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Owner Financed House located in Traverse City, MI


Possible Land Contract with low down payment


Home Description

Nice log cottage located on beautiful Spider Lake. We have a sandy beach with great swimming. Spider Lake is an all sports lake located within 10 miles of downtown Traverse City.

This cottage currently has a good income flow from weekly rentals. Someone could purchase it on Land Contract terms and use the income to offset much of the payment. Terms available with 10% down.

The cabin comes fully furnished and is ready to go. Listed by Real Estate One, 511 E Front St. Traverse City, MI 49686.

Contact Ken Weaver (owner/Agent) at kenweaver@charter.net

Home Information & Details

Property ID #:2885

Home Type:Single Family Home

Home Style:Log

Bedrooms:2

Bathrooms: 1 Total -  Full Baths: 1, Half Baths: 0, Quarter Baths: 0

Finished Sq Ft:860 (approx.)

Year Built:Not entered

Pet Policy

Dogs Accepted: Dogs Accepted

Cats Accepted: Cats Accepted

Neighborhood and School Information

Neighborhood:Waterfront

School District:Traverse City

Elementary School:

Middle School:

High School:

Owner Financing Terms & Information

Owner Financed Headline:Possible Land Contract with low down payment

Available:Immediately

Sale Price:$279,500

Sale Price Notes:

Down Payment:$27,950

Down Payment Notes:Contact for Details

Minimum Rate:7%

Minimum Rate Notes:Contact for Details

Maximum Term:

Owner Financed Notes: Easy Terms. Let the rental income make much of your payment. Owner will continue to manage the rental. Use it all you want and let the rental income in the off weeks help with the payments. Property is listed with Real Estate One, 511 E Front St , Traverse City, MI 49686

Home Information & Community Features

Appliances
   Refrigerator

Property ID # 2885

Home Address
629 Peninsula Trail
Traverse City, MI 49686

County:
Grand Traverse County

Regional Area:
Traverse City and Vicinity

Home Docs & Tools

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Contact Information

Ken Weaver

Cottages North

(231) 357-0821  


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629 Peninsula Trail - Traverse City, MI 49686


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629 Peninsula Trail - Traverse City, MI 49686





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