The main home is a raised ranch with over 2400 square ft, 3 bedrooms and 2 full baths. It has an attached garage and has the potential to be made in to two units (has separate entry's) for greater rent potential. The main home includes the range, refrigerator, washer and dryer. There's a large back deck overlooking a private yard and garden area. In addition to the residential units you have 3 large outbuildings for equipment storage and an on site workshop. The back 6 acres allows room for privacy behind the main house and room for future expansion. The 5 unit apartment building has a basement as does the the unit at 929 Court Street. Most of the units have had new appliances (range and refrigerator) in the past 5 years. The landlord pays for the dumpster and security lighting and the gas and electric in the apartment building units. The tenants pay their own utilities in the mobile home and single family residence units. All units are in good structural shape with the exception of 961 which is currently being used for storage and was planned for use as a community laundry facility. A rent roll is attached with a full breakdown of sizes, rents unit description, utilities, etc. The property is serviced by 2 water wells and 5 septic systems so there are no municipal water charges to add to your expenses. The property is being offered below the appraised value.
  • Listed by: Carol A. Steiger 231.238.7400 properties@cheboyganrealestate.com Brokerage DRE #6505005538 • Re/Max North
Listing closed: 01/15/2019 12:00 AM • Source: Water Wonderland Board of REALTORS, MLS#: 304059

Recent comparable sales

Median sold price

$210,000

Avg days on market

125

Sale-to-list ratio

94.1%

Cheboygan, MI

9 comparable properties found

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1

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$245,000 | 1050 Mackinaw Avenue, Cheboygan, MI 49721
1/24
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1050 Mackinaw Avenue, Cheboygan, MI 49721

$224,000 | 425 West Lincoln Avenue, Cheboygan, MI 49721
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3

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425 West Lincoln Avenue, Cheboygan, MI 49721

$199,900 | 1821 East State Street, Cheboygan, MI 49721
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1821 East State Street, Cheboygan, MI 49721

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996 Lahaie Road, Cheboygan, MI 49721

$240,000 | 1310 Court Street, Cheboygan, MI 49721
1/39
6

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1310 Court Street, Cheboygan, MI 49721

$210,000 | 1135 West 1st Street, Cheboygan, MI 49721
1/30
7

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1135 West 1st Street, Cheboygan, MI 49721

$189,900 | 1014 Court Street, Cheboygan, MI 49721
1/35
8

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$185,000 | 240 North Street, Cheboygan, MI 49721
1/22
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Acres

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Property Information for 959-969 East Levering Road

Property Details
  • MLS Type: Residential Income / Multi Family
  • County: Cheboygan County
  • Architectural Style: Ranch, Two Story, Mobile, Other
  • Subdivision Name: T38N, R2W
  • Has Waterfront: No
Building Information
  • Stories: 2
  • Residences: 11
  • Lot Size: 8.25 AC / 359,370 SF
Summary
Location and General Information
  • Directions: Straits Hwy to Court Street to the end at Levering Road. At the corner of Court and Levering Rd.
  • Latitude: 45.648577
  • Longitude: -84.507328
  • Township: Beaugrand
Taxes and HOA
  • Parcel Number: 041-036-100-002-00
  • Tax Block: Section 36
  • Tax Book Number: 041-036-100-002-00
School Information
  • Elementary School: East
  • High School District: Cheboygan Area
Parking
  • Garage Spaces: 2.0
  • Garage: Yes
Property
Lot Information
  • Lot Size Dimensions: 8.25 Acres
Property and Assessments
  • Living Area: 2792.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
Building Features
  • Other Structures: Barn(s), Shed(s)
  • Total Stories: 2
Utilities
  • Sewer: Shared Septic
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Shared Well
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, Other, Gas Oven, Gas Range
  • Basement: Full, Other
  • Has Basement: Yes
  • Total Bedrooms: 8
  • Has Cooling: No
  • Heating: Natural Gas
  • Has Heating: Yes
  • Has Fireplace: No
  • Laundry Features: Other
  • Water Heater: Gas
Room Information
Room 1
  • Type: Laundry
Multi Family
Multi Family Information
  • Number Of Units Total: 11
Income & Expenses
  • Gross Income: $69,600

Property History for 959-969 East Levering Road

DateEvent & SourcePriceAppreciation
Jan 15, 2019

Sold

Water Wonderland Board of REALTORS #304059

$225,000—
Nov 28, 2018

Contract Signed

Water Wonderland Board of REALTORS #304059

—
Jan 3, 2017

Listed (Active)

Water Wonderland Board of REALTORS #304059

$295,000—
DateEvent & SourcePrice
01/15/2019

Sold

Water Wonderland Board of REALTORS #304059

$225,000
11/28/2018

Contract Signed

Water Wonderland Board of REALTORS #304059

—
01/03/2017

Listed (Active)

Water Wonderland Board of REALTORS #304059

$295,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 959-969 East Levering Road

This home is within Cheboygan Area Schools.
Rating
School
Type
Grades
Distance
East Elementary School
Public - K to 3
Cheboygan Intermediate School
Public - 3 to 10
Cheboygan Area High School
Public - 8 to 12
Cheboygan Middle School
Public - 4 to 12
Rating
School
Distance
East Elementary School
PublicK to 3

Cheboygan Intermediate School
Public3 to 10

Cheboygan Area High School
Public8 to 12

Cheboygan Middle School
Public4 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 959-969 East Levering Road, Cheboygan, MI 49721
$225,000
8
4
2,792
359,370
959 East Levering Road, Cheboygan, MI 49721
$225,000
–
–
7,256
346,738
979 East Levering Road, Cheboygan, MI 49721
–
2
1
1,056
169,884
968 East Levering Road, Cheboygan, MI 49721
–
–
1
–
43,560
926 West Court Street, Cheboygan, MI 49721
–
–
1
1,106
31,363
1015 East Levering Road, Cheboygan, MI 49721
–
–
2
1,660
261,360

Explore Nearby Homes

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Listing Courtesy of Re/Max North

The data relating to real estate on this website comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than Compass and its related brokerages are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor the broker which owns this website shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. WWLX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2026 Water Wonderland MLS, Inc©. All Rights Reserved.