513 Cayuga, Bellaire, MI 49615
Local realty services provided by:ERA Greater North Properties
513 Cayuga,Bellaire, MI 49615
$439,900
- - Beds
- - Baths
- 1,700 sq. ft.
- Multi-family
- Active
Office: coldwell banker schmidt-bellaire
MLS#:1951979
Source:MI_NGLRMLS
Price summary
- Price:$439,900
- Price per sq. ft.:$258.76
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 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....
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Home facts
- Year built:1950
- Subdivision & Development:Richardi Addition
- Listing ID #:1951979
- Updated:November 13, 2026 at 04:49 PM
Rooms and interior
- Living area:1,700 sq. ft.
Heating and cooling
- Cooling:Electric
Structure and exterior
- Year built:1950
- Building area:1,700 sq. ft.
- Lot area:0.34 Acres
- Architectural Style:Apartment
Schools
- High school:Bellaire Public High School
- Middle school:Bellaire Middle School
- Elementary school:John R Rodger Elementary School
Finances and disclosures
- Price:$439,900
- Price per sq. ft.:$258.76
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