513 Cayuga, Bellaire, MI 49615
Local realty services provided by:ERA Prime Real Estate Group
513 Cayuga,Bellaire, MI 49615
$439,900
- - Beds
- - Baths
- 450 sq. ft.
- Multi-family
- Active
Listed by: christopher hale
Office: coldwell banker schmidt-bellaire
MLS#:78080074877
Source:MI_REALCOMP
Price summary
- Price:$439,900
- Price per sq. ft.:$977.56
About this home
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 locationâ€"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....
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Home facts
- Year built:1950
- Subdivision & Development:RICHARDI ADDITION
- Listing ID #:78080074877
- Added:1 day(s) ago
- Updated:October 27, 2026 at 02:16 PM
Rooms and interior
- Living area:450 sq. ft.
Heating and cooling
- Cooling:Exhaust Fan
- Heating:Electric, Gravity, Natural Gas
Structure and exterior
- Year built:1950
- Building area:450 sq. ft.
- Lot area:0.34 Acres
- Architectural Style:Apartment
- Foundation Description:Crawl Space
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$439,900
- Price per sq. ft.:$977.56
Features and amenities
- Appliances:Disposal, Oven, Range, Refrigerator
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