Christopher Pugh
(419) 575-8750
(419) 575-8750
BEDS0
BATHS
MLS#480690
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLCharlevoix
Property Description
Step into a piece of Northern Michigan history with this extraordinary estate in Charlevoix. Spanning two acres, this unique property brings together three distinct buildings?the historic stone Loeb Schoolhouse, a carriage house, and a duplex?into one spectacular compound. Lovingly renovated by an artistic craftsman, the estate currently features 7 rentable units, with the township allowing for a total of 8, offering a highly lucrative turnkey or value-add investment opportunity. The crown jewel of the estate is the historic 1917 old schoolhouse. The main schoolhouse showcases exceptional cut stone craftsmanship and preserved historic character throughout. It currently features a stunning sunrise-view loft under construction, offering the perfect canvas to design a massive, luxurious owner's suite. Below, an expansive lower level provides limitless potential for storage, a creative studio, workshop, or custom home gym. Whether you are looking for a high-yield investment or have the creative vision to develop a premier boutique compound, the sky is the limit on this property's potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Heating: Natural Gas
Roof Type: Asphalt Shingles
Feature Descriptions
Days on Site: 9
Exterior: Wood Frame
Sewer: Septic
Units: 8
Water: City
Local Schools
School District: Charlevoix
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway HomeServices Real Estate
Agency Phone: 231-547-9905
Shown By
Agent Name: Christopher Pugh
Agent Phone: (419) 575-8750
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 8,798.65 per month $8,362.61 Principal & Interest $0.00 Property Tax (data not provided by mls) $436.04 Homeowner's InsuranceChange Payment Information
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4987 Loeb Road | MLS# 480690
This multi-family property located at 4987 Loeb Road, Charlevoix, MI 49720 is currently listed for sale with an asking price of $1,495,000. Loeb Road is located within the Charlevoix school district. Search Charlevoix real estate on www.custarchris.com today.