726 S Huron Street Cheboygan, MI 49721
Listing Courtesy of: NORTHERN GREAT LAKES / Coldwell Banker Schmidt Realtors / Alex MacKenzie

  726 S Huron Street Cheboygan, MI 49721

Active (2 Days)
$499,000 (USD)
10
BATH
7,500
SQFT

Description

Excellent investment opportunity — a fully occupied 6-unit apartment complex ideally located directly across from McLaren Hospital and just minutes from Downtown Cheboygan. The property totals approximately 7,500 SF on 2.5 ± acres and consists of three 3-bedroom / 1.5-bath units and three 2-bedroom / 1.5-bath units, all currently leased month-to-month. Each unit offers two private parking spaces, a semi-private backyard area, and a dedicated storage shed. Currently offered at an approximate 8.35% CAP rate, with value-add potential through future development of the property’s excess acreage. Don’t miss this opportunity to invest in one of Cheboygan’s best-located multifamily assets.

MLS #:
1939804
Lot Size
2.5 acres
Type
Multifamily
Year Built
1960
School District
Cheboygan Area Schools
County
Cheboygan County
Community
Cheboygan

Listed By

Alex MacKenzie, Coldwell Banker Schmidt Realtors
Source
NORTHERN GREAT LAKES
Last checked Oct 24 2025 at 8:53 PM GMT+0000
Bathroom Details
Interior Features
  • Refrigerator
  • Oven/Range
  • Washer
  • Dryer
  • Other
  • High Speed Internet
  • Cable Tv
Subdivision
  • N/A
Property Features
  • Fireplace: Other
  • Foundation: Slab
Heating and Cooling
  • Baseboard
  • Electric
Exterior Features
  • Roof: Asphalt
Utility Information
  • Sewer: Public Sewer
Parking
  • None
Stories
  • 2
Living Area
  • 7,500 sqft
Location
   
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Disclaimer: Copyright 2025 Northern Great Lakes Realtors MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/24/25 13:53