Back to Results Property

513 Cayuga, Bellaire, MI 49615

$439,900
: 4
BA
: 1,700
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $439,900
Days on Market: 1
Status: NEW
MLS#: 1951979
Bathrooms: 4
Living Area: 1,700
Lot Size (Acres): 0.34
Style: Apartment
Year Built: 1950

Refine Search

Property Description

Prime Downtown Bellaire 4-Plex | Fully Occupied Turnkey Asset Exceptional, Rare In-Town Multi-Family Opportunity! 513 E Cayuga offers immediate, multi-stream rental yield within the Village of Bellaire. Situated on a 0.34-acre lot, this fully occupied four-plex features a balanced unit mix of two private 1-bedroom apartments and two efficient studio units, delivering immediate day-one cash flow. Tenants love the unbeatable location—just a short walk to downtown Bellaire’s vibrant core district, including Short’s Brewing Company and other local coffee shops and eateries, shopping, and walking path to Richardi Park. The property boasts dedicated off-street parking, a highly prized feature for in-town living that ensures effortless tenant attraction and long-term retention. With severe regional demand for year-round workforce housing and zero local multi-family inventory competition, this asset provides an investor with low vacancy risk, steady cash flow, and clear upside potential. Whether you are seeking a resilient addition to your portfolio or a high-yielding Northern Michigan income property, 513 E Cayuga offers reliable performance in an ideal setting.

(231) 334-7000

Search All Properties

Additional Information

Building Name: Richardi Addition
Stories: 2
Interior Features: High Speed Internet, Cable TV
Amenities: Pets Allowed
Exterior Features: Sidewalk
Heating: Gravity, Natural Gas
Cooling: Electric
Water: Public
Sewer: Public Sewer
School District: Bellaire Public Schools
Elementary School: John R Rodger Elementary School
Middle School: Bellaire Middle School
High School: Bellaire Public High School