Property Description for 3865 FRONT STREET
Rare investment opportunity situated directly across from the Chippawa Creek, this 9-unit building boasts incredible waterfront proximity withadded potential to lease the land across the street for a dock or other value-enhancing features. With Tourist Commercial (TC) zoning, the property supports a wide range of uses including long-term rentals, short-term Airbnb stays, or a hybrid model, making it ideal for savvy investors.The building includes six 1-bedroom units with scenic water views, two 2-bedroom units at the rear, and one bachelor suite in the basement, all sharing a common laundry and storage area. Seven units and common areas have already been demo'd, cleaned, and fully rewired,with updated emergency lighting, a new backflow valve, and front cleanouts installed. A two-year-old roof adds peace of mind. Remaining workincludes general interior finishes and final touches, with the building nearing the final stages of revitalization. Whether you're looking to reposition the property as a premium rental offering or capitalize on the area's strong short-term rental demand, this location offers exceptional flexibility, waterfront charm, and long-term upside. (id:38686)
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Property Details
Property Tax
: $20,966 (2025)MLS® #
: X12324698
Home Features
Property Type
: MultiFamily
Interior Features
Heating
: Radiant heat, Natural gasBasement
: Finished, Walk out, N/A
Utilities
Sewer
: Sanitary sewer
Other
Parking Features
: No Garage, SharedExterior Features
: Brick
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