Traverse City - Beach Property For Sale #4737131

Amazing opportunity - Spacious Condo in downtown TC, great location-walkable to all downtown has to offer. 3-bedroom, 2.5-bath, 1 car garage, updated with built-ins and newer paint. Built in 2017, main floor boosts an open-concept dining/living/kitchen space with a large island. Master bedroom with private bath and walk-in closet. Downstairs, the ground level offers versatility, currently used as a family room but could be transformed into a gym or office and includes a walk-out to the back patio. TCLP Fiber installed. Subject to HomeStretch/MSHDA Affordable Home Restrictions. Property is Appraised at $532,000.00 but must sell @ only $264,400.00. Prospective Buyer must show evidence of Homestretch Income Limitation Qualification prior to any showings. Purchaser must qualify at 80% of the area median gross income, adjusted. Approximate income levels listed in documents. Homestretch Application in documents. Purchaser must pay Homestretch Admission Fee, $2,500.00 at closing.